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IHS Disease Prevention Microsimulation Model Technical Document
IHS Healthcare Demand Microsimulation Model Technical Document
Our Healthcare Demand Microsimulation Model can be formulated to model disease burden, estimate future chronic diseases, and predict workforce/product/service demand and medical costs
Benefit: Substantiate strategic plans
Market Planning and Scenario Analysis
Tools to size markets, quantify key drivers, benchmark performance and “wind tunnel” test multiple strategies under alternative outlooks
Benefit: Maximize your return on sales and marketing investments
Regulatory Impact Analysis
Benefit: Quantify the impact of new regulation on product sales, company performance and investment profitability, including acquisitions
|I need to anticipate future demand for specialists in my care centers.||Use microsimulation modeling to pinpoint future needs and requirements for medical staffing.|
|I need customized market analysis to predict potential for my therapeutic solution.||Maximize revenue with a microsimulation model, down to the US county level.|
The evolution of insulin has undergone a tremendous change, from multiple injections routines to continuous subcutaneous insulin infusion through pumps. Pharmaceutical companies have been very active in inventing better methods of drug delivery, reducing the overall dose frequency and launching re-usable delivery systems. Unfortunately, two of the most powerful practices aren’t widely used: making lifestyle changes and adhering to regimens that regulate blood-sugar levels. These behaviors lower health costs and extend quality of life for diabetes patients, but patient buy-in has remained low on both.
Click sections below to explore current trends.
A top manufacturer of medical supplies reduced commodity costs by millions of dollars within 18-20 months and enabled its team to negotiate better rates – e.g., pushing back on 6 commodity cost increases in 8 months due to more accurate pricing data. Enabling tighter forecasts and improving workflows helps the company serve consumers more effectively.
One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.Learn More About Our Customers Success
A global insurance industry leader brought efficiency to risk selection by standardizing with one information provider across all underwriting decisions. This firm thereby reduced research costs by 20%, established a ‘center of excellence’ internally and fueled growth by gaining insights to write risk in areas where others held back.
Listen to Ian Mitchell, Senior Innovation Consultant for IHS Product Design, explain how a global life sciences manufacturer recovered legacy data to secure internal knowledge and competitive intelligence using IHS software across its entire organization. From researchers, scientists and engineers, company leaders have new expanded power to work with both a range of internal content - shared drives and SharePoint document management systems but also external content that IHS provides.View Video
Total eclipse of the art of IRP? https://t.co/ZzQGCF0irx
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What next for US healthcare reform as Senate fails to pass ACA repeal bill? https://t.co/vwsOgEXZ1H
IRP is dead, long live IRP https://t.co/1kqtGCiLQO
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