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Population Health Management Market is expected to reach $40.6 Billion by 2018

The “Population Health Management Market by Component (Software & Services), Delivery Mode (On-premise, Web, & Cloud), End-User (Provider, Payer, Employer Groups & Government Bodies) - Trends & Global Forecasts to 2018”analyzes and studies the major market drivers, threats, opportunities, and challenges in North America, Europe, Asia, and Rest of the World (RoW).

Browse 33 market data tables and 19 figures spread through 187 pages and in-depth TOC on “Population Health Management” 
http://www.marketsandmarkets.com/Market-Reports/population-health-management-market-263411936.html

The population health management market is set to pace up as the healthcare industry witnesses a shift to a value based reimbursement system due to the introduction of healthcare and legislative reforms such as the Affordable Care Act (2010) in the U.S. and rising healthcare expenditure across the globe. For instance, the U.S. healthcare expenditure was $2.7 trillion in 2011, accounting for 17.6% of GDP. As per Centers for Medicare & Medicaid Services (CMS), this expenditure will reach $4.8 trillion by 2020 and will continue to grow in the future. Thus, rising pressure to curtail healthcare costs and meet the demands for quality care is driving the adoption of healthcare analytics and population health management solutions.

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 Population health management (PHM) programs play an important role in providing better healthcare to the population, while simultaneously reducing the costs. It improves the health of the population through the coordination of efforts by individuals, organizations, and providers. According to the prominent players in this market like WellCentive, Inc., Phytel, Inc., Health Catalyst LLC, McKesson Corporation, among others, the adoption of population health management solutions is likely to rise among the Employer Groups. Employer groups are the untapped and potential end-users who stand to gain a lot from PHM programs. Of late, the companies are emphasizing on providing such solutions to the Employer Group. Healthagen, LLC is one of the vendors of population health management solutions to the Employer Groups. It has been encouraging its employees to participate in PHM programs focusing on health and wellness since over a decade.

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 As a result of the PHM program it was observed over a period of four years between 2006 and 2010 that improvements were made in each of the top 5 disease risk categories with the percentage of employees at risk to cancer and low nutrition dropping significantly by 20% and 14% respectively.

 As a result of the PHM program it was observed over a period of four years between 2006 and 2010 that improvements were made in each of the top 5 disease risk categories with the percentage of employees at risk to cancer and low nutrition dropping significantly by 20% and 14% respectively.

 It was also found that repeat participants in the PHM program for the years 2008 and 2009 had lower healthcare costs compared to non-participants in the same time period. In 2008 the healthcare costs for repeat participants was $934 less than that of non-participants whereas in 2009 the difference was $ 782.

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