Mental Health and the Supply Chain
For the week of August 28, 2016
A recent study conducted by the U of M underscores the difficulty in predicting the healthcare demand from patients who suffer from mental illness. This flaw in supply chain affects the access and affordability of treatment.
Guest: Kingshuk K Sinha, Department Chair and Professor in the Supply Chain and Operations Department at the Carlson School of Management, University of Minnesota
- Part 1 – 12:48
Part 1 In the US, one in five adults will suffer from mental illness; yet, because of a persistent social stigma, the invisibility of mental illness can lead to difficulty forecasting the demands for mental healthcare.
- Part 2 – 13:48
Part 2 What drives the demand for care? Sinha says he looks at the “Three As: Affordability, Accessibility and Awareness.” Franchises and the retail sector could be useful models of distribution and pricing for the healthcare supply chain; and, advancing technology, smartphone apps and social media have the potential to provide accessible healthcare and raise awareness of mental illness.