Beyond the obvious priority of improving the health of patients, you have a number of levers to push and pull when it comes to improving your revenue cycle. One of those levers involves better meeting patient demand with more availability from your providers. But how do you do that?
Actively managing both supply (i.e., capacity) and demand (e.g., patients) has been a consistent challenge for healthcare systems. Recently, this challenge has evolved throughout the industry with the introduction of new government policies (e.g., Affordable Care Act), new market entrants (e.g., CVS retail clinics), and a shift toward consumer-driven patient dynamics. In this white paper, Nordic Director of Optimization Solutions Rick Shepardson reviews how supply and demand economics can play out at a more micro level for a given population and how healthcare systems can keep these forces in balance by offering