Healthcare analytics is used in the healthcare industry to collect data from claims, pharmaceuticals, cost data, R&D, data from EHR’s, and behavioral data. These data are used to understand the patterns from the healthcare perspective to improve the quality of care given to the patients and reduce healthcare costs.
How Healthcare Analytics Can Improve Patient Care- Healthcare analytics helps to improve patient care in the following manner:
Streamline Process
Reduced Admissions
Reduced Costs
Shorter ICU Stays
Predictive Analysis For The Healthcare Workforce – In 2017, the Society of Actuaries claims that 89% of healthcare providers are currently using predictive analysis for planning their healthcare activities. The HR department in any healthcare organization needs to maintain vast and sensitive data about the people, their jobs, personal information which are important from a business point of view. So many healthcare organizations are using predictive analytics that provides accurate data about a job applicant even before he/she is interviewed. The analytical data gives a list of high-performing candidates, their performance and productivity detail in the previous jobs, their leadership qualities, and also the leave and attendance details! (2017).
Using the right healthcare analytics and helps to not only improve the quality of patient care but also reduce the costs of treatment.