Majority of Healthcare Executives See Population Health Investment Recouped within Four Years | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Majority of Healthcare Executives See Population Health Investment Recouped within Four Years

January 15, 2015
by John DeGaspari
| Reprints
Population health was cited as one of the biggest concerns of healthcare executives, according to a KPMG survey

More than half of healthcare managers surveyed expect to recoup their investments in population health management programs within three to four years, according to a survey by KPMG LLP in New York. The online survey of 296 respondents took place during a webcast in November titled, “Enabling New Payment and Service Delivery Models through Technology.”

According to the survey, 20 percent believe that investments in healthcare information technology and data and analytics tools will pay off in one to two years. Another 36 percent said that the payback period for these investments could take up to three to four years, showing a majority expect to recoup their costs in that timeframe. The survey showed that 29 percent see the investment in population health paying off in five or more years; 14 percent do not expect to recoup their investment at all.

The growth in the number of accountable care models, value-based contracts and other reimbursement models is driving much of the emphasis toward population health, according to Joe Kuehn, partner in KPMG’s healthcare advisory practice, who co-hosted the webinar.

More than a third of the survey’s respondents (36 percent) said the biggest clinical benefit derived from population health management will come from preventative care. developing evidence-based clinical protocols to improve the efficiency of care was the second biggest response (23 percent), followed by managing chronic diseases (21 percent).

Nearly a quarter (24 percent) of the respondents see their own population health management capabilities as “mature,” and 38 percent described their capabilities as in the “elementary stages.” nearly 40 percent of those surveyed see their population health capabilities as “nonexistent (15 percent) or in their infancy (23 percent).

“Providers and other participants in the care delivery system need the real time data and analytic tools to not only manage and improve the quality of care provided, but also the ability to measure costs to operate efficiently,” said Kuehn in a prepared statement.




NewYork-Presbyterian, Walgreens Partner on Telemedicine Initiative

NewYork-Presbyterian and Walgreens are collaborating to bring expanded access to NewYork-Presbyterian’s healthcare through new telemedicine services, the two organizations announced this week.

ONC Releases Patient Demographic Data Quality Framework

The Office of the National Coordinator for Health IT (ONC) developed a framework to help health systems, large practices, health information exchanges and payers to improve their patient demographic data quality.

AMIA, Pew Urge Congress to Ensure ONC has Funding to Implement Cures Provisions

The Pew Charitable Trusts and the American Medical Informatics Association (AMIA) have sent a letter to congressional appropriators urging them to ensure that ONC has adequate funding to implement certain 21st Century Cures Act provisions.

Former Michigan Governor to Serve as Chair of DRIVE Health

Former Michigan Governor John Engler will serve as chair of the DRIVE Health Initiative, a campaign aimed at accelerating the U.S. health system's transition to value-based care.

NJ Medical Group Launches Statewide HIE, OneHealth New Jersey

The Medical Society of New Jersey (MSNJ) recently launched OneHealth New Jersey, a statewide health information exchange (HIE) that is now live.

Survey: 70% of Providers Using Off-Premises Computing for Some Applications

A survey conducted by KLAS Research found that 70 percent of healthcare organizations have moved at least some applications or IT infrastructure off-premises.