Complimentary from the publishers of Predictive Modeling News April 3, 2012 | ||
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"Property and casualty
insurance focuses on financial risk in contexts and circumstances that
are predictable and generally straightforward. Predictive modeling tools
in the P&C industry are fairly strong, their accuracy is high and
available risk data are probably adequate. The situation in healthcare,
I believe, is far more complex. Healthcare needs, patterns and risk data
are more nuanced and multi-faceted and, unlike P&C, predictions focus as
much on consumer or provider behaviors or actions as on dollar outcomes.
There is always something that we in healthcare can learn from other
industries, but I would think the parallels between the two industries
may be limited and therefore the lessons limited as well." Jonathan
Weiner DrPH, Professor, Health Policy and Management; Director, PhD
Program in Health Services Research and Policy; Deputy Director, Health
Services Research & Development Center, The Johns Hopkins University |
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65% of providers said
supporting organizational strategies, like participating in new care
delivery or reimbursement models, was a top clinical informatics goal in
the next two years. But, 58% expressed challenges in prioritizing what
to work on first. Excerpted from Needles in a haystack: Seeking knowledge with clinical informatics, PricewaterhouseCoopers |
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Quintiles to Quantify Healthcare Decisions Using Archimedes Simulator
Business Wire, March 28, 2012 |
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Where Does Predictive Modeling Stand Becker's Hospital Review, March 21, 2012 |
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Fighting
Fraud: Predictive Analytics & Business Rules Make a Powerful Combination
Insurance & Technology, March 19, 2012 |
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Health Professionals Demanding Clinical Informatics CIO Insight, March 14, 2012 |
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Life Insurers Right in the Middle of a Big Opportunity LifeHealthPro, March 14, 2012 |
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Texas
doctor indicted in $375 million health care fraud scheme American Medical Association, March 8, 2012 |
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