Healthcare analytics is also known as clinical data analytics which is the branch of analysis that offers insights into patient records, hospital management, diagnosis and more providing insights on macro and micro levels. Healthcare analytics helps in providing real-time data that can help in deciding the course of future treatment of the patient.
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Analytics can be used in multiple ways in today’s healthcare setting, like:
Clinical variability (cost/quality/outcomes) assessment
Top Key Players:
SAS Institute Inc.
Verscend Technologies Pvt. Ltd
By Components (solution, services), Deployment Model (Cloud, On Premises, Hybrid),Organization Size (Large Enterprises, Small And Medium Sized Enterprises (SMES) ),Vertical (Capital Markets, Banking Financial Services and Insurance (BFSI) ), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
The U.S. Healthcare Analytics Market is segmented into five notable segments such as Type, Component, Delivery Model, Application, and End User.
On the basis of type, the market is segmented into predictive analytics, descriptive analytics and prescriptive analytics.
On the basis of component, the market is segmented into software, hardware and services. The services segment is sub-segmented into support services and business analytics services.
On the basis of delivery model, the market is segmented into on-demand and on-premise.
On the basis of application, the market is segmented into clinical analytics, financial analytics, operational and administrative analytics and population health analytics. The clinical analytics segment is sub-segmented into quality improvement and clinical benchmarking, clinical decision support, regulatory reporting and compliance, comparative analytics/ effectiveness and precision health. The financial analytics segment is sub-segmented into claims processing, revenue cycle management (RCM), payment integrity and fraud, waste, and abuse (FWA) and risk adjustment and risk assessment. The operational and administrative analytics segment is sub-segmented into supply chain analytics, workforce analytics, enterprise performance, supply chain analytics, market intelligence, research analytics and strategic analytics. The population health analytics segment is sub-segmented into population risk management, population care management, patient engagement, clinical outcome management and activity-based costing.
On the basis of end user, the market is segmented into healthcare payers, healthcare providers and ACOS, HIES, MCOS, and TPAS. The healthcare payers segment is sub-segmented into government agencies, private insurance companies and employers and private exchanges. The healthcare providers segment is sub-segmented into post-acute care organizations, hospitals, physician practices, and IDNS and ambulatory settings
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This post was originally published on Market Reports