The global prevalence of chronic disease is expected to drive growth in the population healthcare management market during the forecast period. Cancer, cardiovascular disease, diabetes, and asthma (chronic lung disease) account for the majority of the annual healthcare burden.
In 2018, the global Population Health Management Market was valued at USD 21.40 billion, and it is expected to grow to USD 91.43 billion by 2026.
Leading Companies in the Population Health Management Solution Industry:
1. Allscripts, Inc.: Service provider for medical supplies. The business offers medical supply and point-of-care medication management services to doctors and other healthcare professionals. Headquarters in Raleigh, North Carolina, USA. ZappRx (Jun 2019), HealthGrid (May 2018), and Evalytica (Feb 2018) are the most recent acquisitions.
2. Cerner Corporation: It was founded in 1979. Headquarters are in the United States. Cerner is a prominent provider of healthcare IT solutions and technology-enabled services. The company has long been a market leader in the electronic health record industry, and it shares a majority of the market for acute care EHR within health systems with rival Epic Systems. The founding partners' mission to provide integrated medical records across all healthcare providers in order to enhance outcomes drives the company. Aside from medical records, the company provides a wide spectrum of technology to serve healthcare facilities' clinical, financial, and operational needs. Oracle discreetly completes a $28 billion deal to acquire Cerner, a provider of electronic health records.
3. Conifer Health Solutions: Established in 2008. Headquarters are in the United States. Software configuration management technologies aimed to shorten project timeframes and reduce costs. Cascade, the company's platform, is a software development tool that speeds up the develop-build-test cycle, allowing engineers to start working immediately at the start of each day. Conifer Health Solutions, LLC, a subsidiary of Tenet Healthcare Corporation (NYSE:THC) and a leader in business process management solutions for healthcare providers, has entered into a formal agreement to purchase Annapolis, Maryland-based InforMed Health Care Solutions.
4. Healthagen, LLC: Established in 2008. Headquarters are in the United States. A mobile and web healthcare platform provider. Based on location, the company's platform delivers information about disease symptoms, causes, treatment options, and healthcare providers. The company also includes disease and medical procedure information, a hospital directory, and hospital emergency room wait times.
5. OptumHealth: Established in 1996. Headquarters are in the United States. Operator of a healthcare system designed to connect people, locations, and ideas throughout the healthcare ecosystem in order to provide personalised treatment. The company's platform provides medication and pricing options, healthcare financial services, and guidance, as well as technology and services related to life sciences to health plan providers and employers, allowing users to gain insights to help guide their decisions for better healthcare experiences by improving health care delivery, quality, and efficiency.
6. Epic Corporation, Inc.: creator of healthcare software with the goal of improving people's health and the health of future generations. The company's platform enables its clients from university medical centres, children's organisations, community hospitals, and independent practises with improved healthcare delivery. It also offers access and revenue cycle, patient flow, digital patient experience, and analytics. Created in 1979. Headquarters in Verona, New York, USA.
7. Philips Wellcentive: Established in 1996. Headquarters are in the United States. Operator of a healthcare system designed to connect people, locations, and ideas throughout the healthcare ecosystem in order to provide personalised treatment. The company's platform provides medication and pricing options, healthcare financial services, and guidance, as well as technology and services related to life sciences to health plan providers and employers, allowing users to gain insights to help guide their decisions for better healthcare experiences by improving health care delivery, quality, and efficiency.
*Definition: Population health management refers to the process of improving clinical health outcomes of a defined group of individuals through improved care coordination and patient engagement supported by appropriate financial and care models.
