FMI Market Research on Population Health Management Pl | Page 5

Population Health Management Platforms Market

Population Health Management Platforms Market Drivers
Continued pressure to reduce costs , improving overall quality and implementing value-based payment programs are a few drivers for the population health management platforms market . Government initiatives like the Patient Protection and Affordable Care Act ( ACA ) provide incentives for quality & safety and also better care coordination . In addition to government regulation , a dramatic increase in ailments like diabetes , hypertension , and stress is making people more conscious of their health than ever before . These patients will demand better care than what they currently receive and they might want to access their medical data in one location . All these factors will be responsible for increasing the size of the population health management platforms market .
Population Health Management Platforms Market Restraints
There are several challenges in the population health management platforms market . One is a disjointed workflow with the electronic health record ( EHR ). Barring the large EHR vendors , PHM solutions function as separate modules today , and they require an additional sign-on for a completely different UI . This causes a broken workflow and impedes training and adoption in a healthcare organisation . The second problem is a lack of data standardisation . Data stored across different health systems is often unstandardized and vocabulary , calculations , formulae may be differing . The same data might even mean something entirely different sometimes . The third constraint is restrictive regulations . Despite many governmental mandates to free health data , the ownership of it is still ambiguous . IT vendors , healthcare
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