PMD13: OPTIMIZING CLINICAL EFFECTIVENESS THROUGH ACTUARIAL MODELING IN HOSPITALS

Clinical versus actuarial judgment.

Professionals are frequently consulted to diagnose and predict human behavior; optimal treatment and planning often hinge on the consultant's judgmental accuracy. The consultant may rely on one of two contrasting approaches to decision-making--the clinical and actuarial methods. Research comparing these two approaches shows the actuarial method to be superior. Factors underlying the greater acc...

Optimizing sterilization logistics in hospitals.

This paper deals with the optimization of the flow of sterile instruments in hospitals which takes place between the sterilization department and the operating theatre. This topic is especially of interest in view of the current attempts of hospitals to cut cost by outsourcing sterilization tasks. Oftentimes, outsourcing implies placing the sterilization unit at a larger distance, hence introdu...

Why High Dimensional Modeling in Actuarial Science?

We describe the Generalized Additive Family which covers Generalized Linear Model, Generalized Additive Model, Neural Network and Boosting and more. We outline the theoretical features of each member, along with the corresponding implications on actuarial applications. A complete procedure that details the data-scrubbing, preliminary data diagnosis, variable selection, model selection and model...

Monitoring Obstetric Anesthesia Safety across Hospitals through Multilevel Modeling.

BACKGROUND The rate of anesthesia-related adverse events (ARAEs) is recommended for monitoring patient safety across hospitals. To ensure comparability, it is adjusted for patients' characteristics with logistic models (i.e., risk adjustment). The rate adjusted for patient-level characteristics and hospital affiliation through multilevel modeling is suggested as a better metric. This study aims...

Modeling and optimizing the evacuation of hospitals based on the RCPSP with resource transfers