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Econometrica Maintains Continued Operations During Coronavirus Pandemic

Econometrica Maintains Continued Operations During Coronavirus Pandemic

COVID 1BETHESDA, MD – On March 13, President Trump declared a national emergency in response to the outbreak of coronavirus (COVID-19) nationwide. Econometrica, Inc., continues to monitor developments related to the coronavirus pandemic to ensure the safety of our staff, their families, and communities. We also are taking steps toward meeting our commitments to clients and partners and continue to provide the high-quality and timely services expected from Econometrica.

The following summarizes steps we have taken to date:

  • Econometrica has mandated that all employees work full time from home for the foreseeable future. We are complying with guidelines from the Centers for Disease Control and Prevention (CDC) to halt gatherings of more than 50 people and to encourage social distancing.
  • Employees working remotely have full access, using secure configurations, to Econometrica’s network resources, applications, and support, including communication tools to support telework. No project work will be interrupted by this move to a remote setup.
  • Project teams in our Health, Housing and Community Development, General Services, Capital Markets, and Data Analytics groups are moving toward scheduling all meetings virtually and limiting travel. All business travel is temporarily suspended during this time.
  • Staff members who work onsite at our clients’ offices continue to report to their respective agencies unless directed otherwise. We have been in contact with each client to develop contingency plans to address remote work should access to the client site is limited or an employee shows symptoms of COVID-19.
  • We have regularly communicated prevention strategies and tips from CDC and the American Red Cross for keeping homes and workplaces safe. Everyone has been advised to call their doctors and follow CDC recommendations for self-quarantine should they show any symptoms related to COVID-19.

Coronavirus infections increase at an exponential rate, with symptoms including fever, cough, and shortness of breath. Social distancing seems to be effective in reducing the spread, and Econometrica wants its employees to feel safe and remain healthy. As this outbreak unfolds, Econometrica will continue to provide its high-quality services with no reduction in availability or commitment.

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.

Coronavirus infections increase at an exponential rate, with symptoms including fever, cough, and shortness of breath. Social distancing seems to be effective in reducing the spread, and Econometrica wants its employees to feel safe and remain healthy.

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Jonathan Fusfield

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CMS Releases New Course for SNF Providers

CMS Releases New Course for SNF Providers

August 10, 2021

The Centers for Medicare & Medicaid Services (CMS) released a new web-based training course that provides an overview of the assessment and coding the items in Section K related to height, weight, and nutritional approaches for skilled nursing facility residents.

Econometrica’s Health Group Expands Clinical Expertise

Econometrica’s Health Group Expands Clinical Expertise

August 5, 2021

Econometrica’s Health Group has further expanded its knowledge base and team of clinical experts. Through our recruiting and continuing education initiatives, our team stands ready to offer a wide range of expertise.

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

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

Data to Action graphic

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!

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 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

Doctor ipadEconometrica, 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.

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.

“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.”

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.

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.