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

e 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.


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

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