Health care system is increasingly getting data-reliant and data-dependent. Data analytics can help derive insights on resource management (both human and physical resources), can track individual practitioner performance, and can even track the health of populations and identify people at risk for chronic diseases. The hospital administration data can be analysed to get insights on admission, readmissions, bed occupancy, disease-wise performance, readmission rates, etc. Also, it can also analyse and rate the performances of the providers of various medical drugs and equipment. It also helps in conducting predictive analytics on prescription data.
On the other hand, Pharmaceutical companies can use predictive analytics for finding and establishing best practices for clinical trials based on their past trials or a database of trial data from other companies.
