Advanced Analytics

What is Advanced/Predictive Analytics?
MCC analyzes data at a microanalytic level. This is done by using statistical modeling. This technology drives decision-making. Business decisions and key performance indicators determine the algorithms to deploy. MCC works with your executives to interpret the data so that areas of risk are identified 6-9 months in advance. Risk is mitigated as interventions are implemented.

Has this technology been used in business?
For many years, industries outside of healthcare (e.g., manufacturing, telecommunications, and finance) have harnessed the power of advanced analytics to improve performance. Healthcare has, in recent decades accepted these technologies.

What are the areas of application for advanced/predictive analytics in healthcare?
Advanced/ predictive analytics has many areas of application in healthcare. Success has been achieved in both the fiscal and clinical areas of the Industry. This includes clinical outcomes, value enhancements, and efficiencies.  Additional benefits include improved patient and provider satisfaction.

Why has healthcare been slow to embrace advanced/ predictive analytics?
There are many reasons as to why the healthcare industry has been slow to adopt this advancement. Some organizations are not “culturally” ready. For others, such technology is cost-prohibitive. Those organizations that have implemented advanced analytics have a “first mover” advantage in the industry. MCC delivers an affordable alternative designed for an actionable change!