Question

Explain how data analytics leads to improved outcomes

Explain how data analytics leads to improved outcomes

Homework Answers

Answer #1

Yes, of course the reliable data provides promising benefits on operational efficiency.

It helps the organization to drive a decision at the onset of buisness.

It enhances the decision making and helps in tracking the expenses and the outcomes.

It allow the organization to monitor, assess and evaluate the improvements with the clinical outcome in accordance with realtime data

It generate more accurate assessments of obsolete inventories, reduction of excess, supply chains etc

Easy way to identify the cost effective strategies to implement.

Time effective

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Describe internal and external sources of data for analytics and outcomes analysis.
Describe internal and external sources of data for analytics and outcomes analysis.
First, develop a summary of healthcare data and analytics.  Next, describe the issues and challenges, as well...
First, develop a summary of healthcare data and analytics.  Next, describe the issues and challenges, as well as identify the apparent barriers to improved healthcare quality that exist in this situation. Finally, explain why the healthcare quality deficit in this situation is particularly important and should be addressed.
How do you think you might use data analytics and data visualization in accounting and auditing...
How do you think you might use data analytics and data visualization in accounting and auditing industry
How can data collection for notifiable diseases be improved?
How can data collection for notifiable diseases be improved?
Who is the nursing theorist that is convinced that patient outcomes are improved when direct care...
Who is the nursing theorist that is convinced that patient outcomes are improved when direct care is provided by the nurse.
Discuss the concept of data analytics.
Discuss the concept of data analytics.
a. Explain how to interpret the numbers in this model. Predictive analytics is used to predict...
a. Explain how to interpret the numbers in this model. Predictive analytics is used to predict the future by reviewing historical data, looking at patterns and relationships of the data then applying the relationships. This allows the bank to predict the balances by applying the numbers in the formula. This problem has three variables. Those variables are age, years of education and household wealth. b. Suppose that a customer is 32 years old, is a college graduate, and has a...
Quality Innovation in health care leaded to improved patient outcomes such as limiting interruptions during medication...
Quality Innovation in health care leaded to improved patient outcomes such as limiting interruptions during medication administration (policy/practice change). Please tell why this is important and how resonated with you?
1. Please describe the main categories of data that you may find while conducting data analytics,...
1. Please describe the main categories of data that you may find while conducting data analytics, provide some examples of these categories, and explain why it is important to know these categories when performing business-analytic. 2. Define business analytics. Make sure to include a description of the different types of analytics as defined by the Institute for operations research and management science (INFORMS)
Chapter 3 Data Management, Big Data Analytics, and Records Management case 3.2 business case: Financial intelligence...
Chapter 3 Data Management, Big Data Analytics, and Records Management case 3.2 business case: Financial intelligence fights fraud The Financial Crimes Enforcement Network (FinCEN; ncen.gov) is a bureau of the Treasury Department and the nancial intelligence unit of the United States. The bureau reports to the undersecretary for terrorism and nancial intelligence. FinCEN’s mission is to safeguard the nancial system from abuses of nancial crimes, to institute anti- money laundering (AML) programs, and to promote national security through the collection,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT