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A new KPMG survey shows that “more than half of healthcare managers surveyed expected to recoup their investments in population health management programs – an approach to medicine that encourages greater collaboration and integration among healthcare providers and their patients – within three to four years.”
Indeed, in a time of rising health care costs, the survey noted companies' increasing reliance on preventative measures.
Said West Johnson, a KPMG advisory partner who heads provider transformation: “Our clients see benefits from population health management programs as a part of the solution to reduce avoidable medical costs and variability in care. Preventive care is given a big priority in these programs, since they deliver improvements in efficient and effective care with a high degree of patient engagement.”
More survey details: “20 percent believe that investments in healthcare information technology and data & analytic tools will pay off in one to two years. Another 36 percent indicated that the payback period for these investments could take up to three or four years, showing a majority expect to recoup their costs within this time frame. The survey showed that 29 percent see the investment in population health paying off in five or more years. Only 14 percent see them not recouping their costs at all. ”
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