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SHALU JOSEPH
2037056
MA APPLIED
ECONOMICS
BUSINESS ANALYTICS
DISEASE SURVEILLANCE AND
PREVENTIVE MANAGEMENT
What?
Studies the patterns presented in the data and checks
for disease outbreaks.
Why?
The analysed data is used to come up with preventive
techniques, vaccines and medicines and thus work
towards preventing spread of a health crisis
Helps in reducing mortality rates by checking, where
prompt care should be provided
Eg: Preventive measures during Ebola in west Africa
DEVELOPMENT OF FASTER, LEANER
AND MORE PRODUCTIVE R&D PIPELINE
What?
Usage of predictive modelling, statistical tools and
health care analytics to shorten the time a drug stays in
R&D pipeline
Why?
Every pharmaceutical company must undergo a long
process of clinical trials and get approval from FDA
before producing a new drug out to the patients
Advanced analytics helps in developing a low attrition,
leaner, faster and highly productive R&D pipeline
Thus, profitability and efficiency increases.
RISK PREDICTION- COST
REDUCTION
What?
Help cut costs by predicting which patients are at higher risk for disease and
arrange early intervention, before problems develop
Why?
A large percentage of what affects health outcomes is associated with
factors outside the purview of traditional health care.
These factors include patient health habits and behaviors, socio-economic
factors like employment and education, and physical environment.
In data analytics, these outside metrics can be modeled to predict risk of
chronic disease and there by reduce medical expenses.
REDUCE FRAUD AND ENHANCE
SECURITY
What?
Usage of data analytics to prevent security threats by identifying
changes in the network traffic or any other behaviour that reflects
cyber attack
Why?
Personal data is extremely valuable and profitable in the black market
93% of the health organizations in US have faced data breach
Advanced security features such as encryption technology, firewalls,
anti-virus software etc. answer the need of more security
SMART STAFFING &
PERSONNEL MANAGEMENT
What?
HR Analytics helps medical institutions to optimize staffing while forecasting
operating room demands, streamlining patient care as a result.
Why?
 Without a cohesive, engaged workforce, patient care will dwindle, service rates
will drop, and mistakes will happen.
The imbalance of personnel management could mean overcrowding or under
representation of staffs which can develop risks of lower motivation for work and
increases the absenteeism rate.
By working with right HR Analytics this issue can be solved

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Disease Surveillance and Preventive Management

  • 2. DISEASE SURVEILLANCE AND PREVENTIVE MANAGEMENT What? Studies the patterns presented in the data and checks for disease outbreaks. Why? The analysed data is used to come up with preventive techniques, vaccines and medicines and thus work towards preventing spread of a health crisis Helps in reducing mortality rates by checking, where prompt care should be provided Eg: Preventive measures during Ebola in west Africa
  • 3. DEVELOPMENT OF FASTER, LEANER AND MORE PRODUCTIVE R&D PIPELINE What? Usage of predictive modelling, statistical tools and health care analytics to shorten the time a drug stays in R&D pipeline Why? Every pharmaceutical company must undergo a long process of clinical trials and get approval from FDA before producing a new drug out to the patients Advanced analytics helps in developing a low attrition, leaner, faster and highly productive R&D pipeline Thus, profitability and efficiency increases.
  • 4. RISK PREDICTION- COST REDUCTION What? Help cut costs by predicting which patients are at higher risk for disease and arrange early intervention, before problems develop Why? A large percentage of what affects health outcomes is associated with factors outside the purview of traditional health care. These factors include patient health habits and behaviors, socio-economic factors like employment and education, and physical environment. In data analytics, these outside metrics can be modeled to predict risk of chronic disease and there by reduce medical expenses.
  • 5. REDUCE FRAUD AND ENHANCE SECURITY What? Usage of data analytics to prevent security threats by identifying changes in the network traffic or any other behaviour that reflects cyber attack Why? Personal data is extremely valuable and profitable in the black market 93% of the health organizations in US have faced data breach Advanced security features such as encryption technology, firewalls, anti-virus software etc. answer the need of more security
  • 6. SMART STAFFING & PERSONNEL MANAGEMENT What? HR Analytics helps medical institutions to optimize staffing while forecasting operating room demands, streamlining patient care as a result. Why?  Without a cohesive, engaged workforce, patient care will dwindle, service rates will drop, and mistakes will happen. The imbalance of personnel management could mean overcrowding or under representation of staffs which can develop risks of lower motivation for work and increases the absenteeism rate. By working with right HR Analytics this issue can be solved