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This document presents a SAS macro for generating forest and funnel plots to display healthcare institutional risk-adjusted performance based on several variables including event rates and confidence
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How to fill out A SAS Macro for Displaying Institutional Risk-Adjusted Performance: Forest vs. Funnel Plots

01
Open your SAS environment and create a new SAS program.
02
Define the macro by using the %MACRO statement, followed by the macro name (e.g., %macro risk_adjusted_performance).
03
Specify the necessary input parameters in the macro definition to allow customization of the plot (e.g., data set, output file).
04
Ensure that required libraries for statistical analysis and graphical representation (e.g., PROC SGPLOT) are included.
05
Use PROC MEANS or similar procedures to calculate risk-adjusted performance metrics for the data.
06
Generate the forest plot using PROC SGPLOT, incorporating required graphical options for aesthetics.
07
Similarly, create the funnel plot, adjusting parameters as necessary to accurately depict risk-adjusted performance.
08
Include options to save or output the plots to desired formats (e.g., PNG, PDF).
09
Test the macro with sample data to ensure all elements work as intended.
10
Document the macro for future reference, explaining each parameter and output.

Who needs A SAS Macro for Displaying Institutional Risk-Adjusted Performance: Forest vs. Funnel Plots?

01
Institutional researchers who evaluate performance metrics in various finance sectors.
02
Risk analysts requiring visualization tools for better understanding of risk-adjusted performance.
03
Academic professionals teaching courses related to statistics, risk management, or finance.
04
Financial institutions looking to assess the effectiveness of their investment strategies.
05
Regulatory bodies needing standardized methods for performance evaluation in institutional settings.
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People Also Ask about

A funnel plot is a scatterplot of treatment effect against a measure of study precision. It is used primarily as a visual aid for detecting bias or systematic heterogeneity. A symmetric inverted funnel shape arises from a 'well-behaved' data set, in which publication bias is unlikely.
A funnel chart is a graphical representation used to visualize how data moves through a process. In a funnel chart, the dependent variable's value diminishes in the subsequent stages of the process. Funnel charts are widely used to represent sales funnels, recruitment, and order fulfilment processes.
'Funnel plots' are recommended as a graphical aid for institutional comparisons, in which an estimate of an underlying quantity is plotted against an interpretable measure of its precision. 'Control limits' form a funnel around the target outcome, in a close analogy to standard Shewhart control charts.
It typically resembles an inverted funnel, with a symmetrical shape indicating the absence of bias, while asymmetry suggests potential bias in the distribution of study results.
Funnel plots provide a useful graphical representation of the presence of bias, and forest plots represent the heterogeneity of findings within studies included in a meta-analysis. The purpose of this review is to help readers interpret these statistical tools to better understand the findings of a meta-analysis.
A funnel plot is a scatter plot that compares the precision (how close the estimated intervention effect size is to the true effect size) and results of individual studies. It is commonly used in meta-analyses to visually detect publication bias.

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A SAS Macro for Displaying Institutional Risk-Adjusted Performance: Forest vs. Funnel Plots is a program tool designed to visualize and compare the risk-adjusted performance metrics of different institutions or studies using forest and funnel plot representations in SAS software.
Researchers, statisticians, or institutions involved in health outcomes research, clinical studies, or performance assessments in healthcare settings are typically required to file this macro as part of their reporting and analysis processes.
To fill out the SAS Macro, users must input relevant data sets containing performance metrics, risk factors, and identifiers for the institutions being compared, as well as specify parameters for the plot outputs, such as labels and confidence intervals.
The purpose of the SAS Macro is to provide a standardized method for displaying and comparing institutional performance data in a visual format that highlights the risks and outcomes, facilitating better understanding and decision-making among stakeholders.
Information that must be reported includes the risk-adjusted performance metrics, confidence intervals, the number of institutions analyzed, any relevant covariates, and the overall conclusions drawn from the visualizations.
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