Stakeholders Use FAIR Health Data for Market Sizing Studies

April 18, 2024

One way the FAIR Health repository—now totaling over 46 billion private healthcare claim records—continues to bring clarity to the healthcare system is by providing nationally representative market sizing studies for multiple healthcare stakeholders. Market sizing involves analyzing data to determine the aggregate spending and utilization of different segments of the healthcare system and the system as a whole. Employing external projection and internal validation methods, FAIR Health creates market sizing studies that our clients, who include government entities, academic researchers and commercial clients, can use with confidence.

Government Entities
For state and federal government agencies, FAIR Health can provide a representative sampling of hospital inpatient, outpatient and physician services delineated by various geographic units, as desired. For example, FAIR Health data are helping a federal government entity to calculate the healthcare component of consumer price indices, which include professional and hospital services.

Academic Researchers
FAIR Health data can aid academic researchers studying the healthcare market in myriad ways, including those wishing to gain insights into healthcare disparities. For example, FAIR Health data are helping to understand gaps in care and reimbursement among diverse populations of older Americans with Alzheimer’s disease and related dementias.

Commercial Clients
FAIR Health data can contribute to commercial client inquiries within and across markets regarding healthcare utilization and spending by diagnoses, disease prevalence and procedure type. The data can be stratified by demographic subpopulation, including imputed race, ethnicity and socioeconomic factors, as well as age and gender. The FAIR Health data team can also categorize spending and utilization by unique specialties, places of service or geographic units. For example, FAIR Health data are currently being used to better understand healthcare utilization and/or reimbursement in such specialties as urology, orthopedics, cardiology, spinal surgery, behavioral health, ENT (ear, nose and throat), fertility, radiation oncology, emergency medicine and more.

FAIR Health President Robin Gelburd stated: “We are pleased to contribute FAIR Health’s extensive database to support market sizing studies. This is an example of how FAIR Health data can help stakeholders deepen their understanding of the healthcare system.”

For more information on how FAIR Health’s repository can be used for market sizing studies, contact us by email at info@fairhealth.org or call us at 855-301-FAIR (3247), Monday through Friday, 9 am to 6 pm ET.