Healthcare Economics (HEAT and REJ)
ROV Healthcare Economics (HEAT and REJ) is a technology provided by OSL Risk Management in a joint venture with Real Options Valuation Inc. to run economics and financial analysis on healthcare strategies employer-sponsored healthcare, including insurance companies and public funding approaches
Runs economics and financial analysis on health care strategies
Contains advanced analytics for private and public hospitals, and insurance companies.
Allows loading employee-census data and country or sector-specific information and health indicators
Applied Analytics: Run Tornado and Scenario Analysis.
Risk Simulation: Set Monte Carlo Risk Simulation Input Assumptions, Run and View Simulation Results, Compare and Overlay Simulation Results, Run Analysis of Alternatives, and Perform Dynamic Sensitivity.
Options Strategies: Create Strategy Trees and Run Dynamic Decision Trees.
Options Valuation: Model and Value Strategic Real Options Strategies.
Forecast Prediction: Perform Forecast Prediction and Modelling.
Portfolio Optimisation: Create Optimisation Models and Assumption Settings, Run Optimization Routines, and Create Customised Optimisation Models.
Dashboard: Create, Run, and Save Management Results Dashboards.
Knowledge Centre: Quick Getting Started Guides and Videos.
- Windows 7, 8, or 10 (32 and 64 bits)
- Microsoft .NET 2.0, 3.0, 3.5 or later
- Excel 2013, 2016, or later is recommended for report extraction but required
- 350MB Hard Drive space
- Administrative Rights to install software
- MAC OS users can run the software as long as they have Bootcamp, Virtual Machine, or Parallels
Make sure that you have administrative rights to install the software, and that your system requirements match or exceed those required in Item 1 above. In addition, make sure you have .NET Framework 2.0, 3.0, 3.5 or later already installed on your computer. Then, simply download the trial or full version of the software, double click on the exe file, and follow the instructions. Make sure to first uninstall any older versions of Risk Simulator before attempting to install a new version.
In WIN7 and Vista, users have the option to change the screen resolutions by “zooming in/out” and not just using a regular resolution change. When changing resolutions the regular approach (e.g., changing from 1280 x 800 to 1080 x 680) will not affect ROV software look and feel. However, using the zoom function does mess up some visuals (this is true of all software out there, and Windows actually even provides a warning message explaining this). The first two figures illustrate some effects of this zoom view.
Solution: Click on Start > Control Panel > Appearance and Personalization > Display and you see the user interface (see the third figure below). Change the view back to “Smaller 100% (Default)” then log-off and log-on to take effect and the RS/SLS software will display normally and correctly.