Describe what is meant by advance and predictive analytics.
“Improving healthcare quality and performance is a long-term endeavor that requires information and insight to guide decision making†(Strome, 2013, p. 184). With this being said, select one of the following analytical applications:
Statistical
Visualization
Data profiling
Data mining
Text mining
Online analytical processing
Describe the application and how you as an administrator would use it using a real-life example
Sample applications of advanced healthcare analytics include, clinical decision support, population health management, administration and planning and fraud protection. Discuss two (2) of these applications providing real-life examples.
Discuss how you, acting as an administrator, would make your healthcare organization an analytical healthcare organization and the benefits from doing so.