Archive for the ‘Data Mining’ Category

Hospitals are being empowered with data mining for better patient payments

Friday, May 14th, 2010

Yes, Hospitals are now keenly observing their customers! Yes, not only watching over the patiences and saving lifes, but also at the after process where the client could potential be a back burner during payments, and need to be chased down the road for bill payments.

The goal of the process is to catch the patients before they leave the hospital, help them realize the various options with respect to payments, and avoid chasing them later. The billing software companies are helping hospitals by providing information on patients who have enough assets to make payments.

“We know that 30 percent of the population won’t pay because they can’t afford to, and 30 percent will pay, said Stephen Mooney, president of Conifer’s Revenue Cycle Solutions unit in Frisco, Tex. His company aims to identify the remaining 40 percent who have some assets but need help figuring out whether and how they can afford their bill” –  BusinessWeek

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Infection control programs are using data mining technology

Friday, May 7th, 2010
Infection control within hospitals is a huge and a rapidly growing problem.In response, Medicare and private insurers are restricting payment for care of patients with HAIs. While many hospitals have made infection control a top priority, the historic challenge facing nurses, physicians, pharmacists and others charged with managing this problem has been combing through hundreds of records every day to identify trends or track individual patients.All hospitals, even small ones, contain huge amounts of data in paper and electronic records, often contained in separate departments or software applications. Here is where data mining plays a major role. Data mining is now being used to automatically monitor clinical information among these disparate data sets including pharmacy, lab, admission/discharge and medical transcripts.By applying algorithms such as, association rules, Bayesian classification and regression analysis to large data sets to identify patterns and meanings, hospitals  can spot trends that would otherwise be hidden and not available with simple reports.
[Infection Control Today]
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Data Mining helps win a Pulitzer

Sunday, April 18th, 2010

2010 Pulitzer Prize winners for Journalism: Awarded to the Bristol (VA) Herald Courier for the work of Daniel Gilbert in illuminating the murky mismanagement of natural-gas royalties owed to thousands of land owners in southwest Virginia, spurring remedial action by state lawmakers.

Gilbert spend over 13 months to get to the bottom of the issue, and this investigation also  involved data mining knowledge to catch the irregularities. His work uncovered millions in delinquent payments to landowners thanks to a Virginia law that allowed natural gas companies to set up a complicated royalty system that often never meted out money to its rightful owners. It resulted in making changes in this law which are currently being reviewed.

About Pulitzer Prize:
The Pulitzer Prize is a U.S. award for achievements in newspaper journalism, literature and musical composition. Prizes are awarded yearly in twenty-one categories. In twenty of these, each winner receives a certificate and a US$10,000 cash award.

[EditorandPublisher]

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SAS leading the way in social media data mining with new tool offering

Sunday, April 18th, 2010

Recently, we did read about large corporations using data mining especially partnering with social networking sites to improve there product offering. Yes, social data is now a valuable commodity. Facebook, Twitter and other online forums, provides a rich source of user sentiment, which is of immense value. Today companies are building tools which would help make sense of the data. Once such tool in focus is SAS Social Media Analytics by SAS Institute.

SAS Institute, the leader in advanced business intelligence and data analytics software, thinks it can do better. It is introducing a software service on Monday called SAS Social Media Analytics that analysts say seems to represent a step ahead in social media analysis tools.

[Read more New York Times]

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