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The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results

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In most emergency departments, beds are a hot commodity. But some patients don’t actually need a bed for their treatment – and accurately identifying those people is a low-lift but effective way to increase efficiency without sacrificing care quality, finds a study recently published in the journal Management Science.

The researchers developed a simple decision tree, informed by mathematical and machine learning models, to help staff decide whether a patient truly needs a bed or can be routed to a “vertical processing pathway” – that is, an area where they can be treated sitting up. Many hospitals already have such an area but don’t necessarily have a systematic way to decide which patients are treated there.

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It is a classroom with white walls and a chalkboard. Children sit at desks. A child with a green shirt and dark hair raises her hand.
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Diversity alone won’t get the votes for funding public education. It takes communities that are more integrated and connected, where residents have a sense of shared stake.

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Resoundingly Human Podcast

An audio journey of how data and analytics save lives, save money and solve problems.

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CEOs who appear on CNBC can see their pay rise over $200,000 per year

CEOs who appear on CNBC can see their pay rise over $200,000 per year

Knowridge Science Report, June 13, 2017

New research that examined 4,452 CEOs from 2,666 U.S. firms, as well as 104,129 news articles and 6,567 CNBC interviews, found that CEOs who appeared in CNBC interviews could expect their compensation to increase by $210,239 on average, notwithstanding firm performance and other mitigating factors. The study, “The Relationship between CEO Media Appearances and Compensation,” will be published in the upcoming volume of the INFORMS journal Organization Science.

More senior living communities are following in the footsteps of Edelman Award winning Holiday Retirement

More senior living communities are following in the footsteps of Edelman Award winning Holiday Retirement

McKnight's Senior Living, June 12, 2017

The country's largest senior living operator, Brookdale, is following in the footsteps of the country's largest independent living operator, Holiday Retirement, by rolling out a new pricing model that can tailor rent levels to individual communities and units within them. It's the same pricing system for which Holiday Retirement and Prorize received the 2017 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in April from INFORMS, an international association for operations research and analytics professionals.

5 Lessons to Learn from a Disney Research Scientist

5 Lessons to Learn from a Disney Research Scientist

Direct Marketing News, May 16, 2017

The magic of Disney may be partially attributed to Tinker Bell's sprinkling of faith, trust, and pixie dust, but it can also be chalked up to the company's reliance on data and research. Maarten Bos, a research scientist for Disney Research, and speaker at the recent 2017 INFORMS Business Analytics Conference, is one of the people who makes this kind of magic (or as the organization calls it, the "science behind the magic") happen.

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