Question

Topic: Healthcare Analytics Framework

Subject Area coursework

Required Wordcount

2 page(s)/276 to 550 Words

Citation Style

APA Style

Details:

The use of healthcare analytics is an important step towards providing value to the transformation; this is taking place in the use of big data to assess areas of cost, innovation, productivity, and safety. These areas create value in the healthcare organizations as executives and leaders seek advanced decision-making metrics.

Based on the aforementioned benchmarks the use of the Health Analytics Continuum and the Value Life Cycle will create increase in both data quantity and quality in any chosen hospital department (clinical, operations, or financial).

For this discussion you are to choose one area for the Healthcare Value Framework and one from the Value Life Cycle and discuss how each adds to the overall Healthcare Analytics Framework

Answer 1

Health care value frame work in patient centered with practice guidelines patient-physician decision making care..It provide clear new standard decision making..This frame work in cost effective analysis help health care decision and intervention to focus on policy issues and community well being among various population..this value framework consider in many aspects of disease problems with benefits and harms of interventions..Value frame work treat the harm and focus on active therapy..It suggest feasible options for patient rather than therapeutic intervention..value framework consist of patient-perspective framework.. value framework possible with use of data in clinical trials by electronic records information..value framework needed education for medical and public health training,it focus on cost effectiveness analysis with comprehensive set of metrics..
Value life cycle  in health care system consider  health technology process with different stakeholders involvement..it involve in indirect and unintended consequences and focus on decision making regarding health technologies..It can be applicable by interdisciplinary group with the use of analytical framework..Innovative medicine initiative focus on social need to unmet medical condition..Technology life cycle in real practice main concept provide systematic, and competence..budget release innovation seek greater value and better allocation of resources..