Today, individuals checking into a hospital or doctor’s office will find the process segregated by wealth just like any other business in the service industry. High costs and limited availability within healthcare — along with the various inconsistencies among care providers — has forced Americans to rethink the current model.
With Population Health Management (PHM), the goal is to keep the majority of the population healthy in hopes of avoiding high-priced alternatives, such as unexpected emergency visits, long hospitalizations, or invasive procedures like risky surgeries. In addition to lowering overall costs, PHM will prevent healthcare from becoming sick-care by focusing on the prevention of certain chronic ailments. Progressive ideas such as a PHM strategy require automation to be successful.
According to Well Centive, PHM is “the aggregation of patient data across multiple health information technology, resources, the analysis of that data into a single, actionable patient record, and the actions through which care providers can improve both clinical and financial outcomes.” To summarize, it is important to understand that factors such as income, education, employment, culture, genetics, and environment cannot be recorded by a single entity. An act this massive will require many thinkers working towards the same goal. Read More