The basic goal of population health management is to manage the health of a defined population optimally by providing the right intervention(s) to the right people at the right time. Well-designed population health tools when implemented thoroughly, benefits the patient, makes workflow easier for the provider and keeps costs low for health systems and payers.
Broadly defined as the health outcome of specific groups of people, population health management is making significant strides due to the various integrated delivery systems which include hospital-based readmission prevention programs, patient-centered medical homes and accountable care organizations.
Increasingly being used to target high risk populations, the population health management approach exhibits a significant overlap with existing care management programs.
Although one of the often used terms in the healthcare industry; population health management is also one of the least understood. The industry uses the term to cover everything from big data analytics projects to basic team-based care initiatives. However, in order to implement the Triple Aim, healthcare organizations and professionals need to know and understand population health management.
Population health and public health are amongst the most popular buzzwords in the healthcare delivery sector today. Although both the terms appear to sound and mean the same, they are definitely two different concepts in both their meaning and application.
Population health and public health equally value the community’s well being. The primary task for both is examining health trends and evaluating causes of health conditions in the community.