Operations Management

 

 

McLaughlin and McLaughlin (2024) suggest, “the health policy team must understand technology by which each policy alternative would achieve its outcomes. This is necessary in this stage of formative evaluation and later in the health policy analysis cycle for implementation planning” (p.91).

Regarding “each” of the following five forecasting methods:

Gathering Expert Opinions
Time Series Analysis
Surveying and Sampling
Correlational and Causal Modeling
Simulation and System Modeling
Note: You should not write in first person.

Describe techniques that can reduce the concerns about the dominance of one or two individuals in the forecasting process (Gathering Expert Opinions).
Define time series analysis, historical data, and possible software alternative models to time series analysis (Time Series Analysis).
Describe two pros and two cons of implementing clinical trials and survey data (Surveying and Sampling).
Explain the relationship between correlation and causation within regression analysis (Correlational and Causal Modeling).
Explain why it is important to forecast the impact of medical advancements and the resulting changes in the health care organization and financing of healthcare delivery (Simulation and System Modeling).
The Health Technology Assessment Process paper

 

Sample Solution

Gathering Expert Opinions:

  • Reducing Dominance:
    • Delphi Technique: This structured communication technique involves multiple rounds of anonymous questionnaires sent to experts. This anonymity minimizes the influence of dominant individuals, as experts can express their opinions freely without fear of reprisal or peer pressure. Iterative feedback allows for convergence towards a consensus.
    • Structured Interviews: Instead of open discussions, use structured interview protocols with pre-defined questions. This ensures that all experts are asked the same questions, reducing the potential for one or two individuals to steer the conversation.
    • Weighted Averaging: When combining expert opinions, assign weights to each expert based on their expertise and experience. This prevents the opinions of less experienced or less knowledgeable individuals from unduly influencing the forecast.
    • Use of multiple panels: Divide the experts into multiple independent panels. This reduces the risk of group think, and allows for the comparison of multiple independent forecasts.

2. Time Series Analysis:

  • Definition:
    • Time series analysis is a statistical method used to analyze a sequence of data points collected over time. Its goal is to identify patterns, trends, and seasonal variations in the data, and to use these patterns to forecast future values.
  • Historical Data:
    • Historical data refers to the chronological sequence of past observations used in time series analysis. This data is essential for identifying patterns and trends that can be extrapolated into the future.
  • Software Alternative Models:
    • While traditional time series models like ARIMA (Autoregressive Integrated Moving Average) are widely used, alternative models and software tools exist:
      • Machine Learning Models: Algorithms like recurrent neural networks (RNNs) and long short-term memory (LSTM) networks can capture complex, non-linear patterns in time series data.
      • Prophet (Facebook): Designed for forecasting business time series, prophet is robust to missing data and shifts in trends.
      • Software Packages: R, Python (with libraries like statsmodels and scikit-learn), and specialized forecasting software provide a wide range of time series analysis tools.

3. Surveying and Sampling:

  • Pros of Clinical Trials and Survey Data:
    • Clinical Trials:
      • Provide robust evidence of treatment efficacy and safety through controlled experiments.
      • Allow for the evaluation of specific interventions in a targeted population.
    • Survey Data:
      • Can capture patient preferences, attitudes, and experiences, providing valuable insights into healthcare needs.
      • Allow for the collection of data from large and diverse populations.
  • Cons of Clinical Trials and Survey Data:
    • Clinical Trials:
      • Can be expensive and time-consuming.
      • May have limited generalizability due to strict inclusion and exclusion criteria.
    • Survey Data:
      • Susceptible to response bias and sampling errors.
      • May not capture complex or nuanced information.

4. Correlational and Causal Modeling:

  • Correlation vs. Causation:
    • Correlation indicates a statistical association between two variables, while causation implies that one variable directly influences another.
    • Regression analysis can identify correlations, but it does not necessarily establish causation.
    • To establish causation, researchers must consider factors such as:
      • Temporal precedence (cause precedes effect).
      • Elimination of alternative explanations.
      • Biological plausibility.
    • Regression analysis can be an important part of causal modeling, but must be used with other techniques, and careful consideration of other factors, to determine causation.

5. Simulation and System Modeling:

  • Importance of Forecasting Medical Advancements:
    • Medical advancements can significantly impact healthcare delivery, costs, and outcomes.
    • Forecasting these impacts is crucial for:
      • Strategic planning: Healthcare organizations need to anticipate changes in demand, resource allocation, and service delivery.
      • Financial planning: New technologies and treatments can have significant cost implications, requiring adjustments to healthcare financing models.
      • Policy development: Policymakers need to understand the potential impact of medical advancements on public health and healthcare access.
      • Resource allocation: Simulation and system modeling can help predict the impact of new technologies on resource utilization, such as hospital beds, staff, and equipment.
    • By using simulation and system modeling, health policy teams can assess the potential consequences of medical advancements and develop strategies to mitigate risks and maximize benefits.

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