Though analytics can be descriptive and predictive, today most healthcare organizations are users of descriptive analytics, leveraging reporting tools and applications to understand what has already happened in the past to classify and categorize historical data.
What is needed by providers and payers alike is an analytics capability that allows for analysis, allows for stratification and most importantly allows for prediction, according to Kristin Landry, vice president of market analytics at Optum. Landry told an audience July 15 at Health Data Managements Healthcare Analytics Symposium in Chicago that prediction is the key.
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