Description
Please provide a response for the attached peer and include references as well (first attachment). Please answer the below discussion post as well.
(Please use Texas Health Resources to answer the question below)
Framing the Problem/Opportunity
Using the organization you selected in Week 1, identify a specific problem or opportunity that can best be addressed through the analysis of data. Your "area of opportunity" could fall into any functional area in business: leadership, people management, finance, operations, marketing, etc. The choice is yours, but the opportunity you identify must be a "significant" one, worthy of the attention of the CEO and the Board of Directors.
- What sort of data should you gather and analyze to accurately assess the problem or opportunity? Is it sales data, demographic data, product performance data, or another type of data?
- Explain why this type of data is needed for this particular problem or opportunity
- How will you obtain this data?
- What is your hypothesis (prediction) of what the data will tell you?
References: https://www.projectmanager.com/blog/business-forec...
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Explanation & Answer
Attached. Please let me know if you have any questions or need revisions.
Texas Health Resources: Framing the Problem/Opportunity
Student’s Name
Professor’s Name
Course
Date
Texas Health Resources: Framing the Problem/Opportunity
· What sort of data should you gather and analyze to accurately assess the problem or
opportunity? Is it sales data, demographic data, product performance data, or another
type of data?
As mentioned in the first week, Texas Health Resources has done well in integrating
technology into their health systems. It also accepts insurance plans and issues out a 185 dollar
flat rate for those not insured. However, healthcare costs are not reducing any time soon.
Consumers are still getting a hack about medical bills and the benefits that accompany insurance,
and they want better online tools to manage their bills online effectively. The importance of
online health services is also increasing due to Covid-19 pandemic. Therefore, Texas Health
Res...