The global population health management market is anticipated to grow at a CAGR of 13.5% during the forecast period (2024-2031). Population health management encompasses various components, such as:
- Electronic health records (EHRS) that centralize patient data for comprehensive care coordination.
- Health Information Exchange (HIE) platforms enable secure information sharing across healthcare organizations, promoting care coordination.
- Advanced analytics tools and business intelligence solutions provide actionable insights into population health trends.
- Additionally, population risk stratification tools, care management platforms, patient engagement applications, and telehealth solutions.
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All these solutions and services contribute to better health outcomes and improved access to care. The market’s growth is attributed to the growing demand for focus on preventive healthcare across the globe. Preventive healthcare practices have grown more essential in reducing illness incidence and associated healthcare costs. Population health management enables proactive interventions and health promotion initiatives. For instance, in September 2023, Common Spirit Health launched Population Health Services Organization, a national value-based services platform. The platform aims to enhance population health analytics, network management, care coordination, data management, technology infrastructure, and reporting, thereby expanding access to equitable care and reducing costs.
Furthermore, government support and policy initiatives are aimed at promoting population health management as an essential aspect of achieving healthcare goals. By offering financial incentives and implementing supportive policies, governments encourage healthcare organizations to adopt payment models that prioritize population health. For instance, in September 2023, CMS launched a new population health-focused payment model aimed at addressing chronic disease, behavioral health, and overall improvement of care management for states’ populations.
Global Population Health Management Market Report Segment
By Component
- Software
- Services
By Mode of Delivery
- On-Premise
- Cloud-Based
By End User
- Introduction
- Healthcare Providers
- Healthcare Payers
- Others (Research Institutions and Academia, Pharmaceutical Companies)
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Company Profiles
- Cotiviti, Inc.
- Epic Systems Corp.
- Health Catalyst
- IBM Corp.
- Koninklijke Philips N.V.
- McKesson Corp.
- Medecision
- NextGen Healthcare, Inc.
- Optum, Inc.
- Veradigm LLC
- Verscend Technologies, Inc.
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