Leveraging Departmental and Financial Data in Health Care Analytics- Enhancing Efficiency Quality and Revenue
Healthcare data analytics involves examining raw data to establish meaningful trends, make conclusions, and identify any chances for improvement. It is possible to improve patient care delivery of diagnosis, preventive care, decision-making, and personalized treatment. Healthcare data is an essential element of data analytics. The data that is collected from specific patient populations is analyzed and used for improvement. Subsequently, the data collected from departments can be used to improve services (University of Pittsburgh, 2021). For instance, patient readmissions can be ascertained in every healthcare facility department. The department with the highest rate of readmissions calls for a review of the current procedures and patient outcomes. This information is necessary to increase the rate of positive outcomes and reduce readmission. Such data may also highlight issues that are related to poor drug adherence after discharge. When a facility attends to these issues, there is a holistic improvement of the entire quality of care. Hire our assignment writing services in case your assignment is devastating you.
On the other hand, financial data highlights the cost of care (Dash & Shakyawar, 2019). It can be used to make care more affordable and even lead to the promotion of preventive care. Comparing curative and preventive care of a specific condition that affects a sizable portion of the patient population can guide the facility in identifying common trends. It is possible to identify the most fundamental areas that the facility’s resources can be directed towards. These areas should improve the general population’s health and reduce incidences of specific conditions. In addition, it should lead to more willingness to seek preventive care as opposed to curative care. Such approaches benefit not only the facility in saving costs during treatment but also the patients.
References
Dash, S., & Shakyawar, S. K. (2019). Big data in healthcare: management, analysis and future prospects. Journal of Big Data, 6(54).
University of Pittsburgh. (2021). The Role of Data Analytics in Health Care.
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How do departmental and financial data play into healthcare data analytics?
Leveraging Departmental and Financial Data in Health Care Analytics- Enhancing Efficiency Quality and Revenue
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