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A Hybrid Markov-SPC Approach to Assess Cost Differences in Urgent Care Utilization Using Patient-Reported Data in
Brant J Oliver1,2,3, Gil Y Melmed1,3,4,5,6, Corey A Siegel7
1Department of Community & Family Medicine, Geisel School of Medicine at Dartmouth, Hanover, NH, USA.
This study introduces a novel method for real-time cost estimation in healthcare using patient-reported outcomes (PROs) and advanced analytics. The developed prototype helps assess cost differences, aiding quality improvement initiatives.
Area of Science:
- Health Services Research
- Health Economics
- Data Analytics
Background:
- Estimating healthcare costs in real-time is challenging for quality improvement.
- Patient-reported outcomes (PROs) offer a valuable data source for cost analysis.
- The IBD Qorus Learning Health System (LHS) collects crucial PRO data.
Purpose of the Study:
- To develop and prototype a real-time cost-estimation method.
- To assess cost differences between usual care and improvement initiatives.
- To leverage PRO data, Markov modeling, and Statistical Process Control (SPC) analytics.
Main Methods:
- Utilized patient-reported outcomes (PROs) including emergency department visits and hospitalizations.
- Employed Markov modeling to estimate annualized per-patient cost differences.
- Applied Statistical Process Control (SPC) analytics for real-time visualization and monitoring of cost estimates.
Main Results:
- Developed a real-time Markov-informed SPC visualization prototype.
- The prototype analyzes and monitors monthly annualized per-patient cost savings.
- Validation against claims data is currently in progress.
Conclusions:
- The hybrid Markov-SPC approach provides near real-time cost difference estimates.
- This method can enhance improvement, advocacy, and strategic planning.
- Successful validation could establish a new standard for cost analysis in healthcare improvement.
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