With digital data collection, there is more and more health care data to be analyzed every second.
Electronic Prescription Services (E-prescribing).There are a variety of tools and systems used to collect, store, share and analyze health data gathered through various means. The information being collected can be broken down into specific datasets that can then be analyzed. We are able to see a holistic view of each individual patient as well as trends tied to location, socioeconomic status, race and predisposition. This information is gathered from a series of health information systems (HIS) and other technological tools utilized by health care professionals, insurance companies and government organizations. Health data is any data relating to the health of an individual patient or collective population. There is data being collected on the processes and procedures of the business side of health care, but there is also an enormous amount of health data being gathered, stored and analyzed.
In order to discuss health data analytics and the role it plays in the health care sector, we must first understand the data that is being collected and analyzed. At the business level, it can lower costs, simplify internal operations and more. The use of health data analytics allows for improvements to patient care, faster and more accurate diagnoses, preventive measures, more personalized treatment and more informed decision-making.
Health care analytics uses current and historical data to gain insights, macro and micro, and support decision-making at both the patient and business level. Data analytics is the process of examining raw datasets to find trends, draw conclusions and identify the potential for improvement.
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