How To Select A Population Health Management Company

Population HealthManagement (PHM) is a core element of value-based care delivery, which strives to enhance the quality of patient care, satisfy care recipients, encourage community health, and minimize per capita costs by improving the health of patient groups.

For this reason, the Population Health Management Platform is quickly becoming a valuable trait for both small and large-scale healthcare organizations. However, Healthcare Organizations that participate in pay-for-performance models or accountable care contracts face significant risks. Health professionals clearly cannot afford to make substantial investments in a population health solution that does not meet their needs.

Hiring a population health management company that can be a reliable ally in accomplishment necessitates a rigorous study of the market and extensive understanding of the organization's own finances, priorities, strengths, and shortcomings.

To ensure that companies analyze the relevant solutions that support their existing and anticipated initiatives, providers should know precisely what software applications are essential to examine each item on their action plan.  

Population Health Management Platforms, whether they work as a single-player mode or incorporated into an Electronic Health Records (EHRs), should support some or all of the following functions:

Data Interconnectivity

Population Health Management entails the integration of various data sources to create accurate profiles of patients and the net number of medical services they get. A robust PHM Platform to maintain Pop Health is customizable in terms of data gathering and helping provider companies to make sense of it.

It maintains data feeds consistently and completes data cleaning so the second vertical's functionalities (data analysis) can be accomplished.

Data analytics

Vendors should include analytics capabilities that help providers to assign individuals to specific practitioners, manage internal objectives and criteria, as well as monitor and evaluate quality and performance indicators.

Reporting and Graphics

Dashboards, charts, and live visualizations should follow globally accepted norms, such as uniform use of units, chart styles, and colors, exact labeling of axes and data components, and the ability to drill down into the datasets underlying the chart or report.

Care Management

Care management platforms should prioritize collaboration and communication across diverse provider groups and patient engagement technologies.

Upgrades and Improvements

Companies should be transparent about the expenses associated with integrating updated models, transferring data between models, or offering on-site support workers during an update.

Training and Management

Companies must clearly state what they provide in terms of installation assistance, personnel training, and troubleshooting. Providers can sometimes adopt cloud-based or as-a-service options, which often need less initial cost in the setup process.