Cross-Industry Insights: Applying BI Innovations from Other Sectors to Healthcare
DOI:
https://doi.org/10.63397/ISCSITR-IJCSE_02_01_002Keywords:
Healthcare analytics, Business Intelligence (BI), Predictive Analytics, Cross-industry innovation, Data visualization, Process optimizationAbstract
It is common to find that various industries have used Business Intelligence (BI) tools to transform data into tangible insights. Healthcare has, to a certain extent, embraced BI, whereas such sectors as retail, finance, and manufacturing have been more aggressive and innovative in the use of BI. This article thoroughly discusses how BI practices in other sectors can successfully be integrated into the healthcare sector. The exchange of strategies such as predictive analytics, customer segmentation, real-time dashboards, and data-driven operational efficiency from other industries into healthcare can enhance patient care, reduce healthcare costs and deliver operating efficiencies. The survey in the paper discusses the well-known BI methodologies in industries before January 2021, outlines their prospects of application in healthcare, and suggests the structured methodology of bringing them into clinical and administrative workflows. This work expands the description of case studies and simulations, improving how quickly decisions are made and patient outcomes.
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