Choice of a Short-term Prediction Model for Patient Discharge Before Noon: A Walk-Through of ARIMA Model

The objective is to find an appropriate autoregressive integrated moving average (ARIMA) model for forecasting the rate of patients out by noon based on the lowest error in a statistical forecast by applying the mean absolute percentage error. The results obtained demonstrate that a nonseasonal ARIMA model classified as ARIMA(2,1,1) offers a good fit to actual discharge-before-noon data and proposes hospital leaders short-term prediction that could facilitate decision-making process, which is important in an uncertain health care system environment.
Source: The Health Care Manager - Category: Health Management Tags: Article Source Type: research