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Tag "healthcare"

INFORMS Healthcare 2017: Optimizing operations & outcomes

    INFORMS Healthcare 2017: Optimizing operations & outcomes

Since the first edition in 2011, the biennial INFORMS Healthcare Conference has quickly developed into the global leading conference in its field. This is further underlined by the decision of the INFORMS Health Applications Society to cross the ocean for the fourth edition, which will be held in Rotterdam, Netherlands, on July 26-28.

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Generous health insurance plans encourage overtreatment, but may not improve health

    Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured.

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Healthcare Analytics: Evolution of data organizations in healthcare

The big news for the Affordable Care Act (ACA) in March was the failure of the alternative healthcare bill on the House floor. For the first time since the election campaign season began, we heard real conversations between politicians and their constituents about healthcare. The uproar about healthcare in recent times made us confront the age-old question in the United States: Is healthcare a right or an entitlement?

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Viewpoint: Healthier use of healthcare data

Back in the days before the data deluge, there were clear and distinct roles regarding IT and Finance in the healthcare industry. When patient and payer medical information was captured on multipage paper documents attached to a clipboard, it was easy to manage the data, however ineffectively. But those days are long gone. Healthcare organizations now need to take a serious look at the potential business value of developing a strategic partnership with IT in order to create analytic solutions that deliver quantifiable results.

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Ready for Rotterdam: 2017 INFORMS Healthcare Conference

All over the world, healthcare organizations are being challenged by obstacles related to the aging of the population and other global trends. It is vital that the complex and growing demands in healthcare delivery are tackled swiftly and optimally. With the abundance of data available, operations researchers across the globe can pool resources and share solutions to come up with innovative ideas to remedy shortcomings within current healthcare systems. The 2017 INFORMS Healthcare Conference, to be held July 26-28 in Rotterdam, Netherlands, is the ideal forum for O.R. professionals to come together to optimize health service operations and outcomes.

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Johns Hopkins Hospital opens capacity command center

    Johns Hopkins Hospital opens capacity command center

The Johns Hopkins Hospital has launched a state-of-the-art, advanced hospital control center. The Judy Reitz Capacity Command Center, designed and built with GE Healthcare Partners (GE), combines the latest in systems engineering, predictive analytics and innovative problem-solving to better manage patient safety, experience, volume and the movement of patients in and out of the hospital, enabling greater access to Johns Hopkins’ lifesaving services.

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Healthcare Analytics: Data governance and management

The healthcare analytics industry is making great strides. As part of my work I talk to many data analytics companies who report they are very busy with implementation projects. One large company told me that its implementation staffs are booked until end of the first quarter of 2017. This is evidence that the demand for healthcare analytics is strong.

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Healthcare Analytics: Analytics and machine learning

    Healthcare Analytics: Analytics and machine learning

The U.S. healthcare system is well on its way in the transition to value-based payment models that reward providers for delivering quality outcomes and keeping patients healthy. In fact, as of March 2016, the Department of Health and Human Services reported that an estimated 30 percent of Medicare payments were already tied to these new alternative payment systems.

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Healthcare Fraud: Analytics — The radiation badge for healthcare FWA

    Healthcare Fraud: Analytics — The radiation badge for healthcare FWA

While it has been a problem since the beginning of modern healthcare, in the past few years public focus on fraud, waste and abuse (FWA) in healthcare has grown substantially, as has the amount of money lost in the U.S. healthcare system as a result. Recent testimony to Congress by Ann Maxwell, assistant inspector general for evaluation and inspections at the Office of Inspector General (OIG), U.S. Department of Health and Human Services (HHS), reported “the estimated improper payments for Medicare and Medicaid to be approximately $88.8 billion” in FY2015.

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Healthcare Analytics HIMSS 2016 report: A good year ahead for data aficionados

    Healthcare Analytics HIMSS 2016 report: A good year ahead for data aficionados

The Healthcare Information Management Systems Society (HIMSS) organizes the largest health information technology conference in North America every year. This year’s event, held in Las Vegas, attracted about 42,000 attendees from around the world. About 1,300 health IT exhibitors showcased their products and services, and more than 300 education programs were presented. I attended this event to get a glimpse of the industry with a focus on healthcare analytics. It was encouraging to hear success stories in health analytics around the country.

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


Headlines

What you like in a CEO candidate may not deliver results

Attributes that often get someone hired as CEO may not be the ones that drive success once they are at the helm of the company. That’s one of many provocative insights in a study by consulting firm ghSMART. The study, recently featured in Harvard Business Review, identifies characteristics that differentiate the most effective leaders. Read more →

Paying for online reviews backfires among socially influential

Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews? Read more →

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2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

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