Health IT Analytics April 10, 2024
Predictive analytics can support population health management, financial success, and better outcomes across the value-based care continuum.
As healthcare organizations pursue improved care delivery and increased operational efficiency, digital transformation remains a key strategy to help achieve these goals. Many health systems’ digital transformation journey involves identifying the value of their data and capitalizing on that value through big data analytics.
Of the four types of healthcare data analytics, predictive analytics currently has some of the highest potential for value generation. This type of analytics goes beyond showing stakeholders what happened and why, allowing users to gain insight into what’s likely to happen based on historical data trends.
Being able to forecast potential future patterns has game-changing potential as healthcare...