Oct 10, 2023
Derek Streat, Founder and CEO of DexCare, has created an orchestration platform that helps manage healthcare's demand and supply sides. As a data-driven intelligence company, the focus is on allocating limited resources to drive maximum productive utilization for all stakeholders. While there are often conflicting goals, using large data sets, risk models can be developed to meet the needs of patients, providers, and payers and better manage access to and cost of healthcare.
Derek explains, "For the benefit of providers, patients, and health systems, those resources must be allocated. Those precious resources, with limited time and quantity, need to be allocated in a way that makes them the most productive utilization of those resources. We all know that, again, the reason that we often have to wait a long time to get access to care. Whether it's sitting in a waiting room in an ED or waiting weeks or months to get access to a specialist, the reason that happens is often there's a misallocation or misalignment of how those resources are allocated to patients. We figured out a way to do that better so that the capacity of those resources can be extended in a way to service more patients."
"The sad reality of one of the major rate limiters in healthcare access these days is that there aren't enough skilled people around to take care of all the people that need to be taken care of. And with an aging population and people living longer and all those things, the human resources we have only go so far. This is also in the face of declining numbers, declining enrollments in medical institutions, etc. And so, you've got to have technology to help extend the capacity of doctors, nurses, and so forth, who are taking care of folks."
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