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The Healthcare Effectiveness Data and Information Set (HEDIS) is a widely used set of performance measures in the managed care industry, developed and maintained by the National Committee for Quality Assurance (NCQA). HEDIS was designed to allow consumers to compare health plan performance to other plans and to national or regional benchmarks.
The SCOR model describes the business activities associated with satisfying a customer's demand, which include plan, source, make, deliver, return, and enable. Use of the model includes analyzing the current state of a company's processes and goals, quantifying operational performance, and comparing company performance to benchmark data.
However, demand forecasting is known to be a challenging task for businesses due to the intricacies of analysis, specifically quantitative analysis. [4] Nevertheless, understanding customer needs is an indispensable part of any industry in order for business activities to be implemented efficiently and more appropriately respond to market needs.
The demand "forecast" is the result of planned marketing efforts. Those planned efforts, not only should focus on stimulating demand, more importantly influencing demand so that a business's objectives are achieved. The components of effective demand management, identified by George Palmatier and Colleen Crum, are: 1. planning demand; 2.
Customer demand planning aims at matching customer supply planning logic and implies CPFR type collaboration. Aspects of demand management include customer experience, demand creation, inventory and pricing optimization, channel management, sourcing, transportation optimization and advanced practices in technology. [2]
Health data is any data "related to health conditions, reproductive outcomes, causes of death, and quality of life" [1] for an individual or population. Health data includes clinical metrics along with environmental, socioeconomic, and behavioral information pertinent to health and wellness.
Image source: The Motley Fool. Philip Morris International (NYSE: PM) Q4 2024 Earnings Call Feb 06, 2025, 9:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
This article includes 2 lists of countries of the world and their total expenditure on health as a percent of national gross domestic product (GDP). GDP is a measure of the total economy of a nation. Total expenditure includes both public and private health expenditures. See also: List of countries by total health expenditure per capita.