Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Examine the statements below. Which statement most accurately relates to the role of predictive analytics in health care organizations, given the pay-for-performance models faced today?
Examine the statements below. Which statement most accurately relates to the role of predictive analytics in health care organizations, given the pay-for-performance models faced today? a. Using data analytics to better understand the patient population can help an organization avoid OIG (Office of Inspector General) audits that may result in payment penalties. b. Predictive analytics represents the way for organizations to deliver more accurate research forecasts, evidence-based treatment protocols, and improved patient outcomes. c. Data analytics can be applied by organizations to identify changes in the Case Mix Index from fiscal year to year in order to aggressively maximize payment from insurers. d. Predictive analytics is defined as the use of data, statistical algorithms, and machine learning techniques to identify likely future outcomes based on historical data
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started