Health IT Analytics September 4, 2018
Predictive analytics can support population health management, financial success, and better outcomes across the value-based care continuum.
As healthcare organizations develop more sophisticated big data analytics capabilities, they are beginning to move from basic descriptive analytics towards the realm of predictive insights.
Predictive analytics may only be the second of three steps along the journey to analytics maturity, but it actually represents a huge leap forward for many organizations.
Instead of simply presenting information about past events to a user, predictive analytics estimate the likelihood of a future outcome based on patterns in the historical data.
This allows clinicians, financial experts, and administrative staff to receive alerts about potential events before they happen, and therefore make more informed choices...
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