Econometrica Wins Option Year 2 of USDA Foods Trend Analysis Project

Econometrica Wins Option Year 2 of USDA Foods Trend Analysis Project

The Econometrica Team closes out a successful first option year and looks ahead to another exciting year.

Bethesda, MD, October 2018

The U.S. Department of Agriculture (USDA), Food and Nutrition Service (FNS), has awarded the Econometrica Team a second option year on the USDA Foods Trend Analysis project that will run through September 2019. This study examines the types and amounts of food ordered through USDA Foods and USDA U.S. Department of Defense Fresh Fruit and Vegetable Program (USDA DoD Fresh) under the National School Lunch Program.

During the first option year, the Econometrica Team conducted comprehensive descriptive analyses of the types of products ordered and order patterns through USDA Foods and USDA DoD Fresh at the national and State levels for school years (SYs) 2014–2015, 2015–2016, and 2016–2017. This work involved cleaning and assembling program administrative data, conducting analysis using SAS and Tableau, and producing a report on the findings. We developed infographics on ordering patterns for FNS program marketing and information dissemination purposes. In addition, the team developed an interactive Tableau-based dashboard for FNS and States to use in program monitoring. The dashboard contains detailed information on multiple data points that we analyzed over the course of this contract.

In the second option year, the project is expanding to include two additional years of order data (SYs 2013–2014 and 2017–2018). The project includes new analysis of USDA Foods processor inventory levels over the course of the school year to inform FNS about patterns in processor compliance with program inventory limits. We will also develop new infographics and update the Tableau dashboard with the new data. Congratulations to all on the win!

About Econometrica:
Founded in 1998, Econometrica is a research and management organization in Bethesda, MD, established to provide public- and private-sector clients with customized program support services. Econometrica works with multiple agencies to provide high-quality, cost-effective analyses, modeling, and economic evaluations. The company consistently receives exceptional scores from its clients and believes in three principles: technical capabilities, happy customers, and business development.

We developed infographics on ordering patterns for FNS program marketing and information dissemination purposes.

Media Contact

June Chang
(240) 395-2279

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Econometrica to Provide Research, Analytics, and Data Preparation Services to Support the Open Payments Program

Econometrica to Provide Research, Analytics, and Data Preparation Services to Support the Open Payments Program

Open Payments provides the public with information regarding the financial relationships between the healthcare industry, including pharmaceuticals, and healthcare providers.

Bethesda, MD, October 2018

Econometrica, Inc., was recently awarded a contract by the Centers for Medicare & Medicaid Services (CMS) to provide research, analytics, and data preparation services to support the Open Payments program.

Under this contract, Econometrica and its partner, Acumen, LLC, will prepare standing analytics and data products, analyze program compliance, and carry out ad hoc analyses and special studies as they arise.

“Our experts in data and analytics look forward to using their skills to support the Open Payments program, serving CMS and the public,” said Cyrus Baghelai, Econometrica’s President and CEO. “In the next few years, this program will likely expand exponentially. Econometrica looks forward to supporting CMS through this transition and to providing the public with more information about how healthcare providers are being compensated by the healthcare industry.”

To increase transparency, the Affordable Care Act mandated the Open Payments program to provide the public with information regarding the financial relationships between the healthcare industry—pharmaceutical and medical device manufacturers and distributors—and healthcare providers—physicians and teaching hospitals.

Open Payments requires applicable manufacturers and Group Purchasing Organizations (GPOs) to annually report payments and other transfers of value made to physicians and teaching hospitals. Certain information regarding the ownership or investment interests held by physicians or their immediate family members in applicable manufacturers and GPOs must also be reported. The Open Payments mandate requires CMS to compile the submitted data, check them for accuracy, and publish the data on a public website.

Increasing transparency helps improve the public’s trust in healthcare. Econometrica worked on many projects in the past with CMS, including the Development, Implementation, and Maintenance of Quality Measures for the Programs of All-Inclusive Care for the Elderly project and the Evaluation and Monitoring of the Bundled Payments for Care Improvement Model 1 Initiative. Econometrica is proud to continue working to impact the quality of care.

About Econometrica:
Founded in 1998, Econometrica is a research and management organization in Bethesda, MD, established to provide public- and private-sector clients with customized program support services. Econometrica works with multiple agencies to provide high-quality, cost-effective analyses, modeling, and economic evaluations. The company consistently receives exceptional scores from its clients and believes in three principles: technical capabilities, happy customers, and business development.

To increase transparency, the Affordable Care Act mandated the Open Payments program to provide the public with information regarding the financial relationships between the healthcare industry—pharmaceutical and medical device manufacturers and distributors—and healthcare providers—physicians and teaching hospitals.

Media Contact

June Chang
(240) 395-2279

You can also contact us by using our contact form.

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Econometrica to Support HUD’s Grantees

Econometrica, Inc., was recently awarded two cooperative agreements by the U.S. Department of Housing and Urban Development (HUD) to fund technical assistance activities assigned by HUD. Econometrica, with a team of expert partners, responded to HUD’s Notice of Funding Availability (NOFA) for fiscal year 2017.

Econometrica Collects In-Kind Donations for HOPE4All

Econometrica Collects In-Kind Donations for HOPE4All

Donations supported our unhoused and unemployed neighbors in their quest for housing or employment

Helping those in need is always a worthwhile cause. As part of its corporate social responsibility mission, Econometrica, Inc., takes this responsibility seriously.

Last month, employees filled two large boxes with household cleaning items, toiletries, and housewares for HOPE4All, which supports unhoused and unemployed people in their quest for housing and employment. The goal of this social impact cause was to provide the necessities to make the four walls into a home.

“We’re thrilled we can make small contributions each month to different nonprofits and charitable organizations,” Econometrica President/CEO Cyrus Baghelai said. “Moving into a new house or job can be a daunting experience and our donations are a small gesture of goodwill.”

HOPE4ALL, which is a ministry of Mount Vernon Place United Methodist Church, stands for Housing Opportunities and Permanent Employment for All. It works directly with people who are homeless and/or unemployed to support them on their journey to meet their goals for employment, health, and housing. Many of the items will go directly to the four HOPE4All participants who recently moved into their own apartments in Washington, DC.

About Econometrica:
Founded in 1998, Econometrica is a research and management organization in Bethesda, MD, established to provide public- and private-sector clients with customized program support services. Econometrica works with multiple agencies to provide high-quality, cost-effective analyses, modeling, and economic evaluations. The company consistently receives exceptional scores from its clients and believes in three principles: technical capabilities, happy customers, and business development.

Have a social impact cause?

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Econometrica to present and exhibit at NAHRO’s 2018 National Conference & Exhibition

Econometrica to present and exhibit at NAHRO’s 2018 National Conference & Exhibition

Econometrica, BRicK Partners, LLC and the Winnebago County Housing Authority present about regional housing initiatives.

Bethesda, MD, October 2018

For the third consecutive year, Econometrica will be exhibiting at the National Association of Housing and Redevelopment Officials (NAHRO) National Conference & Exhibition from October 25 to 27 in Atlanta, GA. This year we are especially excited to be presenting as well as exhibiting at a booth! Our Senior Project Manager, Margaret McGilvray, along with Samantha DeKovan, Senior Project Manager at BRicK Partners, and Alan Zais, Executive Director of Winnebago and Boone county housing authorities, will present, “The Regional Housing Initiative: Creating Mobility, Opportunity and Affordable Housing Development” on October 25 from 3:30 p.m. to 5 p.m.

Here is a short description of the session from the NAHRO website:
“This session will highlight details around the formation of the Rockford Regional Housing Initiative (RRHI) and the general concept of a regional housing initiative and other regional approaches for public housing. The RRHI began in 2017 and is a coordinated effort to increase the development and preservation of affordable rental housing in opportunity areas through the pooling of housing choice vouchers and conversion to project based vouchers and other regional collaborations. The session will cover the formative aspects and lessons learned, but also reference some of the experiences in other RHI efforts around the country to include Chicago, Baltimore, Kansas City, etc. HOTMA’s allowance for an additional 10% PBVs in low poverty neighborhoods enhances this tool.”

In addition to attending our session, be sure to stop by our booth! Staff members Paul Watkins and Margaret McGilvray will be exhibiting at Booth 320 and have plenty of free swag to give away! Check out our special giveaways and photo fun. Learn more about the conference at NAHRO’s site, and be sure to check out Econometrica’s housing and community development resources before you go! See you soon!

About Econometrica:
Founded in 1998, Econometrica is a research and management organization in Bethesda, MD, established to provide public- and private-sector clients with customized program support services. Econometrica works with multiple agencies to provide high-quality, cost-effective analyses, modeling, and economic evaluations. The company consistently receives exceptional scores from its clients and believes in three principles: technical capabilities, happy customers, and business growth.

The Regional Housing Initiative: Creating Mobility, Opportunity and Affordable Housing Development

October 25, 2018
3:30 p.m. to 5 p.m.

Econometrica will be exhibiting at Booth 320.

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“Sampling for Auditors” Provides Accountants With Tools for Sampling

“Sampling for Auditors” Provides Accountants With Tools for Sampling

The Presentation From Econometrica’s Senior Economist Aims to Leverage Accountants’ Knowledge of Data

On May 17, 2018, Econometrica’s Senior Economist aimed to demystify some of the concepts of sampling and give accountants, who are the experts in the data, tools to talk about sampling with statisticians. In his presentation, “Sampling for Auditors,” Dr. Bellemore explained key sampling concepts such as the identification of relevant parameters, the identification of relevant characteristics, the appropriate sampling techniques, and the development of spreadsheet models.

Dr. Bellemore believes that accountants’ expert knowledge of data is integral to increasing efficiencies in processes with statisticians.

“Accountants have in-depth knowledge of the data which is critical to get an accurate reading on whatever population they are studying,” Dr. Bellemore said. “Oftentimes, these idiosyncrasies in data help identify what is going on in the population. If the accountant has an idea of what the statistician is trying to do, it is now much easier for the accountant to convey the important components of the data set to the statistician to produce more effective and accurate results.”

The presentation came as part of the Association of Government Accountants’ (AGA) Dallas Chapter’s Professional Development Training event. AGA is a member organization for Government financial management professionals. Dr. Bellemore presented along with four other speakers on topics ranging from sampling for auditors, IT controls for non-IT auditors, overview of the 2017 Yellow Book Exposure Draft, and ethics.

Dr. Bellemore has been an applied microeconomist for more than 25 years. At Econometrica, his career has spanned a myriad of applied economics fields including health, transportation, labor, telecommunications, housing, and environmental economics, as well as public finance and industrial organization.

About Econometrica:
Founded in 1998, Econometrica is a research and management organization in Bethesda, MD, established to provide public- and private-sector clients with customized program support services. Econometrica works with multiple agencies to provide high-quality, cost-effective analyses, modeling, and economic evaluations. The company consistently receives exceptional scores from its clients and believes in three principles: technical capabilities, happy customers, and business growth.

Dr. Bellemore believes that accountants’ expert knowledge of data is integral to increasing efficiencies in processes with statisticians.

Read more about Econometrica’s projects.

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