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ANALYTICS IN HEALTHCARE

ANALYTICS IN HEALTHCARE

Healthcare analytics is the collection and analysis of


data in the healthcare industry in order to gain
insights and support decision-making. From key
areas like medical costs, clinical data, patient
behavior, and pharmaceuticals, healthcare analytics
can be used on both macro and micro levels to
effectively streamline operations, improve patient
care, and lower overall costs.
BENEFITS OF HEALTHCARE ANALYTICS

 Improve performance by delivering data-based quality


care.
 Reduce patient wait-times by measuring and leveraging
scheduling and staffing procedures.
 Improve patient satisfaction by streamlining tedious
processes related to making appointments, processing
insurance, and providing referrals.
 Provide patients with more personalized treatment.
 Reduce readmission rates by leveraging population
health data against personal patient data to predict at-
risk patient.
APPLICATIONS OF ANALYTICS IN HEALTHCARE

 Disaster planning : Both natural and manmade


disasters will put tremendous pressure on the health
care systems in that area. During a disaster, the
demand for a particular service will increase way
beyond its capacity. For example, during a flu
outbreak, demand for ventilators will increase.
Knowing the real-time location and availability of
such facilities will be very helpful for the authorities
in managing such disasters. Using data analytics, it is
also possible to predict the outbreaks of some
diseases and thus putting the authorities in a better
position to manage it.
 Patient Flow : Healthcare is a time critical service
and data analytics plays a crucial role in ensuring
smooth patient flow and reducing waiting period.
Predicting patient surge will help the authorities take
the necessary step to reduce patient waiting time
thereby giving timely treatment.
 Pre-adjudication and fraud analysis : Hospitals
receives large numbers of insurance claims on a daily
basis. Big data analytics can be employed to process
large numbers of claims to reduce fraud and abuse.
 Cost and Effectiveness : Data analytics can be used to
compare the cost and effectiveness of treatments, public
policies etc. Organizations can use cost and outcome data to
check the effectiveness of medicines and stop prescribing
medicines that are not effective.
 Effective resource management : Location tracking
technologies like RFIDs are used to provide real-time
management, identification, and tracking of instruments
within an organization. Along with tracking instruments,
now such technologies are increasingly being used to track
and manage patients and staffs. Data from such services
can be used to improve patient care, resource utilization,
and staff management.
THANK YOU

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