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A significant event audit (SEA), also known as significant event analysis, is a method of formally assessing significant events, particularly in primary care in the UK, with a view to improving patient care and services. To be effective, the SEA frequently seeks contributions from all members of the healthcare team and involves a subsequent ...
The most common model for normal returns is the 'market model' (MacKinlay 1997). Following this model, the analysis implies to use an estimation window (typically sized 120 days) prior to the event to derive the typical relationship between the firm's stock and a reference index through a regression analysis. Based on the regression ...
Complex event processing (CEP) consists of a set of concepts and techniques developed in the early 1990s for processing real-time events and extracting information from event streams as they arrive. The goal of complex event processing is to identify meaningful events (such as opportunities or threats) [ 2 ] in real-time situations and respond ...
Sentinel events can be caused by major mistakes and negligence on the part of a healthcare provider, and are closely investigated by healthcare regulatory authorities. Sentinel events are identified under The Joint Commission (TJC) accreditation policies to help aid in root cause analysis and to assist in development of preventive measures. The ...
By using event chain diagrams to visualize events and event chains, the modeling and analysis of risks and uncertainties can be significantly simplified. Example of event chain diagram with critical event chain and activity triggered by event. Another tool that can be used to simplify the definition of events is a state table.
Performing a probabilistic risk assessment starts with a set of initiating events that change the state or configuration of the system. [3] An initiating event is an event that starts a reaction, such as the way a spark (initiating event) can start a fire that could lead to other events (intermediate events) such as a tree burning down, and then finally an outcome, for example, the burnt tree ...
Event aggregation is a technique where multiple events that are very similar (but not necessarily identical) are combined into an aggregate that represents the underlying event data. Its main objective is to summarize a collection of input events into a smaller collection that can be processed using various analytics methods.
The central purpose of event chain diagrams is not to show all possible individual events. Rather, event chain diagrams can be used to understand the relationship between events. Therefore, it is recommended the event chain diagrams be used only for the most significant events during the event identification and analysis stage.