A pharmacy data analytics specialist (PDA) will be responsible for analyzing data collected from pharmacies, hospitals, or any other healthcare provider. The process analyzes the data available about the pharmacy, including patient and prescription data, to come up with insights to improve the healthcare system. This article will explore the four benefits of their usage in health facilities.
Improve Overall Efficiency
The healthcare industry faces many challenges from both the public and private sectors. These challenges include increasing healthcare costs, decreasing productivity, increasing health insurance fraud, and privacy threats. Data analytics can provide solutions to these issues by identifying trends in data and creating actionable insights that can help to improve the overall efficiency of the healthcare industry.
Increase Patient Satisfaction
Patient satisfaction is a key factor for any healthcare facility. The primary purpose of a data analytics specialist is to enhance patient satisfaction by providing valuable information about their needs. For example, a pharmacy data analytics specialist will be able to find out if there are any gaps in medications prescribed by doctors and ensure that patients are getting what they need in the correct dosage.
Improve Health Insurance Fraud Risk Management
Health insurance fraud is one of the biggest challenges all healthcare providers face across the United States. Data analytics can be used to reduce the risk of health insurance fraud by identifying patterns in data that indicate when there is an increased risk of fraud or abuse.
Optimize Patient Flow
Patient flow refers to the number of patients who walk through a healthcare facility’s doors. For example, if 10% more patients are walking into a hospital than usual, the hospital is running at a loss. Data analytics specialists will look at the data and determine where there are areas that need to be improved.