Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/257881 
Year of Publication: 
2019
Citation: 
[Journal:] Risks [ISSN:] 2227-9091 [Volume:] 7 [Issue:] 2 [Article No.:] 43 [Publisher:] MDPI [Place:] Basel [Year:] 2019 [Pages:] 1-22
Publisher: 
MDPI, Basel
Abstract: 
The presented research discusses general approaches to analyze and model healthcare data at the treatment level and at the store level. The paper consists of two parts: (1) a general analysis method for store-level product sales of an organization and (2) a treatment-level analysis method of healthcare expenditures. In the first part, our goal is to develop a modeling framework to help understand the factors influencing the sales volume of stores maintained by a healthcare organization. In the second part of the paper, we demonstrate a treatment-level approach to modeling healthcare expenditures. In this part, we aim to improve the operational-level management of a healthcare provider by predicting the total cost of medical services. From this perspective, treatment-level analyses of medical expenditures may help provide a micro-level approach to predicting the total amount of expenditures for a healthcare provider. We present a model for analyzing a specific type of medical data, which may arise commonly in a healthcare provider's standardized database. We do this by using an extension of the frequency-severity approach to modeling insurance expenditures from the actuarial science literature.
Subjects: 
medical data analysis
store sales analysis
predictivemodeling
generalized additivemodels
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
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