Predictive Modeling Bulletin
  Complimentary from the publishers of Predictive Modeling News          February, 2016  
   
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There Is A 90% Probability That Your Son Is Pregnant: Predictive Analytics in Healthcare

Dale Sanders provides a new version of a very popular lecture he presented at this year's Health Analytics Summit in Salt Lake City.  The success of predictive analytics will depend on the costs of intervention to reduce the risks that are identified by predictive analytics, which boils down to this two-part question: Now that we can predict a patient’s risk for a bad healthcare outcome, “What’s the probability of influencing this patient’s behavior towards a better outcome?" And, “How much effort and cost will be required for that influence?"

 
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Kaushik Pal: Lessons for healthcare from other industries regarding predictive analytics

1 . The amount of insights is not directly proportionate to the amount of data. You are not going to get more insights just by increasing data collection.
2.  Insights do not necessarily provide value. You need to first customize the insights in your context so that it becomes useful.
3.  Click to continue

Source: "How Predictive Analytics Can Improve Medical Care," Techopedia, February 16, 2016
Source URL: https://www.techopedia.com/2/31594/trends/big-data/how-predictive-analytics-can-improve-medical-care

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This Month in Predictive Modeling News
 
  • Health-Based Consumer Analytics: Bending Trend by Design, Not by Chance by Damon Shepherd MS, Guedem Dara MA, Caitlin Swift MA and Mary Kay Bogumill PhD
  • 3M Health Information Systems Case Study: Blue Cross Blue Shield of Nebraska
  • Analytics Experts Examine 2015, 2016
  • Thought Leaders’ Corner: “How big a role in healthcare predictive analytics functions are special smartphone- and tablet-based apps playing in 2016?"
  • Industry News with a briefs regarding Medalogix, SCIO Health Analytics, Hindsait Inc., SAS, HIMSS Analytics, and Health Catalyst
  • Catching Up With … Sandra Hendren MS
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