Study on The Improved Lasso Regression Model for Predicting Medical
Expenses
- Jingjiao Li,
- Jinbo Gu,
- Aiyun Yan,
- Shuowei Jin,
- Aixia Wang
Abstract
With the improvement of medical consumption level, patients have more
and more demand for the prediction of treatment costs. However, the
prediction accuracy of existing research methods is low when the amount
of data is small. In order to solve this problem, a weighted lasso
regression method is proposed to predict the treatment cost based on the
electronic medical record. Firstly, a set of transformation method of
text-based medical record data is established, and the missing values
are supplemented according to the clustering distance to realize the
data representation of medical records. Then, in view of the low
prediction accuracy of the traditional regression model, the lasso
regression model with local weighting is established by introducing the
data feature weight into lasso regression method. Finally, the model is
verified by the medical record data provided by the hospital, and the
results show that the model has higher prediction accuracy.