Question

The subject of statistics involves the study of how to collect, analyze, and interpret data. Data are facts and figures from which conclusions can be drawn. Such conclusions are important to the decision making if many professions and organizations. How do hospitals and financial planners use data? where does the data come from?

Answer 1

Big data application in healthcare includes three main trends:

the patients' experience could improve dramatically, including quality of treatment and satisfaction; the overall health of the population should also be improved over time, and the general costs should be reduced.

With healthcare data analytics, you can:

• Predict the daily patients' income to tailor staffing accordingly
• Use Electronic Health Records (EHRs)
• Use real-time alerting for instant care
• Help in preventing opioid abuse in the US
• Enhance patient engagement in their own health
• Use health data for a better-informed strategic planning
• Research more extensively to cure cancer
• Use predictive analytics
• Reduce fraud and enhance data security
• Practice telemedicine
• Integrate medical imaging for a broader diagnosis
• Prevent unnecessary ER visits