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    Domain Study Healthcare Analytics

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    Azeem Khalipha
    Healthcare analytics provides insights into hospital management, patient records, costs, diagnoses, and more. It uses business intelligence suites and data visualization tools to help managers make better decisions. Value-based healthcare is changing delivery models to focus on coordinated, team-based care and sharing patient data. Examples are patient-centered medical homes and accountable care organizations, which integrate care and share records/data to improve outcomes and reduce costs. Precision medicine considers individual genetic and lifestyle factors to target treatments and shift from reactive to predictive and preventative care. In value-based healthcare, nurses will have access to genetic data to provide personalized care, but will need more in-depth disease knowledge and collaboration will be vital as precision medicine is adopted.

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    Domain Study Healthcare Analytics

    Uploaded by

    Azeem Khalipha
    54 views3 pages
    Healthcare analytics provides insights into hospital management, patient records, costs, diagnoses, and more. It uses business intelligence suites and data visualization tools to help managers make better decisions. Value-based healthcare is changing delivery models to focus on coordinated, team-based care and sharing patient data. Examples are patient-centered medical homes and accountable care organizations, which integrate care and share records/data to improve outcomes and reduce costs. Precision medicine considers individual genetic and lifestyle factors to target treatments and shift from reactive to predictive and preventative care. In value-based healthcare, nurses will have access to genetic data to provide personalized care, but will need more in-depth disease knowledge and collaboration will be vital as precision medicine is adopted.

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    Healthcare industry in brief about the study

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    Healthcare analytics provides insights into hospital management, patient records, costs, diagnoses, and more. It uses business intelligence suites and data visualization tools to help managers make better decisions. Value-based healthcare is changing delivery models to focus on coordinated, team-based care and sharing patient data. Examples are patient-centered medical homes and accountable care organizations, which integrate care and share records/data to improve outcomes and reduce costs. Precision medicine considers individual genetic and lifestyle factors to target treatments and shift from reactive to predictive and preventative care. In value-based healthcare, nurses will have access to genetic data to provide personalized care, but will need more in-depth disease knowledge and collaboration will be vital as precision medicine is adopted.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    54 views3 pages

    Domain Study Healthcare Analytics

    Uploaded by

    Azeem Khalipha
    Healthcare analytics provides insights into hospital management, patient records, costs, diagnoses, and more. It uses business intelligence suites and data visualization tools to help managers make better decisions. Value-based healthcare is changing delivery models to focus on coordinated, team-based care and sharing patient data. Examples are patient-centered medical homes and accountable care organizations, which integrate care and share records/data to improve outcomes and reduce costs. Precision medicine considers individual genetic and lifestyle factors to target treatments and shift from reactive to predictive and preventative care. In value-based healthcare, nurses will have access to genetic data to provide personalized care, but will need more in-depth disease knowledge and collaboration will be vital as precision medicine is adopted.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3
    At a glance
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    Healthcare analytics provides insights to help improve patient care, services and existing methods.

    New delivery models like medical homes and accountable care organizations integrate care and share patient data to coordinate care and measure outcomes.

    Precision medicine considers individual differences in genes, environments and lifestyles to target specific illness treatments and shift from reactive to predictive and preventative care.

    Name- Azeem Khalipha

    PRN- 18030242012
    MBA – DSDA (2018-20)

    Domain study – Healthcare analytics assignment 1

    Question 1- What is healthcare analytics?


    Answer- Healthcare analytics is the part of the investigation that spotlights on
    offering bits of knowledge into hospital management, patient records, costs,
    diagnoses, and more. The field covers a wide swath of the human services
    industry, offering bits of knowledge on both the large scale and smaller scale
    level. At the point when joined with business knowledge suites and data
    representation devices, medicinal services investigation enables supervisors to
    work better by giving constant data that can bolster choices and convey
    significant bits of knowledge.

    For hospital and medicinal services supervisors, healthcare analytics give a blend
    of financial and administrative data alongside data that can help patient care,
    better administrations, and improve existing methods.

    Question 2 - How does Value-Based Healthcare Approach translate to new


    delivery models?
    Answer- The proliferation of value-based healthcare is changing the way
    physicians and hospitals provide care. New healthcare delivery models stress a
    team-oriented approach to patient care and sharing of patient data so that care is
    coordinated and outcomes can be measured easily. Two examples are reviewed
    here.

    1
    VALUE-BASED CARE MODELS: MEDICAL HOMES
    In value-based healthcare models, medical care does not exist in silos. Instead,
    primary, specialty, and acute care are integrated, often in a delivery model called
    a patient-centered medical home (PCMH). A medical home isn’t a physical
    location. Instead, it’s a coordinated approach to patient care, led by a
    patient’s primary physician who directs a patient’s total clinical care team.
    PCMHs rely on the sharing of electronic medical records (EMRs) among all
    providers on the coordinated care team. The goal of EMRs is to put crucial patient
    information at each provider’s fingertips, allowing individual providers to see
    results of tests and procedures performed by other clinicians on the team. This
    data sharing has the potential to reduce redundant care and associated costs.
    VALUE-BASED CARE MODELS: ACCOUNTABLE CARE ORGANIZATIONS
    Accountable care organizations (ACOs) were originally designed by the Centers for
    Medicare & Medicaid Services (CMS) to provide high-quality medical care to
    Medicare patients. In an ACO, doctors, hospitals, and other healthcare providers
    work as a networked team to deliver the best possible coordinated care at the
    lowest possible cost. Each member of the team shares both risk and reward, with
    incentives to improve access to care, quality of care, and patient health outcomes
    while reducing costs. This approach differs from fee-for-service healthcare, in
    which individual providers are incentivized to order more tests and procedures
    and manage more patients in order to get paid more, regardless of patient
    outcomes.
    Like PCMHs, ACOs are patient-centered organizations in which the patient and
    providers are true partners in care decisions. Also like PCMHs, ACOs stress
    coordination and data sharing among team members to help achieve these goals
    among their entire patient population.
    Clinical and claims data are also shared with payers to demonstrate
    improvements in outcomes such as hospital readmissions, adverse events, patient
    engagement, and population health.

    2
    Question 3- What is Precision Medicine?
    Answer- Precision medicine is an innovative approach that takes into
    consideration individual differences in people’s genes, environments, and
    lifestyles. The promise of precision medicine gives medical professionals the
    resources they need to target specific illness treatments, further the development
    of scientific and medical research, and keeps families healthier.
    Precision medicine can help reduce acute hospital admissions resulting
    from medication side-effects and adverse reactions. This can also lead to shifting
    treatment from conditions to predictive and preventative care. Additionally,
    precision medicine can use data to spot prescription inefficiencies. It can be used
    to study how genes affect a person’s response to particular drugs, as well.

    Question 4- What is the role of nurses in value-based healthcare approach?


    Answer- Nurses will have access to genetic information that will allow
    personalized, tailored treatments to the patients in value based healthcare
    approach
    There will be a few challenges too. For instance, nurses will need a more in- depth
    knowledge of each patient disease profile as opposed to just general diagnosis.
    Possibly the biggest obstacle in fully adopting precision medicine is time, as
    collaborations among patients, healthcare practitioners, and researchers are vital

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