METHODS FOR RISK-ADJUSTED PERFORMANCE ANALYSIS

摘要

The present invention provides systems and methods for risk-adjusted performance analysis for a specific healthcare test, market or opportunity by evaluating patient outcomes against a real-time benchmark portfolio of patient outcomes. The risk-adjusted performance measures are based on financial methods such as CAPM, single-index model and arbitrage pricing theory methods. In place of examining the financial returns for a portfolio of companies against a financial benchmark, the outcomes for a patient or a portfolio of patients is compared to a benchmark portfolio of patient outcomes. The risk-adjusted performance measures including the Sharpe's measure, Treynor's measure, Jensen's measure and similar analysis tools are then used to compare different healthcare groups. The method has utility in many areas of healthcare including management of healthcare facilities, providing insurance reimbursement to a healthcare facility (e.g., "pay-for-performance"), making investment decisions in the healthcare marketplace and developing dynamic prognostic dynamic medical tests.