Hospitals need funds in order to maintain operations and provide healthcare. In 2015, $3.2 trillion was spent on healthcare. This was divided between Medicare (20%), Medicaid (17%), private insurance (33%) and out of pocket (11%). Medicare, the single-payer, national social insurance program that provides provides health insurance for Americans aged 65 and older who have […]Read more "What is the role of philanthropy in healthcare?"
Developing a Model Using Non-Linear Regression Now that we have found a power function through the manual conversion of a linear regression, let’s try to create a non-linear regression that fits the data points most closely. Similar to before we will be solving for a power function. We will start with the formula M = […]Read more "What is Allometry? continued…"
Developing a Model Using Linear Regression The natural world is full of patterns. They are everywhere, from the molecular structure of a drop of water to the lung capacity of a chain-smoking monkey. By using proportionality we are able to develop models that examine and express relationships between things. Biology often creates models to imitate […]Read more "What is Allometry?"
The example of childbirth, which is a very common procedure, can be used as a comparison tool of the different healthcare systems. Truvian Analytics did a study and found that in the U.S. the average cost of a vaginal birth was $30,000 and a caesarean section comes in at $50,000. The average cost to deliver […]Read more "Why do Americans pay more for healthcare than the English?"
I wanted to start a blog as a way to organize and consolidate information and methods pertaining to a diverse array of topics. Topics including, economics, politics, history, analytics and sports. I hope to remain consistent in using data when making an argument or explaining a method.Read more "First blog post"