Significance of Statistical Application in Public Health

Health Statistics
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Health Statistics
Introduction
By conducting quantitative research, many modern-day healthcare professionals are taking advantage of discreet and descriptive numbers in their lines of duty. Such numeric data remains helpful to measure the utility costs and efficacy of various goods and services related to healthcare delivery. Consequently, accurate data remains helpful in making related decisions and ensuring that the policies established deliver huge benefits (Dash et al., 2019). Additionally, health statistics play an essential role in identifying trends and patterns within the population. Such data can also be made available for comparison with similar data from other regions, states, and countries. Across different healthcare segments, healthcare statistics have been used significantly to increase productivity and efficiency of service delivery. Below are some of these key segments and how they apply and benefit from such statistics.
Pharmaceutical Companies
Drug manufacturers are routinely making use of statistical data in a bid to ensure they manufacture only the best goods and services. As Steinwandter et al. (2019) explain, statistics are essential for such companies as they help measure the performance of new treatments to determine their success or failure rates. Steinwandter et al. (2019) also explain that discreet statistics help establish benchmarks and service standards that managers and supervisors can use to judge future outcomes. For instance, every new drug is expected to undergo various trials before being approved for human use. Each stage set by the Federal Drug Agency for a new drug to be approved ensures that a drug is subjected to quality assurance tests before it enters the market. The significance of data during this phase cannot be under-estimated because it is only then that the safety of new drugs entering the market is assured.
Equally, pharmaceutical companies also use various statistical figures such as the morbidity and mortality rates attributable to a disease to determine the most needed drugs. In this regard, conditions with high morbidity and mortality receive the required attention and investments to develop cures or vaccines. As Steinwandter et al. (2019) explain, such prioritization also helps to ensure that many of these drug companies stay afloat by helping to prioritize their investment decisions in a manner that maximizes the likelihood of making a return. Diseases that affect a large portion of the population simultaneously ensure that the drug manufacturers who formulate a cure can benefit from enough demand for the drug to justify the enormous cost outlay.
Workplace Safety
Additionally, the availability o...