Population health management (PHM) is at the forefront of strategic initiatives being undertaken across the healthcare industry today. Prompting these strategic initiatives is the massive shift in risk, via payment reform, from payers to providers. This shift is likely to completely redefine the healthcare delivery system in the U.S. However, the healthcare sector today is still ill prepared to make the transition to a PHM model of care delivery.
This report found opportunities emerging for best-of-breed vendors to take the lead in providing solutions that address specific PHM enabling requirements, including analytics, clinician network management, care management and patient engagement. Best of breed vendors, as well as EHR vendors, are all expanding their breadth of capabilities in the hopes they will eventually become full-suite PHM vendors. Buy, build, and partner strategies undertaken by leading vendors will culminate in a complete PHM solution suite that is nearly comparable to a best of breed portfolio approach, but Chilmark forecasts that this is unlikely to occur until sometime between 2018-2020 at the earliest.
To compile this comprehensive, fifty-plus-page research report, each member of Chilmark’s analyst team contributed sections that provide deep dive analysis into best of breed solution domains and their respective contribution to enabling an HCO’s PHM strategy. The report further articulates how HCOs will be required to migrate their IT architecture from one that is primarily based on a ‘systems of record construct’ to one that focuses on ‘systems of engagement’ to support 360-degree engagement, which will enable all stakeholders to contribute to the health of a community. Cloud-based engagement solutions with strong messaging features will see strong adoption – others, far less so.
The report findings will provide strategic insight to all interested parties that wish to understand how the PHM market will evolve over the next several years. Healthcare organizations, healthcare IT vendors, consultants, investors and others will all benefit from the in-depth research that this report reveals on what is today the top-of-mind issue for all healthcare C-suite executives: How will our PHM strategy allow us to successfully compete in the years to come?