This case asks students to assume the role of an analyst within Timp Health, a company that specializes in pharmacy benefit management. The task is to analyze drivers of gross drug costs and, ultimately, to develop a regression model that best predicts future gross drug costs. The real-world data for this case includes gross drug costs, along with other data fields, at both member and record detail levels. We provide solutions using the statistical program R.
Suitable courses: This case is suitable for managerial, cost, data analytics, and business statistics class