The Shift to Digital Health and the Era of Healthcare 3.0
Regulatory reform, advances in technology and changing demographics are driving major changes in the way healthcare services are offered. In response, healthcare organizations are shifting to new patient-centric care models that make care more collaborative and focused on outcomes. New investments will need to focus on the power of combined information sources, deriving greater context. This is needed to more effectively and securely leverage patient data, recognize patterns faster, and manage the health of populations more effectively. The transformation to population health management will improve health outcomes and reduce the overall cost of care.
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Trends driving change in industry also provide the means to improve it
Everyone has a stake in the well-being of the healthcare industry. The Triple Aim of healthcare reform — improving the patient care experience, improving the health of populations and lowering the per capita cost of healthcare — conveys benefits to individuals and society. However, setting a strategy to achieve those goals isn’t straightforward. Key changes in the market, in technology and in regulations are creating new challenges for organizations in all segments of the industry.
DEFINING POPULATION HEALTH MANAGEMENT
The goal of population health management (PHM) is to keep a patient population as healthy as possible, minimizing the need for expensive interventions such as ER visits, hospitalizations, imaging tests, etc. PHM not only lowers costs, but also redefines healthcare as an activity that encompasses far more than sick care. While population health management focuses partly on the high-risk patients who generate the majority of health costs, the technique systematically addresses the preventive and chronic care needs of every patient.
Such an approach requires the use of automation. Bringing digital information technology to bear on these tasks saves time and money and makes population health management economically feasible. Automation also allows organizations to better assess population needs and stratify populations based on geography, health status, resource utilization and demographics.
Population health management is fundamental to the transformation of healthcare delivery. For providers, the term translates to knowing what’s going on with your patients and taking evidence-based, standardized and, where appropriate, automated actions to proactively achieve the best outcomes.
Download the complete position paper to learn:
- How regulation, technology and demographics are driving patient-centric healthcare
- Why healthcare organizations are adopting patient centric care systems
- How population health management improves the use of patient data
- How these systems are lowering costs, personalizing care and speeding innovation