What is it about?
Most acute activity occurs on a week day as do the majority of emergency discharges (admissions are counted at discharge date). Adjusting past monthly activity for work days allows an estimate of the likely activity profile in the current year. Using multiple years allows an estimate of the likely variation in the forecast for this year
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Why is it important?
Financial and activity forecasts are an important part of mid-year forecasting.
Perspectives
Part of a series investigating forecasting hospital activity, see http://www.hcaf.biz/2010/Publications_Full.pdf
Dr Rodney P Jones
Healthcare Analysis & Forecasting
Read the Original
This page is a summary of: Forecasting year-end activity, British Journal of Healthcare Management, July 2010, Mark Allen Group,
DOI: 10.12968/bjhc.2010.16.7.48985.
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