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Heffernan's article explores the benefits of risk analysis technology for healthcare organizations.
"How can healthcare organizations accurately assess risk?" asks Heffernan. "For many healthcare providers, risk analysis technology, which utilizes a computational method called Monte Carlo simulation, has proven to be a valuable asset in understanding risk factors and making crucial decisions that address real-world healthcare concerns, such as determining optimal staffing, patient capacity and facility expansion."
Several applications of risk analysis technology for healthcare are explored, including avoiding staffing shortages, patient capacity projections, and facility expansion.