DEVELOPING A FRAMEWORK FOR DATA ANALYSIS ACROSS FLORIDA STATE HOSPITALS
Grant Thornton LLP is the American member firm of Grant Thornton International, a global organization of member firms that provides audit, tax, and advisory services. Since its establishment in 2010, Grant Thornton's Health Care Advisory Practice has provided consulting services to the rapidly evolving healthcare industry. The Capstone team's primary goal was to develop the healthcare practice's data analytics capacity to help evaluate trends in the Florida hospital market. Based on Grant Thornton's pilot benchmarking study in Florida using Agency for Health Care Administration claims data, the team completed a comprehensive study encompassing all hospitals across Florida. The study utilized the Statewide Planning and Research Cooperative System all-payer claims database to explore a replication of the Florida study's approach and included an extensive literature review. The team's research culminated in the development of a framework for data analysis and a series of use cases that illustrate the applicability of each developed strategy in the healthcare market.