Predictive Modeling is a term that has become a hot button in many industries. Done properly, predictive modeling has the power to improve efficiency and outcomes in almost infinite ways.

Here’s an article published in the WorkCompWire about Predictive Modeling that focuses on the workers’ compensation insurance industry. The concepts apply to many industries and I tried to lay the concepts out in simple terms so it may be a good read for anyone interested in learning more on the topic.