Enhancing efficiency in the health care industry
Document Type
Article
Publication Date
12-1-2005
Abstract
The benefits of incorporating American Healthways Corporation's (AMHC) predictive modeling to more accurately identify patients likely to develop chronic illness are discussed. One way to enhance operational efficiency in the health care sector is by more accurately identifying the sources of future high resource demand and initiating strategic management tactics to mitigate the potentially significant costs of fully developed illness. AMHC uses an empirical claims-based approach to predictive modeling and risk stratification with the purpose of creating a model that correctly identifies future high-risk patients based on information derived from a health plans. It collects and processes all relevant medical claims, pharmacy, lab results, and clinical data to develop, calibrate and implement predictive model. It utilizes a wide array of artificial-intelligence based statistical and econometric methods to investigate the data and create a predictive model.
Identifier
33745200729 (Scopus)
Publication Title
Communications of the ACM
External Full Text Location
https://doi.org/10.1145/1101779.1101785
e-ISSN
00010782
ISSN
00010782
First Page
107
Last Page
110
Issue
12
Volume
48
Recommended Citation
Kedyea, Stephan; Hamar, G. Brent; and Gandy, William M., "Enhancing efficiency in the health care industry" (2005). Faculty Publications. 19361.
https://digitalcommons.njit.edu/fac_pubs/19361
