Healthcare


Growth Opportunities in the Asia-Pacific Population Health Management Solutions Market, Forecast to 2022

Coordinated Advances in Efficiency and Quality Depend on Collaborative Ecosystems
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Published: 6 Jun 2018

Population Health Management (PHM) has many connotations ranging from an ideal or a concept to a real market segment. As a concept it refers to the reduction of disease risk and the attached financial burden at a population level. Execution of the concept entails intricate interaction between telehealth technologies, software solutions, and healthcare services. Globally, health systems are gravitating toward value-based care models, whereby each country is critically analyzing what the value drivers for its health system should be. Unfortunately, transitioning from volume- to value-based care has been a slow and painful process for Asia-Pacific (APAC) and will continue to be so in the near future. This transition requires not only dramatic changes in the regulatory framework and payment models but also significant dollar investment and cultural and consumer behavior shift. PHM is one form of value-based care that shifts the industry focus from episodic and individualized healthcare approaches to collective action against the cost and burden of disease in a society. Its biggest role in APAC would be to channelize healthcare resources toward population segments that are in most need for services, thus addressing the formidable challenge of improving healthcare access and equity in the region.

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