Population Health Management (PHM) Market Expected to Raise at CAGR of 25.6% by 2020-2026 | Allscripts, McKesson Corporation, Cerner Corporation, etc.

According to the current analysis of Reports and Data, the global Population Health Management (PHM) market was valued at USD 21.31 Billion in 2018 and is expected to reach USD 132.74 Billion by year 2026, at a CAGR of 25.6%.

According to the survey conducted by the Organization for Economic Co-operation and Development (OECD), in per capita terms, health spending in 2017 is estimated to have reached USD 4069 million average across the OECD. This is roughly 70% more than OECD countries spend on education for each citizen. In the United States, the average spend is expected to have risen above USD 10 000 for the first time in 2017. Per capita spending was also significantly above the OECD average in Switzerland (USD 8 009), Luxembourg (USD 7 049) and Norway (USD 6 351).

Some of the key players are Allscripts, McKesson Corporation, Cerner Corporation, etc

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Segments covered in the report:

For the purpose of the study, this Reports and Data has segmented the Global Population Health Management (PHM) Market on the basis of product type, delivery mode, application, end user and the regional outlook:

Product Type (Revenue, USD Million; 2016-2026)
o Software
o Services
o Post-Sale and Maintenance Services
o Consulting Services
o Training and Education Services
o Implementation Services

Delivery Mode (Revenue, USD Million; 2016-2026)
o Web-Based
o Cloud-Based
o On-Premises

Application (Revenue, USD Million; 2016-2026)
o Automating Patient-Centered Medical Home (PCMH)
o Access Comprehensive Longitudinal Patient Record
o Effectively Coordinate Care
o Patient Outreach
o Others

End User (Revenue, USD Million; 2016-2026)
o Providers
o Ambulatory Care Centers
o Hospitals, Physician Groups, and Integrated Delivery Networks
o Diagnostic and Imaging Centers
o Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
o Other Healthcare Providers
o Payers
o Public Payers
o Private Payers
o Employer Groups

Regional Outlook (Revenue, USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

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Population health management is an accumulation and assessment of patient's data from various multiple health information technology resources. Population health management assists in scrutinising the condition of the patient and segmenting the patients based on disease. It also helps in improving clinical outcomes and lowering the cost of treatments. PHM programs use business intelligence (BI) tool to aggregate data and provide a comprehensive clinical picture of each patient. Using that data, providers can track, and hopefully improve, clinical outcomes while lowering costs. Key recent developments in Population Health Management Market: In May 2019, Cerner, a global health platform and innovation company, launched Anuva Health, its new near-site heath network offering, which provides person and virtual health care services for employers looking to provide a unique benefit to employees to support improved health and lower costs, and it is very cost-effective solution for employers.

Further key findings from the report suggest:

o The medical industry is rapidly transforming from a paper-based system into a digitized system, which is accelerating the demand for healthcare IT services. In addition, increasing demand for solutions supporting value-based care delivery by stakeholders has resulted in a shift from Fee-for-Service (FFS) to a Value-based Payment (VBP) models

o In August 2018, Allscripts, a global leader in healthcare technology, announced that it has achieved full accreditation with the Healthcare Network Accreditation Program (HNAP) for Allscripts PayerpathTM and also ePAP accreditation for ePrescribe from the Electronic Healthcare Network Accreditation Commission (EHNAC). EHNAC's HNAP accreditation recognizes excellence in health data processing and transactions, and ensures compliance with industry-established standards and HIPAA regulations

o In January 2017, Conifer Health Solutions announced that Alameda Health System (AHS) has engaged the company to provide Value-Based Care services to support HealthPAC, a comprehensive health access program for eligible enrolees of Alameda County, California. Conifer Health will provide population health management and nurse consulting services to help the four-hospital system better serve a population of 33,000 HealthPAC members

o Population Health Management (PHM) market is fastest growing at a CAGR of 6% in Asia Pacific due to growing prevalence of chronic disorders, rising expenses, rocketing healthcare infrastructure and little initiatives by government to make it more digitalized...Continued

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In conclusion, the Population Health Management (PHM) Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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