Most healthcare organizations embrace the general concept of population health management. After all, using technology and data to improve clinical and financial outcomes aligns nicely with the ongoing transformation from volume-based to value-based care.
But deciding where to start on the path to population health — and defining what success ultimately looks like — varies from organization to organization. No two hospitals, health systems or payers are alike. Every market is different. Goals change over time.
That’s why it’s especially important to gain an objective understanding of where your individual organization is on its population health journey — and where you want it to go.
A simple framework
One way to strategically address all of the variables involved is to apply a relatively simple assessment framework that helps organizations find exactly where they stand relative to four core population health competencies: organizational foundation, analytics, care models and payment models. Each organization should prioritize the areas where it’s most important to improve. It may not be necessary to be “high performing” in every category, depending on geographical factors, network readiness or organizational goals.
In markets without much value-based contracting, for example, an organization might be just fine for now with a basic “awareness” of provider payment models. So in the near term, they might be better off concentrating instead on making their organizational foundation “transitional” or “high performing” by developing stronger enterprise alignment.
The right performance support
Managing population health effectively is a long-term undertaking. Finding meaningful opportunities to reach the right performance levels, tailored specifically to your organization, across all four competencies is an evolutionary process. Partnering with population health management experts who can provide objective, product agnostic assessments, strategy development, and implementation support can help. With an insightful framework and an individualized approach, healthcare organizations can maximize the value of a sustainable, effective population health strategy.
Let Aerial™ Advisory Services help you find the right path on your journey to population health success. Contact us today!