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2017 Predictive Analytics in Healthcare Trend Forecast

The Society of Actuaries has put together a nice survey focused on predictive analytics for the healthcare space - some key points are:

  • 93% say predictive analytics is important to the future of their business

  • 89% of providers currently use predictive analytics or plan to begin in the next 5 years

  • 47% of providers currently use predictive analytics

  • 57% of executives forecast predictive analytics will save their organization 15% or more over the next 5 years, with 26% forecasting saving 25% or more over the next 5 years. (Among respondents whose organization currently uses predictive analytics)

article dated 2017