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Predictive Analytics and Precision MedicinePredictive Analysis has immense potential in providing
powerful tools for identifying and addressing health risks,
improving patient outcomes and reducing healthcare costs. It is an approach to healthcare that uses an individual’s genetic, lifestyle and environmental data to develop personalized treatment plans. Predictive analytics plays a crucial role in precision medicine, can provide actionable insights and has a significant impact on:
- Clinical research
- Development of new treatments
- Discovery of new drugs
- Prediction and prevention of diseases
- Clinical decision support
- Quicker, more accurate diagnosis of medical conditions
- High success rates of surgeries and medications
- Automation of hospital administrative processes
- More accurate calculation of health insurance rates