Post-pandemic population health
The need to innovate around population health management is particularly relevant now. In the US alone, the Centers for Medicare & Medicaid Services forecasts national healthcare expenditure will reach $6.2 trillion by 2028, an annual growth of 5.4%. This raises serious concerns around the system's ability to offer fair, effective, and high-quality care to all.
We can no longer underestimate the importance of social determinants of health (SDoH) in healthcare equity. The pandemic highlighted the discrimination in healthcare accessibility and affordability and that vulnerable populations are at greater risk of suffering.
Exacerbating concerns further is the post-COVID catchup, delays to routine and elective treatments, and the knock-on effects. Additionally, the shift from fee-based to value-based care continues. Strains on healthcare professionals accelerate. And the public calls for greater transparency. Harmonizing and standardizing costs and care for better patient outcomes has now become critical.