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Statistics

While often understated, health care statistics play a vital role in the everyday operations of an HCO. Oftentimes, a component of health care statistics is used while unknown to the individual utilizing that component.

Place yourself into the role of a health care administrator of a thriving regional hospital located within a major city within the United States. For the intent of this question, please select two topics below from the previously studied units. Please address why you chose these two topics and how you would utilize these two specific topics to gain a competitive advantage over competitors while ensuring maximum profitability for the organization.

Statistical terminology and health care data
Frequency distribution and tables
Patient data collection
Census
Percentage of occupancy
Length of stay
Hospital mortality rates
Obstetrical-related rates
Autopsy rates
Miscellaneous rates
Vital statistics data/rates
Measures of central tendency/dispersion
Graphic representation
Fundamentals of research

Your response must be at least 200 words in length, and you should fully explain the “how” and “why” as stated within the question.

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