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"Clinical and Business Data Analytics for Healthcare Payers"

Value of Clinical and Business Data Analytics for Healthcare Payers

Value of Clinical and Business Data Analytics for Healthcare Payers

White Paper: Nous Infosystems

With the increasing need for business data analytics, healthcare payers must plan and implement solutions that make secondary use/re-use of data which is already available in various applications.

This whitepaper to get an overview of the different sources of data, that payer systems can consider, advancements in bigdata, the challenges encountered, opportunities presented and listing of some of the common dashboards that healthcare payer industry implements.

It highlights:

  • Business Data Analytics for Customer Insights
  • Data Analytics for Predictive Analytics
  • Advantages of Data Warehousing
  • Data Analytics to help in System Management

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What is

What is Healthcare analytics ?

Healthcare analytics is the analysis of healthcare activities and data collected from different area of healthcare. Analytics help healthcare organizations to co-ordinate better and improve patient wellness. The main benefit of using healthcare analytics is to help you in decision making, which will increase patient experience and outcomes in a cost effective manner.

What is Analytics ?

Analytics is the process of obtaining an optimal and realistic decision based on examining existing data, typically large sets of business data, with the aid of mathematics, statistics, specialized systems and software. In the last few years use of analytical methods to extract useful insights from data have gained immediate importance and has helped several companies improve their business performances.

What is Healthcare ?

Healthcare is the process to improve health of a being via the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments. In other words Health care is an organised system of medical care concerned with the maintenance of the health of the whole body.

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