Question

Why is data mining crucial for health care leaders to understand and perform?

Describe one example of a specific applcation used for data mining.

Answer 1

Ans)Data mining is the process of discovering actionable information from large sets of data. Data mining uses mathematical analysis to derive patterns and trends that exist in data

- In business, data mining is useful for discovering patterns and relationships in data to help make better decisions. Data mining helps in developing smarter marketing campaigns and to predict customer loyalty. ... Data mining helps retail companies as well.

- Future Healthcare - data mining application.
Data mining holds great potential to improve health systems. It uses data and analytics to identify best practices that improve care and reduce costs. Researchers use data mining approaches like multi-dimensional databases, machine learning, soft computing, data visualization and statistics. Mining can be used to predict the volume of patients in every category. Processes are developed that make sure that the patients receive appropriate care at the right place and at the right time. Data mining can also help healthcare insurers to detect fraud and abuse.