Amstat Analytics Group

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So far Amstat Analytics Group has created 15 blog entries.

Uncovering the World of Medical Predictive Analytics

By | 2018-03-29T20:15:34+00:00 March 29th, 2018|Categories: Healthcare Analytics, Predictive Analytics|

As the collection of hospital data piles up, hospital financial executives are faced with the complex challenge of organizing, analyzing, and using this information. Adding to the existing whirlwind of cataclysmic issues in healthcare – the time has come for hospital revenue cycle managers to transform this data into strategic actions to improve patient outcomes and [...]

How Data Analytics Benefit the Revenue Cycle

By | 2018-03-14T21:15:27+00:00 January 10th, 2018|Categories: Healthcare Analytics, Revenue Cycle Analytics|

The problem: In today's evolving healthcare climate, hospitals and health systems are challenged to provide higher-quality care while operating on leaner budgets. Namely, the shift away from fee-for-service to fee-for-value aims to make higher-quality, lower-cost care more accessible to patients. New reimbursement models, in addition to growing consumerism and competition, further emphasize the need to [...]

Relative Risk of Lung Cancer 

By | 2017-10-30T16:00:22+00:00 October 26th, 2017|Categories: Biostatistical Consulting|

We compared the difference in relative risk (RR) of lung cancer between the intervention and control groups. The hypothesis was: H1: The intervention group will have an increase in relative risk (RR) of lung cancer from pre to post while the control group will have no statistically significant change or may actually decrease. We conducted a repeated measure ANOVA [...]

Applying Analytics to Revenue Cycle Management

By | 2018-03-29T20:18:11+00:00 October 14th, 2017|Categories: Healthcare Analytics, Revenue Cycle Analytics|

In an increasingly complex healthcare environment, physicians must base financial strategies on more than assumptions and anecdotes. They need analytics. We present a solid case for analytics. People often use limited information – what they think is true – to make management decisions. This approach can lead to three pitfalls: Failure to observe – assuming you know [...]

The Effect of Compound D-600

By | 2017-10-30T19:01:25+00:00 September 30th, 2017|Categories: Biostatistical Consulting|

We examined the effect of compound D-600 (methoxyverapamil) on gluconeogenesis. The hypothesis being tested was: H1: There is a significant effect of compound D-600 on gluconeogenesis. A regression analysis was conducted. In this study, the p value equals .000, which is smaller than .05 (α).  Thus, the study can conclude that there is a significant effect [...]

The Impact of Bank Size and Bank Age

By | 2017-10-30T19:03:27+00:00 August 28th, 2017|Categories: Statistical Consulting|Tags: , , |

We examined the impact of bank size and bank age on financial performance. The hypothesis being tested was: Hypothesis 1: There is a significant impact of bank size on financial performance. Hypothesis 2: There is a significant impact of bank age on financial performance. We conducted a multiple regression analysis to test the hypotheses. Bank [...]

The Strategic Management of Organizations

By | 2017-10-30T12:58:54+00:00 July 25th, 2017|Categories: Statistical Consulting|Tags: , , |

We measured the impact of managers’ transformational style of leadership and their transactional style of leadership on the strategic management of organizations. The hypotheses being tested were: H1. Managers’ transformational style of leadership significantly affects the strategic management of organizations. H2. Managers’ transactional style of leadership significantly affects the strategic management of organizations. We conducted [...]

Bending Stiffness and Bending Strength

By | 2017-10-30T18:47:33+00:00 June 28th, 2017|Categories: Biostatistical Consulting|

We measured the difference among the 2.0mm RP and 2.0mm SP in bending stiffness, bending strength, and bending structural stiffness. The hypothesis being tested was: H1: There is a significant difference among the 2.0mm RP and 2.0mm SP in bending stiffness, bending strength, and bending structural stiffness. We conducted ANOVA to test the hypothesis for this study.  The [...]

Snoring Can Be Reduced with the Use of Snorefix

By | 2017-10-30T13:01:38+00:00 May 24th, 2017|Categories: Biostatistical Consulting|

The purpose of this study was to examine if snoring can be reduced with the use of Snorefix more than with placebo alone. Snoring noise is a symptom of upper airway resistance syndrome. The hypothesis being tested was: H1. Snoring can be reduced with the use of Snorefix more than with placebo alone. We performed ANOVA. [...]

Allergic and Non-allergic Patients

By | 2017-10-30T13:06:45+00:00 April 30th, 2017|Categories: Biostatistical Consulting|

The purpose of the study was to measure if there are significantly different responses to treatments between Allergic and Non-allergic patients. We performed an independent t-test. The analysis yields significance at the .05 level (p=.002). Thus, we can conclude that there are significantly different responses to treatments between Allergic and Non-allergic patients. [...]

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This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.