CISM 4350: Final Exam 2022 with complete solution, Rated A. 2022/2023.

CISM 4350: Final Exam 2022 with complete solution What is Business Intelligence? - use of an organization's data to - -Provide meaningful information and analyses for more efficient and effective decisionmaking -Trans ...

CISM 4350: Final Exam 2022 with complete solution What is Business Intelligence? - use of an organization's data to - -Provide meaningful information and analyses for more efficient and effective decisionmaking -Transform information into actionable strategies and tactics to improve the efficiency of the enterprise to -reduce costs -attract and retain customers -improve sales -improve health care delivery What is Data Mining? - DM is a subset of BI DM uses "raw" data to infer important "business" relationships DM is a collection of powerful set of techniques Data Mining's Virtuous Cycle - Identify the business opportunity Mining data to transform it into actionable information Acting on the information Measuring the results DSS - Computer program application that analyzes business data and presents it so that users can make business decisions more easily DSS - decision support systems EHR - electronic healthcare systems Enables a healthcare provider to support and optimize all of their processes CDSS - clinical decision support systems an interactive DSS designed to assist physicians and other health professionals with decision making with patient data. Health Information Technology for Economic and Clinical Health Act (2009 HITECH Act) - The "goal is not adoption alone but 'meaningful use' of EHRs — that is, their use by providers to achieve significant improvements in care." Meaningful Use - In order to receive the EHR stimulus money, the HITECH Act requires doctors to show "meaningful use" of an EHR system Health information exchange (HIE) - Health information exchange (HIE) has emerged as a core capability for hospitals and physicians to achieve "meaningful use" and receive stimulus funding. Healthcare vendors are pushing HIE as a way to allow EHR systems to pull disparate data and function on a more interoperable level. Meaningful Use - The main components:-The use of a certified EHR in a meaningful manner, such as e-prescribing. -The use of certified EHR technology for electronic exchange of health information to improve quality of health care. -The use of certified EHR technology to submit clinical quality and other measures. The purpose of the providers to prove Meaningful Use is so the government can show. -Improve care coordination -Reduce healthcare disparities -Engage patients and their families -Improve population and public health -Ensure adequate privacy and security ERP - enterprise resource planning What is Enterprise Resource Planning (ERP)? - Enables a company to support and optimize its business processes Integrates an organization's functions Finance Logistics Human Resources etc. Helps the organization run smoothly Real-time environment Scalable and flexible ERP Core Applications - Logistics -Sales & Distribution -Materials Management -Production Planning -Plant Maintenance -Quality Management Finance -Financial Accounting -Managerial Accounting -Asset Management -Treasury Human Capital Management -Personnel Management -Benefits -Payroll Benefits of ERP - -Improve alignment of strategies and operations -Improve productivity and insight -Reduce costs through increased flexibility -Support changing industry requirements-Reduce risk -Improve financial management and corporate governance -Optimize IT spending -Gain higher ROI faster -Retain top performers -Provide immediate access to enterprise information What is a Decision Support System? - DSS - IS supports organization decision-making -Rapidly changing data -Data from many different sources -Not easily specified in advance -Programmed business models