Logo - Keyrus
  • Playbook
  • Services
    Data advisory & consulting
    Data & analytics solutions
    Artificial Intelligence (AI)
    Enterprise Performance Management (EPM)
    Digital & multi-experience
  • Insights
  • Partners
  • Careers
  • About us
    What sets us apart
    Company purpose
    Innovation & Technologies
    Committed Keyrus
    Regulatory compliance
    Investors
    Management team
    Brands
    Locations
  • Contact UsJoin us
Blog post

2 min read

Forecasting Patient Demand for Strategic Workforce Planning in the Healthcare Industry

By Erin Bayliss

A shortage in skilled healthcare workers and increased patient demand have made accurately forecasting headcount needs critical for workforce planners in the healthcare industry. Due to this shifting supply and demand, hospitals require strategic workforce plans to meet this demand while remaining cost-effective.

Aging populations, an increased prevalence of chronic diseases, technological advances, and new treatment types have shifted patient demand and workforce supply.

Creating a cost-effective, strategic workforce plan requires planners to be able to forecast and adjust to trends and changes on both the demand (patient) and supply (skilled worker) side.

The following demo video showcases how operations can combine their historical patient demand data with statistical forecasting methodologies to calculate future patient demand. By leveraging Anaplan, a cloud-based planning platform, planners can review their baseline forecast and adjust for seasonal and long-term trends to determine patient demand.

Once the baseline patient demand is set, it is converted into a capacity plan for nursing headcount. This forecasted headcount can be adjusted through nurse-to-patient ratios, non-productive time, and attrition rates to finetune the workforce needs further.

After the headcount plan has been determined, it can be seamlessly passed along to HR to create requisitions for headcount.

For more information on our solutions, please reach out to epm@keyrus.com.

Related Articles
  • Expert opinion

    Top 10 Tableau Cloud Migration Challenges

  • Webinar

    Everything You Need to Know About GenAI Governance in Non-Profits

  • Press release

    Keyrus EPM and ActiveOps Announce Strategic Partnership

  • Expert opinion

    Secure, Efficient, Future-Proof: The K Convert Advantage in Code Migration

  • Webinar

    Join Keyrus and AWS at our AI Governance for Nonprofits Webinar

Logo - Keyrus
New York City

252 West 37th st., Suite 1400 New York, NY 10018

Phone:+1 646 664 4872