Projects: Healthcare Management Analytics Lab

Operating rooms (ORs) represent a substantial share of hospital care services and generate an estimated 40% of hospital revenue. The number and type of surgical cases performed in ORs have an important bearing on hospital profitability as healthcare professionals face increasing complexities in striking the balance of financial contributions of procedures, surgeon specialties, bed availability, etc. Based on a real-­‐world data set with thousands of vascular surgery cases from a major hospital, this project aims to identify the most profitable procedures, benchmark physician expertise, calibrate the conversion rate from clinics to surgeries, and propose improved case mixes that increase hospital profitability while aligning physicians’ individual incentives and best serving the medical needs of patients. In this project, you will develop a strategic analysis for how a medical service line (in this case, vascular surgery) can make best use of limited resources, making recommendations for how to best reconfigure and grow the practice.