Data analysis is the process of turning raw data into useful information. Providing answers to the questions behind the data collection. Are we admitting enough clinically complex residents? Does our case mix support revenue and profit targets? Basically – are you achieving the objectives you set out to measure? If your data shows that your objectives are met then the next question is how do you replicate those results so they are consistent?
Data that isn’t properly analyzed can lead to increased risk and missed opportunities for improvement.