As the healthcare industry transitions from fee-for-service to value-based payment models, population health is emerging as a critical component for providers to achieve clinical and financial success. Under this new paradigm designed to reward value, physicians increasingly will be paid by their ability to analyze data and improve patient outcomes.
According to Michael Simpson, CEO of population health vendor Caradigm, moving from episodic, single-patient care to managing the health of populations represents a seismic shift that will require industry focus and commitment, particularly in treating patients with chronic conditions.
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