Utilizing Multivariate Analytics for Decision Support to Enhance Patient Demand Forecasting

Introduction

Hospitals face increased pressures to lower cost while maintaining quality care for patients. At the same time, they are seeing increased demand for services, particularly in the area of mental health.

Many mental healthcare facilities rely on governmental funding to provide a host of mental health services. Unfortunately, the funding provided by the government is shrinking due to continued federal budgetary pressures. To make matters more difficult, the demand for mental health services has experienced drastic increases over the past few years due to factors such as increased demand from returning military service members,

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