Predictive Analytics Used to Determine Hospital Bed Capacity

Hospital bed availability changes daily, especially during COVID-19, as patients are admitted and discharged. @RISK gives staff a real-time look at data as it evolves, so they can develop models from different variables. … The probabilistic or stochastic models, such as @RISK, examine a wider range of possibilities and how likely each one is to occur. “I just quit paying attention to those other models,” Yennie said.

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Hospital bed availability changes daily, especially during COVID-19, as patients are admitted and discharged. @RISK gives staff a real-time look at data as it evolves, so they can develop models from different variables. … The probabilistic or stochastic models, such as @RISK, examine a wider range of possibilities and how likely each one is to occur. “I just quit paying attention to those other models,” Yennie said.

Click here to read the article.