Patent ID: 8335700
Filing Date: 2012-12-18
Classification: G06Q

Abstract:
1. A method for determining the prospective profitability and productivity of a licensed professional, the method comprising the steps of: obtaining first data concerning a selected licensed professional from at least one source of said first data; obtaining historical data concerning a plurality of licensed professionals from at least one source of said historical data; obtaining external data from at least one external data source including variables predictive of at least one of profitability and productivity of said licensed professionals; utilizing a data processing device, normalizing said historical data using actuarial transformations to generate working data; utilizing said data processing device, calculating a profitability ratio associated with each of said plurality of licensed professionals based on said working data; utilizing said data processing device, calculating a cumulative ratio associated with said external data source variables based on said working data; identifying statistical relationships between said cumulative ratio and said external data source variables; creating a statistical model utilizing ones of said variables; generating an overall prediction of at least one of profitability and productivity of said licensed professionals; and utilizing said data processing device, generating a score for said selected licensed professional indicative of at least one of profitability and productivity using said statistical model.