As the science of analysis, analytics is the combination of statistical methods with information technology to solve problems. Analytics is the process of determining a precedent, or predicting an outcome, based on existing data. Generally, business analytics is the application of industry-leading business intelligence, data mining and data warehousing technologies to identify patterns using large, complex data sets.
Predictive analytics is used to forecast results – literally predicting the future – from those same data sources. In all cases, for analytics to be successful, data from all sources must be well managed to ensure integrity and quality of the results.
Analytic techniques are directly applicable to all aspects of Federal healthcare, where the need to increase accuracy and timeliness of predictions has never been greater. Healthcare analytics span from typically business-oriented applications, such as financial forecasting, to life sciences research support using bioinformatics.
Delta Solutions uses analytics to solve large and complex challenges for clients, including the following examples:
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Performance Management –
our depth of financial reporting solutions for Federal agencies enables effective budgeting, forecasting, obligation and tracking of results relative to key performance metrics.
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Program Integrity –
our expertise in credentialing and fraud detection enables prevention of unauthorized transactions, or indentifying improper payments in completed transactions.
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Workforce Management –
our experience using historical data to predict staff activity and other proactive workforce modeling enables effective human resources planning and management.
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Population Health Management –
our predictive analytics capability is directly applicable to a variety of public health analytics, surveillance and incidence response requirements.
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Clinical Informatics –
the application of these same capabilities enables forecasting efficacy of protocols and drug treatments and enabling effective clinical decision support.
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Bioinformatics –
the large scale and complexity of health and life sciences research require effective analytics to accelerate discovery and the transition of new capabilities into healthcare delivery.
Examples of Delta Solutions’ analytics projects include:
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Fraud Detection – Delta Solutions is working with a Federal healthcare agency to preclude improper payments to providers of healthcare services to veterans.
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Workforce Analytics – Delta Solutions is helping a U.S. Government Agency forecast retention of staff and thereby manage its workforce more effectively.