How would a memo look that would help increase an organization’s reliance on data for planning, operation, and management? The memo would have to demonstrate the power of predictive analytics to the organization’s board by:
1. Highlight the benefits of employing analytics for healthcare decision-making.
2. Demonstrate the utility of predictive analytics for healthcare decision support.
a. For this demonstration, review six healthcare research studies and provide a summary in the table shown below. Incorporate this table in your memo. The healthcare research studies are time-series analysis, seasonality, forecasting, averaging technique, trend analysis, and prediction control
b. Make the table entry below as comprehensive as possible while being succinct. (see file for table)
DHA-7012
As part of the effort to increase your organizations reliance on data for planning, operation and management, you plan to hire two senior data analysts to your data analytic team. To strengthen your case, you decided to write a memo to further demonstrate the power of predictive analytics to your organization’s board. In this memo, you highlighted the following:
1. Highlight the benefits of employing analytics for healthcare decision making
2. Demonstrate the utility of predictive analytics for healthcare decision support.
a. For this demonstration, review six healthcare research studies (studies provided in this week’s resource) and provide a summary in table shown below. Incorporate this table in your memo.
b. Although complete, make your table entry as succinct as possible.
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Study problem |
Study purpose |
Predictive Analytic Technique Used |
What data was used for prediction |
Time Duration if applicable |
Finding |
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1 |
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2 |
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3 |
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4 |
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5 |
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6 |
1
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