Healthcare Investment and Length of Hospital Stay
Completion Date:
Project Overview
In healthcare industry, hospitals and healthcare facilities invest on different equipment and knowledge to enhance the care given and reduce the amount of time a patient stays in the hospital. Based on the increasing technology investments like Hospital beds, CT Scanners and MRI Units are seen to play a major role in reducing the hospital stay across the globe. With the reduction in hospital stays the cost incurred by the patient is reduced and also the hospitals are able to admit new patient thus increasing the number of people that receive care. In this project we will analyze the Length of hospital stay in relation to healthcare investments between 1990-2018 and see what kind of impact has investment had on Hospital stay
Role:
Problem Statement
With the increasing cost of healthcare and also the population healthcare facilities and patients are looking on a way of getting care where the patient wants to spend less time in hospitals and hospitals want to take care of as many patients as possible to increase the revenue. According to statistics the average length of stay in 2017 was slightly less than 8 days in Organization for Economic Co-operation Development (OECD) Countries. Also healthcare facilities with 200 beds or more are associated with longer stays and a bed occupancy rate of 70% or more is associated with shorter stays. The investments in the healthcare is focused on lowering the hospital stays while giving the needed care.
Executive Summary
Data Dictionary
Key Takeaways
N/A
Next Steps
N/A
Deployment
Now you can interact with my dashboard
