The world is one big ball of unrefined data and big data is the name of the game. Raw data doesn’t do much, but with the help of data analysis, it becomes invaluable. It provides valuable insights into all facets of company operations and performance – from consumer behaviour to underwriting practices to the ROI […]
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Data Analytics in healthcare allows use of new technologies both in treatment of patients and health management.It is a system with varied stakeholders: patients, doctors, hospitals, pharmaceutical companies and healthcare decision-makers. Data analytics is the process of analyzing raw data to find trends and answer questions, and identify trends, it includes many techniques with many
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In this age of Big Data and Artificial Intelligence, predictive analytics is helping reshape the insurance industry. There has been a massive shift in the current way insurance companies operate. Predictive modeling uses various data mining techniques, artificial intelligence, ML models, DL methods to interpret the data. Earlier there were dependencies on actuaries to predict
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The highest number of people with diabetes is in China and India. India ranks 76th with around 9% prevalence. 46% of people around the world with diabetes go undiagnosed. By 2040, this figure is expected to rise to 642 million worldwide. Many people with diabetes are diagnosed late and hence develop Type II diabetes. Predicting
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Predictive Analytics is a branch of advanced analytics which is very useful for medical diagnosis in the healthcare industry. Historical data of former patient’s symptoms is applied to assess new patients and reduce misdiagnosis. In healthcare segment, it can cater to patient diagnosis by determining patients who are at risk of developing conditions for example
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Analytics in healthcare Financial intelligence (FININT) is the gathering of information about the financial affairs of entities of interest, to understand their nature and capabilities, and predict their intentions. Generally the term applies in the context of law enforcement and related activities. A feature in analytics in healthcare organisations to forecast certain aspects of the
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