Identifying Cost Saving Opportunities in Healthcare

Using our X-Act OBC Platform technologies and optimal business control (OBC) methodologies, we were able to help the government reduce the cost of healthcare by 9% and have plans for an additional reduction of 10% through the smart use of a universal database.

Dynamic Complexity in Healthcare

There is no doubt that the impact of dynamic complexity causes a great number of healthcare transformation project failures. Project outcomes are typically marred by costs that are several times higher than originally planned and significant project delays, which then further inflate the overall costs of the change program. In general, these problems are created when dynamic complexity is ignored during the business analysis phase that precedes information technology system transformation plans.

Reconstructing the 2007-2008 Financial Crisis

To analyze the root cause of the 2007-2008 financial crisis, we built a mathematical emulator that represented the financial market dynamics prior to the crash. This included the financial engines and dynamic flows among them and explicitly the dependencies on the internal structure and the external influencers that impact market performance.

Dynamic Complexity’s Role in 2007-2008 Financial Crisis

The real cause of the economic meltdown can be traced to intertwined financial domains, which generated considerable dynamic complexity that in turn made it difficult to determine the possible outcomes. There is no doubt that the subprime foreclosure rate started the domino effect, but had the degree of inter-domains dependency not pre-existed, then the effect on the market would have been much less severe.