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Much of Lexidyne’s client work focuses on quantifying the movement of patients in various therapeutic areas. For example, a manufacturer of a prosthetic device might be interested in the pools of patients and the associated flows of activity in a particular marketplace. A Dynamic Model could identify the stages patients go through (At Hospital, In Acute Phase, In Post-Acute Phase) as well as quantify the annual (or monthly) number of patients that experience various events (advancing between stages, requiring additional procedures, deaths, etc.) based on specific data estimates (death rate in acute phase, average life of prosthesis, etc.) Such a model would help a client team understand the structure of the existing marketplace as well as identify high-leverage intervention points for formulating more effective strategies.
