Navigation Links
Mayo Clinic named 2014 INFORMS Prize winner
Date:4/1/2014

The Institute for Operations Research and the Management Sciences (INFORMS) today announced the award of its annual INFORMS Prize to Mayo Clinic, the innovative healthcare organization that has used analytics throughout its organization to provide economical, quality services in an era of ballooning medical costs.

The ceremony took place yesterday at the 2014 INFORMS Conference on Business Analytics and Operations Research at the Westin Boston Waterfront.

"Operations research is deeply rooted in Mayo Clinic's culture," says Mayo Clinic President & CEO John Noseworthy, M.D. "These disciplines help us improve patient outcomes and experience while controlling rising health care costs, one of the biggest financial challenges facing our country today."

INFORMS, a professional society for specialists in operations research and analytics, recognizes just one outstanding organization with this prize every year. By awarding the 2014 INFORMS Prize to the Mayo Clinic, INFORMS brings awareness to the outstanding, system-wide use of analytics and operations research (O.R.) in every facet of the healthcare organization.

Mayo Clinic's century-long history of using systems thinking, analytics and O.R. traces its roots back to Dr. Henry Plummer, who developed the first integrated, paper medical record as a platform to organize and share patient information within a group practice of medicine. This served as the foundation of Mayo Clinic's culture of applying engineering and O.R. principles.

Mayo Clinic continues to make significant investments to ensure a sophisticated advanced analytics and O.R. infrastructure. With more than 500 practitioners of O.R. and analytics, Mayo Clinic is able to continually leverage analytical methods to enhance strategic planning, care process redesign, patient experience, inventory management, and project management leading to important patient benefits as well as financial savings.

Examples include optimization models for patient scheduling; queuing theory for effectively transporting patient; systems dynamics for strategic capital allocation planning; simulation modeling to redesign pharmacies that reduce patient waiting; and discrete event simulation models for blood management.

In addition to applying advanced analytics and O.R. to its business, Mayo Clinic has made significant strides to educate staff and disseminate what they've learned.

Mayo Clinic's leadership recognizes analytics and engineering as key contributors to the organization's sustained excellence, market differentiation, and superior customer experience. Looking to the future, senior leaders consider these disciplines to be vital in addressing the formidable challenges in healthcare today and tomorrow.

The Institute for Operations Research and the Management Sciences annually awards the INFORMS Prize for effective integration of operations research into organizational decision making. The award is given to an organization like the Mayo Clinic that has repeatedly applied the principles of O.R. in pioneering, varied, novel, and lasting ways.

Past recipients of the award include Intel, UPS, HP, IBM, Ford, Procter & Gamble, and GE Research.


'/>"/>

Contact: Barry List
barry.list@informs.org
443-794-5182
Institute for Operations Research and the Management Sciences
Source:Eurekalert

Related medicine news :

1. Cleveland Clinic study shows bariatric surgery provides long-term control of diabetes
2. HPV eradicated by AHCC supplement, preclinical study suggests
3. Miriam Hospital receives renewal of NIH grant for AIDS Clinical Trials Group
4. Kessler Foundation MS scientist awarded Patterson Trust Award in Clinical Research
5. Multidisciplinary research team led by Tufts CTSI proposes new model for clinical trials
6. Clinical trial identifies women most likely to benefit from vaginal mesh surgery
7. Myriad publishes clinical utility study for Prolaris
8. UNC receives more than $40 for global clinical trials unit to treat and prevent HIV
9. Mayo Clinic discovers African-Americans respond better to rubella vaccine
10. Clinical opinion published on use of maternal oxygen during labor
11. REACT clinical trial supports new approach of accelerated treatment for Crohns disease
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... ... Kasmer, a legally blind and certified personal trainer is helping to develop a weight loss ... plans to fix the two major problems leading the fitness industry today:, ... , They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on June 21 due ... up a new, often overlooked aspect of head lice: the parasite’s ability to live away ... a common occurrence, but a necessary one in the event that lice have simply gotten ...
(Date:6/25/2016)... ... June 25, 2016 , ... ... non-athletes recover from injury. Recently, he has implemented orthobiologic procedures as a method ... —Johnson is one of the first doctors to perform the treatment. Orthobiologics are ...
(Date:6/24/2016)... ... 2016 , ... Those who have experienced traumatic events may suffer from a ... such as drug or alcohol abuse, as a coping mechanism. To avoid this pain ... following a traumatic event. , Trauma sufferers tend to feel a range of emotions, ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Global law firm ... 2016 Legal Elite. The attorneys chosen by their peers for this recognition are considered ... Seven Greenberg Traurig Shareholders received special honors as members of this year’s Legal Elite ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a ... second affiliate in Latin America . ... ... ... ...
(Date:6/23/2016)... N.J. , June 23, 2016  Guerbet announced ... Premier Inc.,s Supplier Horizon Award . ... year, Guerbet was recognized for its support of Premier ... creation through clinical excellence, and commitment to lower costs. ... to receive this recognition of our outstanding customer service ...
(Date:6/23/2016)... , June 23, 2016 ... "Surgical Procedure Volumes: Global Analysis (United States, China, ... Canada)" report to their offering. ... essential tool for healthcare business planners, provides surgical procedure ... at surgery trends with an in-depth analysis of growth ...
Breaking Medicine Technology: