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Data Mining. Mickey Schaefer, CFO Sutton County Hospital District. General Information. Data Mining - process of analyzing data from different perspectives and summarizing it into useful information Information gathered from data mining can help increase revenue and cut costs.
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Data Mining Mickey Schaefer, CFO Sutton County Hospital District
General Information • Data Mining- process of analyzing data from different perspectives and summarizing it into useful information • Information gathered from data mining can help increase revenue and cut costs. • Allows users to analyze data, categorize data, and find relationships within the data. • Fairly new term, but the technology is not.
General Information • Three major elements • Extract, transform, and load transaction data • Store and manage data • Present the data in a useful format for reporting
Data Mining and Health Care • Purposes • Clinical- compiling data across a group of people/illnesses/characteristics to find patternsto help manage more effectively and increase efficiency. • Financial- data helps to determine where costs can be cut and revenue can be increased • Examples • AHA reporting • DHS survey • ER visits