Population Health Management Market Size, Share and Demand
The population health management (PHM) market was experiencing significant growth and innovation driven by the increasing demand for value-based care, technological advancements, and the need for more efficient healthcare delivery systems. Population health management involves the aggregation of patient data across multiple health information technology sources, analysis of that data into a single, actionable patient record, and the actions through which care providers can improve both clinical and financial outcomes. Key components and trends in the PHM market included: Technological Advancements: Advances in data analytics, artificial intelligence (AI), machine learning (ML), and predictive modeling were playing a crucial role in deriving insights from large sets of patient data. This allowed healthcare providers to identify at-risk populations, predict outcomes, and customize interventions. Value-Based Care Initiatives: Healthcare systems g...