Using the materials available at the book’s companion website, investigate and summarize commercially available software solutions for healthcare organizations. Using the forecasting template found on the companion website, forecast total US healthcare expenditures for 2017 with SMA, WMA, SES, trend-adjusted exponential smoothing, and linear trend models
a. Which model do you believe offers the best forecast?
b. Do you see any problems with your model?
c. Repeat this exercise for hospital care, physician services, other professional services, dental services, home health care, and prescription drugs. According to your findings, do any one of these areas drive the in crease in healthcare expense?