Population Health Management Market 2020 – Helath benefits, Tracking, Growing Popularity and Emerging Trends
FEB 27, 2020: The global Population Health Management market is expected to reach USD 150.6 billion by 2027, registering a CAGR of 21.1% over the forecast period, according to a new report by Grand View Research, Inc. The need for population health services that combine multiple functionalities is increasing due to the complex nature of care delivery and payment models. Population health management (PHM) solutions can process clinical, financial, and operational data that help improve efficiency and patient care. The health management program is also witnessing changes in medical reimbursement due to increasing emphasis on value-based payment (VBP) and Accountable Care Organizations (ACOs). In addition, the convenience offered by value-based payment models is responsible for the increased adoption of population health solutions by ACOs. ACOs, consisting of hospitals, clinics, and other healthcare providers, collaborate with the payers (private and public) to pr...