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Population Health Management Market Revenue to Touch $63.8 Billion by 2031 | Big Corps Trends and Strategy Analysis 

Population health management is a method of providing primary health care that incorporates active outreach and community participation in healthcare delivery. Its primary purpose is to collect, and analyze clinical data from a patient’s healthcare setting in order to identify possibilities to enhance the patient’s health and the provider’s financial outcomes. This strategy moves primary care service delivery from reactive to proactive management of a population group.

Population health management market was valued at $19.2 billion in 2021, and is estimated to reach $63.8 billion by 2031, growing at a CAGR of 12.7% from 2022 to 2031.

Some of the key players involved in the Market are:

Allscripts Healthcare Solutions, Inc., Arcadia, AthenaHealth, Inc., Cedar Gate Technologies, Llc (Enli Health Intelligence), Cotiviti, Inc, Eclinicalworks, Epic Systems Corporation, Health Care Service Corporation (Medecision), Health Catalyst, Inc, Health EC, Llc, I2I Population Health, International Business Machines Corporation (IBM Watson Health), Koninklijke Philips N.V (Philips Wellcentive), Lightbeam, Nextgen Healthcare, Inc, Oracle Corporation (Cerner Corporation), UnitedHealth Group (Optum, Inc)

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The Population Health Management (PHM) market can be segmented based on various factors. Here are some common segmentation approaches used in the industry:

  1. Component:
    • Software: This segment includes various software solutions such as integrated PHM platforms, analytics and reporting tools, care coordination tools, and patient engagement software.
    • Services: This segment comprises consulting services, implementation and integration services, training and education services, and ongoing support and maintenance services.
  2. Mode of Operation:
    • Web-based: PHM solutions accessed through web browsers or cloud-based platforms.
    • On-premise: PHM solutions installed and operated locally within healthcare organizations.
  3. End User:
    • Healthcare Providers: Including hospitals, clinics, physician practices, and other healthcare organizations.
    • Healthcare Payers: Including insurance companies, managed care organizations, and government agencies.
    • Employers: Organizations that offer healthcare benefits to their employees.
    • Others: This can include accountable care organizations (ACOs), patient advocacy groups, and research institutions.
  4. Delivery Model:
    • Software-as-a-Service (SaaS): PHM solutions hosted on cloud-based platforms and delivered on a subscription basis.
    • Platform-as-a-Service (PaaS): PHM platforms provided as a service, allowing organizations to build and customize their own PHM applications.
    • On-premise: PHM solutions installed and operated locally within healthcare organizations.
  5. Application:
    • Chronic Disease Management: PHM solutions focused on managing chronic conditions such as diabetes, hypertension, and cardiovascular diseases.
    • Risk Stratification: PHM solutions that assess the risk levels of patient populations and prioritize interventions accordingly.
    • Care Coordination: PHM solutions that facilitate collaboration and communication among care teams to ensure coordinated and efficient care delivery.
    • Patient Engagement: PHM solutions that engage patients in their own healthcare, promoting self-management and adherence to treatment plans.
    • Others: This can include utilization management, preventive care, population health analytics, and performance management.

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Last Updated: 30-May-2023