MEDSTAT Market Expert

Provides health care professionals the data and information needed to succeed in today's competitive environment.

The MEDSTAT Market Expert is an Internet-based tool that provides market insight for strategic business planning, marketing, and managing the delivery of care. Market Expert is the next generation of the long-standing FACETS line of products offered through HANYS Solutions, Inc.

Market Expert reveals trends in crucial market indicators including demographics, health care purchasing patterns, disease prevalence, health status, and competitive strengths and weaknesses. Market Expert provides a foundation of strategic information, helps shorten the time between decision-making and implementation, and reduces financial risk.

The MEDSTAT Market Expert has Microsoft Access and Microsoft Excel user interfaces. Features include:

mapping;
custom queries and reporting;
charting;
data export;
keyword index; and
unlimited technical support.

Its Internet platform enables you to obtain valuable intelligence instantly and its functional features deliver information in a familiar format and allow you to customize data to meet your business needs.

The basic MEDSTAT Market Expert package includes:

Market Expert State Data Analyst
Provides patient-level analyses of hospital- and market-specific inpatient and ambulatory surgery utilization as reported by New York's Statewide Planning and Research Cooperative System (SPARCS).
Market Expert Demographics Expert
Provides precise demographic information to help you understand and plan for the populations you serve.

Demographics Expert enhances your population planning through:

Precision Forecasting Neighborhood Level Analysis.
Accuracy through annual census updates that make this the most accurate population forecasting tool available.

Demographics Expert incorporates data from Claritas Corp., the leading provider of updated demographic information used by health care professionals, allowing you to view current, historical, and projected household and population counts and growth.

Market Expert Outpatient Forecaster

Lets you easily analyze and estimate market volumes using age-specific rates applied to the age-specific demographics of your area.

Incorporates outpatient rates derived from analyzing more than 100 million records from:

The MEDSTAT's MarketScan database;
Centers for Medicare and Medicaid Services standard analytical files; and
National Center for Health Statistics surveys:

Outpatient Forecaster enables you to examine ambulatory clinical information at a detailed level, quantify ambulatory services demand now and in the future, and determine the best locations for outpatient services-using your own custom geography defined by census tract, postal zip code or county.

Value-Added Solutions

You can add components to Market Expert to obtain greater levels of decision support. These include:

community analysis;
demand analysis;
network management; and
health status analysis.

Financial Analysis

By adding this supplemental database to the Market Expert State Data Analyst you can:

compare your costs of providing services with those of your competitors;
understand competitive strengths and weaknesses; and
analyze and compare inpatient costs by facility, product line, Diagnostic Related Group, and physician.

About MEDSTAT

MEDSTAT is a health information company that provides decision support systems, market intelligence, benchmark databases, and research for managing the purchase, administration, and delivery of health services and benefits. MEDSTAT is part of The Thomson Corporation, a global leader in providing integrated information solutions to business and professional customers.

Market Expert is a registered trademark of MEDSTAT.
MarketScan is a registered trademark of MEDSTAT Group, Inc..