Healthcare Cost Analysis

A nationwide survey of hospital costs conducted by the US Agency for Healthcare consists of hospital records of inpatient samples. The given data is restricted to the city of Wisconsin and relates to patients in the age group 0-17 years. The agency wants to analyze the data to research on healthcare costs and their utilization. Goal was to find,

1. The age category of people who frequents the hospital and has the maximum expenditure
2. The diagnosis-related group that has maximum hospitalization and expenditure
3. If the race of the patient is related to the hospitalization cost?
4. The severity of the hospital costs by age and gender for the proper allocation of resources
5. The length of stay can be predicted from age, gender, and race
6. The variable that mainly affects hospital costs.