Healthcare organizations have once again lauded the transformative impact of population health management, according to HIN’s annual Trends and Forecasts survey.
In the healthcare publisher’s twelfth annual business assessment, 42 percent of respondents said population health management wielded the greatest influence over their organizations in 2015, echoing the sentiments of 2014 respondents. Additionally, 17 percent of those polled in 2015 view population health as the industry area with the richest development potential.
Forays into population health management–essentially the collection and analysis of data on segments of a population, then the management of specific health conditions within that population–were some of the most successful business ventures of 2015, said this year’s survey respondents.
Population health management is thought to be key to achievement of quality metrics increasingly tied to provider reimbursement as the industry embraces value-based rewards.
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These and other metrics are captured in a complimentary HINtelligence report, “Healthcare Trends for 2016: Population Health, Patient Engagement, Pay-for-Value Consume Industry,” available for download at http://www.hin.com/library/registerHealthcareTrends2016.html
Respondents were also gratified by other initiatives, including formation of clinically integrated networks, integration of behavioral health and primary care; applications of telemedicine, social media and mobile health ventures, patient and staff engagement; and care transition management.
What didn’t resonate with respondents in 2015? Missed opportunities to focus on long-term and post-acute care and adequately staff these areas, a lack of faith that value- and risk-based reimbursement were here to stay, and sluggish reaction time and decision-making were among regrettable business decisions of 2015 reported by polled organizations.
The annual Healthcare Trends & Forecasts survey, administered in November 2015 by the Healthcare Intelligence Network, captured year-end impressions by approximately eighty healthcare organizations.
News Facts: HIN’s white paper, “Healthcare Trends for 2016: Population Health, Patient Engagement, Pay-for-Value Consume Industry,” summarizes November 2015 responses from 80 hospitals, health plans, physician organizations, long-term care providers and others, pinning down the trends impacting the industry in the year to come.
This 2016 roadmap for healthcare also identified the following metrics:
– Two-thirds of respondents indicated their organizations fared better from a business perspective in 2015 than in the previous year.
– More than three-quarters—77 percent—said the industry’s shift toward rewarding healthcare value and quality over volume of services has positively affected business operations in the last 12 months.
– Beyond population health management, other high-impact industry drivers in 2015 include patient engagement (cited by 39 percent), budget constraints (39 percent), hospital readmissions (37 percent) and hiring and recruitment (37 percent).
– Telehealth and the integration of behavioral health and primary care were two key industry areas where respondents see potential for development, as identified by 12 percent of respondents.
– Growth, hiring and recruitment, and services and sales were the three areas most affected by the economic climate of the last twelve months, respondents said.
Download the complimentary HINtelligence report, “Healthcare Trends for 2016: Population Health, Patient Engagement, Pay-for-Value Consume Industry,” at http://www.hin.com/library/registerHealthcareTrends2016.html
Quote Attributable to Melanie Matthews, HIN Executive VP and COO:
“Given population health’s data-driven model, we are not surprised that these initiatives have captured the industry’s attention. In order to profit from healthcare’s increasingly value-driven payment formulas, physician practices, hospitals and post-acute care must demonstrate improved clinical outcomes. A population health management strategy is the key to those gains, and the associated reimbursement.”
For Melanie Matthews’s profile, please visit http://www.hin.com/bios.html#mm
Please contact Patricia Donovan to arrange an interview or to obtain additional quotes.
Download “Population Health Management in 2014: Surge in ‘Big Data’ Tools Transforms Care Coordination” at http://www.hin.com/library/registerpopulationhealthmanagement2014.html
View Benchmarks Chart: 9 Data Sources Driving Population Health Management, at http://ow.ly/VMcBF
Date: December 15, 2015