Table 3 Fit Statistics for Candidate Models (MA claims)
From: Accounting for the relationship between per diem cost and LOS when estimating hospitalization costs
Model | Fit Statistics | |
|---|---|---|
| Â | AIC | BIC |
(A) Piecewise linear with knots at 14 and 30 days | 7,666.8 | 7,920.6 |
(B) Piecewise linear with a knot at 14 days | 7,664.9 | 7,868.0 |
(C) Piecewise linear with a knot at 14 days and horizontal tail | 7,665.3 | 7,803.1 |
(D) Piecewise quadratic with a knot at 14 days | 7,626.9 | 7,960.6 |
(E) Piecewise quadratic with a knot at 14 days and horizontal tail | 7,621.4 | 7,824.5 |
(F) Logarithmic | 7,666.0 | 7,803.8 |
(G) Constant (Traditional) | 9,605.0 | 9,677.6 |