Healthcare is one of the most important factors in how individuals perceive their quality of life.iBut quality health care comes at a price and precious healthcare funding is being lost to fraud, waste and abuse (FWA). In fact, an estimated $455 billion in global healthcare spending is lost every year – ultimately leading to lower quality care and higher premiums and taxes.ii
Everyone plays a role in combatting FWA, but healthcare payers are on the front lines. Recently, three major trends emerged that present an opportunity for healthcare payers to play a major role in combating FWA. Let’s take a look at the way these trends are changing the healthcare landscape.
1. Plenty of healthcare data, not enough insights
Healthcare executives would like to leverage big data, but only a few are able to gain the insights and visibility needed to garner the…
The Associated Press delivers 2017 Virginia gubernatorial primary results with Microsoft Power BI publish to web.
For more than 170 years, The Associated Press (AP) has told the world’s biggest and most important stories, from the assassination of Abraham Lincoln to the fall of the Berlin Wall, and more recently Brexit and the 2016 U.S. presidential election.
Today, when news is frequently accompanied by massive quantities of data, reporting means making sense of all that data, and AP continues to lead the way in data journalism. The news agency, with locations in more than 100 countries, provides newsrooms worldwide with data-driven reporting on everything from politics, business, environmental science and public safety to sports, education and more. Recent AP data journalism efforts uncovered water quality issues in public and private water systems, analyzed the history of refugees from the seven countries included…
The Microsoft Treasury group manages $158 billion in assets, including cash and investments, account receivable, equity, and other investments. They act as an in-house bank for operations in over 190 countries, monitor thousands of bank accounts, and provide just-in-time cash management on a global basis. With a preview this large, Microsoft Treasury relies on vast amount of data in order to make fast, accurate, and actionable decisions to keep their operations running smoothly.
In the past, Treasury used a combination of Excel, PowerPoint, and third-party services to analyze and present their data, but Corporate VP, Treasurer George Zinn saw the future in the integration of a different product: Microsoft Power BI.
Power BI is a cloud-based suite of business analytics tools that make it easy to combine data from multiple sources, analyze and visualize information, and share insights. It features easy drag-and-drop…