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Table 1 Some of the metrics typically used to report the performance of a risk prediction tool applied to unplanned hospital admission

From: IAPN: a simple framework for evaluating whether a population-based risk stratification tool will be cost-effective before implementation

  

True outcome

Admitted to hospital

Not admitted to hospital

Predicted outcome

High-risk

True positive (TP)

False positive (FP)

Low-risk

False negative (FN)

True negative (TN)

Performance metric formula

Description

Accuracy = (TP + TN)/(TP + FP + FN + TN)

Accuracy measures how well the risk prediction tool identifies people who were and were not admitted to hospital

Sensitivity (aka recall) = TP/(TP + FN)

The proportion of high-risk people who were admitted to hospital

Specificity = TN/(TN + FP)

The proportion of low-risk people who were not admitted to hospital

Positive predictive value = TP/(TP + FP)

The proportion of high-risk people who were admitted to hospital

Negative predictive value = TN/(TN + FN)

The proportion of low-risk people who were not admitted to hospital

Concordance statistic (aka c-statistics or area under receiver operating characteristic):

The probability that a randomly selected person who was admitted to hospital will have a higher modelled probability of admission than a randomly selected person who was not admitted to hospital