Most Executives Expect Population Health Investments to Pay Off in Four Years
More than half of health executives expect to recoup their investments in population health management within four years, according to a survey report from KPMG. Other respondents weren’t quite as optimistic: 29 percent expect their investments in health information technology and data and analytic tools to pay off in five or more years; and 14 percent do not expect to recoup their costs at all.
More than a third of the survey’s respondents said the biggest clinical benefit derived from population health management will come from preventive care. Developing evidence-based clinical protocols to improve the efficiency of care was the second biggest benefit cited, followed by managing chronic diseases. Costs are seen as the biggest challenge in implementing population health management programs among 42 percent of those surveyed. Helping staff and physicians to become comfortable with the new approach to care was the second biggest challenge, followed by interoperability with other providers.