What is Population Health (PH)?
More than 50 percent of all deaths each year are caused by stroke, cancer and heart disease.Population health became a concern for providers and payers due to the need to rein in the incidence and subsequent costs of treating chronic diseases as well as a shift from fee-for-service to value-based care models. It has been recognized by CMS and others for some time that fee-for-service (FFS) is becoming unsustainable, whether from a financial or medical view. For example:
- Chronic diseases account for 7 out of 10 deaths yearly among Americans.
- Diabetes, one of the most common chronic illnesses, is the main cause for kidney failure, lower-limb amputations and blindness in adults between 20 and 75.