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Partnership Opportunities for Business Management Consultants

by Econometrica, Inc. | Jul 10, 2024 | Econometrica Blog

Partner with Econometrica

As a large business management consultant, your company may want a reliable small business partner to focus on a specialized industry sector. Alternatively, you may need a customized program for data analysis. It may be especially difficult to know where to start if you are a local government agency, nonprofit, or small business tasked with grant and policy obligations.

In our 25 years of helping organizations understand and manage policies and procedures, Econometrica has serviced more than 250 federal contracts. Our team features 90 data analysis experts and specialists in a wide range of industries, including:

- Health
- Housing
- Communications
- Finance
- Homeland security
- Maritime and water resources
- Energy
- Grants management

Econometrica’s Program Evaluation Informs Policy and Impacts Lives

Program evaluation is a powerful management and policy-making tool. It provides critical information beyond whether a program achieved its intended outcome, offering a deeper understanding of how and why the program works. This valuable insight is essential to enhancing results, avoiding unwanted consequences, and replicating the program in new places.

Program evaluation can also impact lives in important ways. It can help improve access to healthcare for culturally diverse groups; make healthcare surveys easier for seniors to complete; and enhance how the Federal Government administers emergency management funding.

To realize its potential, however, a program evaluation must be made to fit the situation. It must deploy measurement and analysis tailored to the unique on-the-ground features of both the program and its field of impact. The resulting information then needs to be intentionally woven into the program’s decision-making structure. Over decades of practice, Econometrica has developed an innovative mixed-methods approach to evaluation that ensures the relevance, quality, and utility of each of our evaluation efforts.

Econometrica is a qualified and experienced program evaluator for government agencies, businesses, and nonprofits. We offer qualitative and quantitative data analyses with expert review and consensus that are smartly packaged and clearly reported. The result is insight and action.

To interpret how and why programs succeed or fail, our mixed-methods approach combines five technical fields: mathematics, statistics, simulation, economic decision theory, and advanced communication processes. We interview a program’s stakeholders and participants, document the program as operated, gather defining data, analyze for findings and insight, and support effective user review and response. Our evaluation digs deeper and produces more, providing insight into how best to administer and adjust policies and programs to benefit the people and organizations affected by them.

Experts in Deep Program Evaluation: Why Choose Us?

From large federal contracts to individual grant assignments, leading organizations consistently turn to us to deliver high-quality program evaluations. As one notable example, the Centers for Medicare & Medicaid Services (CMS) has named us an approved CMS contractor for the Research, Measurement, Assessment, Design, and Analysis (RMADA) 2. This indefinite delivery, indefinite quantity (IDIQ) contract covers program monitoring and evaluation; data collection, analysis, and reporting; and system development and implementation.

Our clients consistently turn to us for their program evaluation needs because of the unique array of skills and experience we offer, which includes:

- Innovative solutions for complex cases: We customize the quantitative and qualitative analysis in our mixed-methods evaluation to meet the needs of your organization.
- Industry experience and technical capabilities: Our highly trained team understands the policies and objectives that are crucial to the federal, state, local, nonprofit, and private sectors.
- Creative presentations: We deliver clear, concise, and complete reports that are easy to understand.
- Access to experts: Our friendly, approachable experts provide feedback throughout the project.
- Flexibility: We can conduct in-person program evaluation throughout the United States. We handle projects from large to small and adjust workflow to meet your project timeline.

Unique Challenges, Trusted Results in Many Settings

Program evaluation is not just about the numbers. Our comprehensive program evaluations are built to meet the depth and scale of each assignment so that when we evaluate a program, our client receives valuable feedback that can inform policy and affect lives.

Econometrica’s recent success stories show the scale, range, and diversity of our work:

- Large-scale national programs: We evaluated Federal Emergency Management Agency (FEMA) grant programs that deliver more than $1.3 billion in annual funding across the United States, providing FEMA with new insights into program effectiveness and performance.
- Rapid response to decision maker needs: Our support of the feasibility evaluation for the Agency for Healthcare Research and Quality supplied actionable recommendations to help the public accurately respond to the Medical Expenditure Panel Survey, providing policymakers with rich new data.
- Innovative solutions to challenging measurement and analysis situations: While providing technical assistance to the Indian Health Service, we evaluated programs within the Tribal Injury Prevention Cooperative Agreement Program, including developing a novel online reporting system to collect standardized data across multiple sites. Our evaluation insights helped ensure that American Indian and Alaska Native people have access to comprehensive, culturally acceptable, and personal injury prevention health services.

Need Program Evaluation? Contact Us.

Our experts are here to help you. For a quick, direct response, visit us online and email a member of our executive staff in your preferred specialty.

ECONOMETRICA BLOG

Broad Pragmatic Studies (Standing PFA) Applicant Town Hall PCORI Funding Announcement, Cycle 1 2024

by Econometrica, Inc. | Jan 26, 2024 | Econometrica Blog

The Patient-Centered Outcomes Research Institute (PCORI) held a town hall on January 24, 2024, to announce a call for letters of intent in PCORI’s “Broad Pragmatic Studies” program. The PCORI Funding Announcement (PFA) invites applications for high-quality comparative clinical effectiveness research projects. The purpose of the town hall was to provide an overview and information applicants may need to submit a responsive application and to address questions.

All applications must align the proposed research with at least one of the five National Priorities for Health described in the PFA. In addition, the applicant is encouraged to select one or more Topic Themes.

The Five National Priorities are:

Increase evidence for existing interventions and emerging innovation in health.
Enhance infrastructure to accelerate patient-centered outcomes research.
Advance the science of dissemination, implementation, and health communication.
Achieve health equity.
Accelerate progress toward an integrated learning health system.

These priorities are discussed in detail in the webinar together with research examples.

Special Areas of Interest

Applicants are also encouraged, but not required, to submit research projects that address PCORI’s Special Areas of Emphasis (SAEs), which can fall under any of the five national priorities:

Long COVID
Goals include testing the effectiveness of clinical interventions and health system strategies. Clinical outcomes must be included as part of the research.
Social Needs/Social Determinants of Health
Examples include food insecurity, food as medicine, transportation, and housing security/stability. A plan for the sustainability of the intervention is required as well as measures of the impact of the intervention.
Post-Traumatic Stress Disorder
The goal of this SAE is to compare treatment strategies for children, youth, Veterans, and civilian adults. Studies should compare interventions and enhance delivery of care outside of traditional mental health care settings.

Research designs of interest to PCORI include random control trials, well-designed observational studies, hybrid designs, and natural experiments.

Deadlines

Letter of Intent Deadline: February 6, 2024, by 5pm (ET)

Letter of Intent Status Notification: March 5, 2024

Application Deadline: May 7, 2024, by 5pm (ET)

Slides and the recorded presentation will be available shortly.

Work With Us, Work for Us

Econometrica specializes in research and management across numerous industries in both the public and private sectors. We are always looking to hire the best and brightest in data science, health, grants management, energy, homeland security, housing and community development, capital markets and finance, and transportation. We work as the lead service provider and also as a capable outsource partner to other consultancies. To work with us on your next project, visit us online and email a member of our executive staff in your preferred specialty. To explore the benefits of working for us, visit our careers page.

ECONOMETRICA BLOG

Econometrica Selected by AHRQ to Support PBRN Initiative

by Econometrica, Inc. | Dec 19, 2023 | Press Release

Econometrica Selected by AHRQ to Support PBRM Initiative

The Agency for Healthcare Research and Quality (AHRQ) has awarded Econometrica a $1.2 million contract to support Primary Care Practice-Based Research Networks (PBRNs), an initiative led by AHRQ’s National Center for Excellence in Primary Care Research (NCEPCR). The Econometrica team, which includes Mathematica, will support AHRQ to develop and hold technical expert panel meetings to identify areas of need for PBRNs, update and automate the PBRN registry, develop and deliver webinars, and write a report and manuscript to summarize PBRN research and resources.

About PBRN and AHRQ

PBRNs draw upon the experience and insight of practicing clinicians to identity and frame research questions whose answers can improve the practice of primary care, producing research findings that are immediately relevant to the clinicians and, in theory, more easily assimilated into everyday practice. This contract supports AHRQ’s PBRN initiative that was initially developed in 2010 to improve the health of all Americans and encourage clinicians’ engagement in quality improvement activities.

For more information: https://www.ahrq.gov/ncepcr/communities/pbrn/index.html

Work With Us, Work for Us

Alzheimer’s Awareness Month

by Econometrica, Inc. | Nov 9, 2023 | Econometrica Blog

Dementia is one of the most serious health and social care issues of our day. Approximately 50 million people around the world are living with dementia, and more than 6 million Americans have Alzheimer’s.^[1] Alzheimer’s is the most common cause of dementia among older adults and is currently ranked as the seventh leading cause of death in the United States.^[2] One in three seniors dies with Alzheimer’s or another dementia.^[3]As the world’s population ages, the serious implications of Alzheimer’s and other dementias on services and health systems will continue to grow. In fact, deaths from Alzheimer’s have more than doubled from 2000 to 2019,^[4] and the number of people globally who have dementia is expected to triple by 2050.^[5]

The Effects of Alzheimer’s and Dementia

The effects of Alzheimer’s and dementia are not limited to people living with these conditions; the demands of caring for a person with Alzheimer’s or dementia can significantly impact one’s physical and emotional wellbeing.^[6] In the United States, more than 11 million people provide unpaid care for loved ones with Alzheimer’s or other dementias.^[7] A strong support network and respite care may help caregivers cope with stress of caring for a loved one with dementia.^[8]

Dementia also deals a significant blow to people’s financial wellbeing. In 2023, Alzheimer’s and other dementias will cost the United States $345 billion, and this number is projected to rise to nearly $1 trillion in 2050.^[9]

“Never too Early, Never too Late.”

World Alzheimer’s Month gives a voice to people living with Alzheimer’s and dementia and their caregivers and family.^[10] This year’s theme is “Never too early never too late.”^[11] The hope is to raise awareness about the importance of identifying risk factors early on and what can be done to mitigate them.^[12] Although scientists do not know what causes Alzheimer’s disease, they believe it could involve age-related changes in the brain, as well as genetic, environmental, and lifestyle factors.^[13] Because a nutritious diet, physical activity, social engagement, and mental stimulation have been associated with healthy aging, some scientists believe they might also help reduce the risk of cognitive decline.^[14]

Econometrica’s Expertise

Econometrica’s experts have worked with Federal agencies, subject matter experts, and stakeholders on projects that support inclusive care for the elderly, falls prevention, prevention of chronic diseases, and Medication therapy management, as well as training to improve the outcomes of care and continuing medical education on topics such as age-friendly health systems and delirium in the elderly. We recognize that older persons are at higher risk of Alzheimer’s and other forms of dementia, and we coordinate with agencies and funders to look for ways to support persons with elevated needs.

Resources:

^[1] https://act.alz.org/site/SPageServer?pagename=walk_about_alzheimers
^[2] https://www.nia.nih.gov/health/alzheimers-disease-fact-sheet
^[3] https://act.alz.org/site/SPageServer?pagename=walk_about_alzheimers
^[4] Ibid.
^[5] https://www.alzint.org/get-involved/world-alzheimers-month/never-too-early-never-too-late/
^[6] https://www.nia.nih.gov/health/alzheimers-disease-fact-sheet
^[7] https://act.alz.org/site/SPageServer?pagename=walk_about_alzheimers
^[8] https://www.nia.nih.gov/health/alzheimers-disease-fact-sheet
^[9] https://act.alz.org/site/SPageServer?pagename=walk_about_alzheimers
^[10] https://www.alzint.org/get-involved/world-alzheimers-month/frequently-asked-questions/
^[11] https://www.alzint.org/get-involved/world-alzheimers-month/never-too-early-never-too-late/
^[12] Ibid.
^[13] https://www.nia.nih.gov/health/alzheimers-disease-fact-sheet
^[14] Ibid.