Innovation and Advanced Analytical Tools
In support of the wide array of research programs offered by the Advisory Board, we have also developed quantitative research tools and analytics to respond to the broad array of challenges confronting our members.
Inpatient Market Forecaster
Purpose
- Organize and forecast inpatient volumes, ALOS (Average Length of Stay), bed days, and finances for services lines, sub-service lines, and individual DRGs
- Create custom scenario analyses to measure the impact of market share shifts and other local market drivers
Suggested End Users
- Planners and Business Development
- Finance
- Decision Support
Outpatient Market Forecaster
Purpose
- Monitor and compare outpatient service lines, sub-service lines, and individual services/procedures
- Forecast outpatient growth based on local demographic projections and Innovations Center forecasting
- Generate analytics and graphics, including drill-down dashboards, ranking modules, growth assessments, and built-in scenario modeling, that allow planners to anticipate and direct future growth.
Suggested End Users
- Planners and Business Development
- Finance
- Decision Support