Healthcare Data Analytics Blog

Practical Analytic Approaches to Healthcare Challenges Since 2000, the rate of deaths from drug overdoses has increased 137%, including a 200% increase in the rate of overdose deaths involving opioids (i.e. opioid pain relievers and heroin).1 In fact, almost 40% of all opioid overdose deaths involved a prescription opioid.2 In addition to the loss of … Study Results on Claims Data: Can It Be Used To Understand Opioid Prescription Trends?

Practical Analytic Approaches to Healthcare Challenges Dr. Mark Fendrick conceptualized and coined the term Value-Based Insurance Design and is the director of the Value-Based Insurance Design Center (VBID) at the University of Michigan. His research focuses on how clinical payment and consumer engagement initiatives impact access to care, quality of care, and healthcare costs. He … Healthcare Waste: A Conversation with Dr. Mark Fendrick

Practical Analytic Approaches to Healthcare Challenges Machine learning is a hot topic in healthcare analytics today. Shea Parkes and Anders Larson, two of Milliman’s machine learning experts, started a podcast focusing on the subject for the Society of Actuaries (SOA) in 2015. The latest episode was posted May 1, 2018 and is called “Machine Learning … Society of Actuaries Podcast: Machine Learning Tools Overview

Practical Analytic Approaches to Healthcare Challenges Prescription drugs comprise the third-largest component of U.S. national health expenditures, behind only hospital care and physician services, according to the Centers for Medicare and Medicaid Services.[i] According to the QuintilesIMS Institute, invoiced sales of prescription drugs amounted to $450 billion in 2016, representing 13.4 percent of all U.S. … Pharmacy Prescription: Is It Generic Enough?

Practical Analytic Approaches to Healthcare Challenges Asthma is a lifelong disease. In addition to limiting a person’s quality of life, medically it is also associated with significant healthcare utilization and costs.[i] According to a survey in 2015, there were 5.9 million physician office visits and 2.0 million Emergency Department visits in the US because of … Clinical Economics of Asthma Controller Medication: Adherence & Outcomes