The ability to anticipate and respond to future challenges is crucial for health systems and hospitals. IQVIA's Healthcare Utilization Forecasting Solution empowers healthcare providers to optimize resources and enhance patient care through advanced analytics and proprietary forecast modeling.

Why Healthcare Utilization Forecasting Matters

Healthcare systems face numerous challenges, from fluctuating patient demographics to varying disease prevalence. Efficient resource allocation, financial planning, and patient care management are essential to navigate these complexities. IQVIA's solution addresses these needs by providing accurate forecasts of patient inflow and outflow, enabling organizations to allocate resources such as staff, beds, and medical supplies more effectively.

Key Benefits of IQVIA's Healthcare Utilization Forecasting Solution

• Resource Allocation: Plan for anticipated patient flow to allocate resources efficiently, ensuring optimal staffing levels and better patient care.
• Budget Optimization: Develop revenue and expense strategies based on historical and forward-looking data, aiding in budgeting and financial planning to maintain financial stability.
• Patient Care Management: Forecast patient needs and treatment outcomes to better manage care plans, anticipate measurable needs for specific treatments, and improve overall patient outcomes.
• Staffing Challenges: Anticipate patient volume fluctuations to plan staffing needs effectively, always ensuring appropriate staffing levels.

Technical Excellence

Built on IQVIA’s industry-leading healthcare data ecosystem, the solution leverages over 20 years of comprehensive data, including more than 1 million forecasting models. The solution provides long-term forecasts (3, 5, and 10 years) of diagnoses, procedures, population, socioeconomic, and managed care demands, offering the most granular sub-national lens of U.S. healthcare demand.

Real-World Impact

A large health system in the Midwest faced difficulties in resource allocation and financial planning due to the complexity and variability of patient demographics, diagnoses, procedures, and payer types. By adopting IQVIA’s Healthcare Utilization Forecasting Solution, the system improved resource allocation, enhanced financial planning, implemented targeted health interventions, optimized supply chain management, and ultimately improved patient care and achieved significant cost savings.

Elevate Your Health System’s Efficiency

You can now accurately forecast patient demand, optimize resource allocation, and enhance financial planning. Unlock the power of advanced analytics with IQVIA’s Healthcare Utilization Forecasting Solution.

Download the fact sheet for more information or schedule a demo with our team today to see the power of forecasted market and competitive insights in action!