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The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE)
Hospitals commonly project demand for their services by combining their historical share of regional demand with forecasts of total regional demand. Hospital-specific forecasts of demand that provide prediction intervals, rather than point estimates, may facilitate better managerial decisions, espec...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer US
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7983102/ https://www.ncbi.nlm.nih.gov/pubmed/33751281 http://dx.doi.org/10.1007/s10729-021-09555-3 |
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author | Yang, Linying Zhang, Teng Glynn, Peter Scheinker, David |
author_facet | Yang, Linying Zhang, Teng Glynn, Peter Scheinker, David |
author_sort | Yang, Linying |
collection | PubMed |
description | Hospitals commonly project demand for their services by combining their historical share of regional demand with forecasts of total regional demand. Hospital-specific forecasts of demand that provide prediction intervals, rather than point estimates, may facilitate better managerial decisions, especially when demand overage and underage are associated with high, asymmetric costs. Regional point forecasts of patient demand are commonly available, e.g., for the number of people requiring hospitalization due to an epidemic such as COVID-19. However, even in this common setting, no probabilistic, consistent, computationally tractable forecast is available for the fraction of patients in a region that a particular institution should expect. We introduce such a forecast, DICE (Demand Intervals from Consistent Estimators). We describe its development and deployment at an academic medical center in California during the ‘second wave’ of COVID-19 in the Unite States. We show that DICE is consistent under mild assumptions and suitable for use with perfect, biased and unbiased regional forecasts. We evaluate its performance on empirical data from a large academic medical center as well as on synthetic data. |
format | Online Article Text |
id | pubmed-7983102 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Springer US |
record_format | MEDLINE/PubMed |
spelling | pubmed-79831022021-03-23 The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) Yang, Linying Zhang, Teng Glynn, Peter Scheinker, David Health Care Manag Sci Article Hospitals commonly project demand for their services by combining their historical share of regional demand with forecasts of total regional demand. Hospital-specific forecasts of demand that provide prediction intervals, rather than point estimates, may facilitate better managerial decisions, especially when demand overage and underage are associated with high, asymmetric costs. Regional point forecasts of patient demand are commonly available, e.g., for the number of people requiring hospitalization due to an epidemic such as COVID-19. However, even in this common setting, no probabilistic, consistent, computationally tractable forecast is available for the fraction of patients in a region that a particular institution should expect. We introduce such a forecast, DICE (Demand Intervals from Consistent Estimators). We describe its development and deployment at an academic medical center in California during the ‘second wave’ of COVID-19 in the Unite States. We show that DICE is consistent under mild assumptions and suitable for use with perfect, biased and unbiased regional forecasts. We evaluate its performance on empirical data from a large academic medical center as well as on synthetic data. Springer US 2021-03-22 2021 /pmc/articles/PMC7983102/ /pubmed/33751281 http://dx.doi.org/10.1007/s10729-021-09555-3 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC part of Springer Nature 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Article Yang, Linying Zhang, Teng Glynn, Peter Scheinker, David The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) |
title | The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) |
title_full | The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) |
title_fullStr | The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) |
title_full_unstemmed | The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) |
title_short | The development and deployment of a model for hospital-level COVID-19 associated patient demand intervals from consistent estimators (DICE) |
title_sort | development and deployment of a model for hospital-level covid-19 associated patient demand intervals from consistent estimators (dice) |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7983102/ https://www.ncbi.nlm.nih.gov/pubmed/33751281 http://dx.doi.org/10.1007/s10729-021-09555-3 |
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