Related Experiment Video
Updated: Nov 20, 2025
14:32
Using Visual and Narrative Methods to Achieve Fair Process in Clinical Care
Published on: February 16, 2011
24.1K
Application of Portfolio Theory to Healthcare Capacity Management
Carina Fagefors1,2, Björn Lantz2,3
1Department of Pediatric Anesthesiology, Intensive Care and Neonatology, Sahlgrenska University Hospital, 413 45 Gothenburg, Sweden.
International Journal of Environmental Research and Public Health
|January 20, 2021
Summary
Applying portfolio theory
Area of Science:
- Healthcare Management
- Operations Research
- Health Services Research
Background:
- Global healthcare systems face rising demand and limited capacity, leading to long patient wait times.
- Improving healthcare access requires optimizing resource utilization and efficiency.
- Managing system variations is crucial for effective healthcare delivery.
Purpose of the Study:
- To investigate the application of mean-variance methodology from portfolio theory as a capacity pooling approach in healthcare.
- To demonstrate how capacity pooling can enhance healthcare system efficiency and patient access.
- To explore the theoretical dimensioning of efficient pooling organizations.
Main Methods:
- Utilized basic mean-variance methodology from portfolio theory.
- Developed a numerical example with fictitious data to illustrate the capacity pooling concept.
- Applied theoretical analysis to healthcare system capacity management.
Main Results:
- Identified opportunities for more efficient capacity utilization within healthcare systems.
- Demonstrated the potential to increase service levels with existing capacity.
- Showcased that mean-variance analysis can theoretically guide the optimal organization of pooling.
Conclusions:
- Portfolio theory offers a viable framework for capacity pooling in healthcare.
- Implementing capacity pooling can lead to improved healthcare efficiency and patient outcomes.
- Further discussion is needed on the practical implementation of this methodology in healthcare settings.
Related Concept Videos
01:15Methods of Documentation VI: Case Management Model
727
The case management model is a multidisciplinary approach that involves healthcare professionals from diverse disciplines, such as physicians, nurses, therapists, social workers, and pharmacists, working collaboratively to address the various needs of patients. Each healthcare professional brings unique expertise and perspectives, contributing to a more comprehensive understanding of the patient's condition and tailoring treatment plans accordingly.
For example, a patient with a chronic...
For example, a patient with a chronic...
727
01:26Methods Of Healthcare Delivery System
3.7K
At the different levels of the healthcare system, we see varying methods of healthcare used. These methods include managed care systems, case management, and primary healthcare.
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is...
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is...
3.7K
01:18Introduction To Health Care Delivery System
3.5K
The healthcare system is constantly changing and complex. Various services are available from different healthcare providers, but gaining access to these services has become challenging for people with limited healthcare insurance. Uninsured people present a challenge to healthcare because they frequently postpone or forego treatment.
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...
3.5K
01:29Issues And Trends In Healthcare Delivery System
6.0K
The issues and trends in healthcare delivery are constantly changing. The COVID-19 pandemic is one recent issue that wreaked havoc on healthcare systems, causing a shortage of healthcare workers, high demand for medicines and supplies, and increased medical expenditure due to a lack of insurance. Other issues include rising healthcare costs and care fragmentation.
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
6.0K
01:30Health Information Technology and Healthcare Information System
1.1K
Health Information Technology (HIT)
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
1.1K
01:27Nursing Clinical Information System
1.0K
Nursing Clinical Information System (NCIS)
A Nursing Clinical Information System (NCIS) is a specialized type of healthcare information system tailored to meet the unique needs of nursing practice. It incorporates the principles of nursing informatics to streamline information management and improve the quality of care delivery.
Critical attributes of NCIS include:
A Nursing Clinical Information System (NCIS) is a specialized type of healthcare information system tailored to meet the unique needs of nursing practice. It incorporates the principles of nursing informatics to streamline information management and improve the quality of care delivery.
Critical attributes of NCIS include:
1.0K