Flexible modeling tool
The Demand Forecasting Model prepares forecasts of future health care demand by DRG, by product line (HMO, PPO, indemnity, Medicare, etc.), and by geographic location. For each product line, you can compare your current market share to current total demand to assess areas of investment for expansion.
Value
• Project the future demand for hospital services by defined geographic market
• Develop utilization forecasts incorporating the impact of market forces
• Quantify your current market share by DRG relative to current total market demand
• Identify areas for capital investment and strategic action
• Generate forecasts of market share changes associated with your proposed strategies
Insightful modeling
The model helps you develop meaningful scenarios of how your market share changes given your proposed expansion strategy and considers impact on future revenue. The Demand Forecast Model relies on projected age-gender census data segmented by line of business (commercial payers, Medicare, Medicaid, etc.) and projected age-gender admission rates by DRG.
Detailed reports
Demand Forecast Model provides detailed reports at the DRG detail level or summary reports by MDC or admission type categories (medical, surgical, etc.) and has the flexibility to export DRG detail to Microsoft® Excel-based spreadsheet for custom analyses.
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