It has been said that predictive analysis is going to help create more efficient and effective health systems. But are there any tangible and successful results? Let’s review the benefits of predictive analytics in healthcare and how some organizations have already achieved tremendous progress.
An insurance provider in California was able to use predictive analysis to reduce the number of infants who get antibiotic treatment after birth from 11% to 0.05%. The algorithm determined that only 0.05% of the children are born with infections that require antibiotic usage.
Such implementations are by all means encouraging. Predictive analysis in healthcare is worth pursuit. In this article, we explore more benefits of predictive analytics in healthcare.
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With predictive analysis, patient records can be used to create a prognosis score. The data points are defined, and a Machine Learning model is created to connect the different data points. Conclusions and predictions can then be made from insights gained. A patient’s prognosis can be predicted over six months.
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