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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

AltexSoft

How many days will a particular person spend in a hospital? Today, we can employ AI technologies to predict the date of discharge. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. The average length of hospital stay across countries.

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In-Demand Business Analyst Career Paths in 2024

Knowledge Hut

A business analyst can be employed in a wide range of industries, including healthcare, education, finance, retail, and hospitality. Roles & Responsibilities Data analysis: Analyzing data to gain insights and make recommendations. Data preparation: Preparing data so that it can be used by other analysts and decision-makers.

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Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI

AltexSoft

Navigating the increasingly competitive hospitality sector landscape demands a thorough grasp of the vital performance indicators that display profitability. ADR , in the hospitality industry, stands for the average daily rate. Discover how revenue management functions in hospitality in our video. What is ADR?

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Top Data Analytics Certifications to Get in 2024

Knowledge Hut

Data Analytics is a process where data is inspected, transformed and interpreted to discover some useful bits of information from all the noise and make decisions accordingly. It forms the entire basis of the social media industry and finds a lot of use in IT, finance, hospitality and even social sciences. Why data analytics?

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AI in Short-Term Rentals: How Machine Learning Shapes STR

AltexSoft

According to “Hospitality in 2025: Automated, Intelligent…and More Personal” research by Oracle and Skift , over half of the executives responded that they’ve already implemented automated messaging for customer service requests or are experimenting with it. Key opportunities of adopting AI in the STR sector Automation and efficiency.

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Hotel Price Prediction: Hands-On Experience of ADR Forecasting

AltexSoft

Check out our video on how revenue management works in hospitality. This technology enables anticipating future trends and estimating ADRs for hotel or vacation rental properties. The complexity of the hospitality market. Hospitality data providers. OTAs and metasearch engines.

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An Extensive Guide To Understanding Predictive Models And Their Real-world Applications

U-Next

An evaluation of a sequence of data points over a period of time is carried out using this model. It is possible, for example, to predict how many patients will be admitted to the hospital next week, next month or the remainder of the year based on the number of stroke patients admitted to the hospital in the last four months. .