Select one of the following discussion questions to respond to:
Think of an issue in your home or workplaces that you would like to be able to investigate the cost efficiency-what it is and how would you evaluate the costs?
or
Does healthcare need to evaluate costs using data mining techniques?
Answer:
Data mining involves the examination, organization and recognition of patterns in multiple information sets and focuses on disciplines such as database technology, machine learning, artificial intelligence and statistics (Srinivas, Rani & Govrdhan, 2010). It can be used to uncover particular results such as overpayment as well as identify and predict situations surrounding the events in order to surge proactive prevention of the situation. There is a high growth of electronic health records that are being collected in healthcare facilities as a way of offering accurate and quality health care services to patients……click below to purchase the full answer at $5
