Blue cross and blue shield system

Assignment Help Operation Management
Reference no: EM13904635

Blue Cross and Blue Shield System (BCBS), which provides healthcare insurance to nearly 33 percent of Americans, is a successful user of predictive analytics. It has established a database that contains more than 100 million medical claims. To control increasing medical costs, BCBS uses predictive analytics to identify the risk factors that lead to several chronic diseases. It also uses predictive analytics to identify individuals who are at heightened risk of getting such diseases. The goal is to be able to use the data to get doctors to provide better, more targeted care for high-risk patients, reducing their need for expensive, long-term treatment.

Write a paper that expands on the discussion as to how Blue Cross Blue Shield is using analytics to improve their business and save time and money. Address how they incorporated the software system into their daily business

Reference no: EM13904635

Questions Cloud

What is the expected monetary value : A manager must decide how many machines of a certain type to buy. The machines will be used to manufacture a new gear for which there is increased demand. The manager has narrowed the decision to two alternatives:  What is the EMV (expected monetary ..
According to bandura-perceived self-efficacy : According to Bandura, perceived self-efficacy can be defined as people’s judgments of their own capabilities to organize and execute courses of action required to attain designated types of performances.
Three reasons bonnie should use such service : Bonnie Carson has owned and managed her gift and card shop in the Central Shopping Mall for three years. She has a merchant account with her local bank to process payment card charges at her shop in the mall. Identify at least three reasons Bonnie sh..
Benefits of learning organizational behavior : We are not arguing that all business press articles-or all studies done by organizations-are inaccurate. But these examples do illustrate one of the benefits of learning organizational behavior. Put on your investigator hat, ask questions, analyze..
Blue cross and blue shield system : Blue Cross and Blue Shield System (BCBS), which provides healthcare insurance to nearly 33 percent of Americans, is a successful user of predictive analytics. It has established a database that contains more than 100 million medical claims.
Requirements minimum cost-include steel and holding costs : During the next two months, General Cars must meet (on time) the following demand for trucks and cars: month 1 – 400 trucks, 800 cars; month 2 – 300 trucks, 300 cars. During each month, at most 1000 vehicles can be produced. Formulate an LP to meet t..
What will the ph of this new solution be : Assume you have prepared 100.0 mL of a buffer solution using 0.400 mol of acetic acid (pKa = 4.74) and 0.400 mol of sodium acetate. The pH of this buffer solution is initially 4.74. After preparing this buffer solution, you added 55.0 mL of a 1.10..
Spurred by effective curbs in the acute care setting : Spurred by effective curbs in the acute care setting, Congress authorized DHHS to design and implement reformed payment systems in many settings for ambulatory patients. What is the impact these reimbursement systems have had on:
Loan and interest together at end of third year : Lets say that you borrow 1200 at 8% annual interest rate, compounded quartly, and plan to pay back the loan and interest together at the end of the third year. The sum to be paid can be determined from:

Reviews

Write a Review

Operation Management Questions & Answers

  Compare and contrast the pull and push promotion strategies

compare and contrast the pull and push promotion strategies. which promotion tools are most effective in each?

  Case study on classic knitwear

Prepare a case study on classic knitwear

  Did the fertilizer live up to its promise

Last summer, he tried a new fertilizer that promised a 50% increase in yield. He harvested 1900 pounds. Did the fertilizer live up to its promise?

  First checking for the cultural impact

Examines what the repercussions might be of applying a Western World theory in a non-Western area. Why would it be a risk to apply a Western theory without first checking for the cultural impact?

  Contrast the effects of various reward systems

Contrast the effects of various reward systems. Which are most effective?

  Which do you feel is the most difficult for epa to monitor

what would you recommend a company to do here. Give specific suggestions.

  Suggest logistics performance priorities

Suggest logistics performance priorities for the following, explaining why you have come to your conclusions:

  What are the factors that affect employee motivation

What are the factors that affect employee motivation and how a proper reward system can affect an employees motivation.

  Explain how many hours do you expect the assembly

Explain how many hours do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hours per unit valid or should the price be revised.

  What are implications for deciding not to take assignment

A company that needs help with implementing a process you have little familiarity with has contacted you. Although you could most likely learn it, you would not be a subject matter expert in the period in which they need you. You are certain you coul..

  Consider the case of a family-run business

Consider the case of a family-run business that operates one small local retail shop and its subsequent expansion into more locations and more stores. Describe the changes that are likely to take place in that business's organizational structure as i..

  Value-added processes across organizational boundaries

The design and management of seamless, value-added processes across organizational boundaries to meet the real needs of the end customer is called:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd