Question

In: Operations Management

What are four approaches to improving population health? Please address ONE approach in details and offer...

What are four approaches to improving population health? Please address ONE approach in details and offer specific example/s.

Solutions

Expert Solution

The four approaches for improving population health are:

  • Data Transformation
    • Companies must be able to integrate large datasets of internal and external data to provide transparency into the healthcare sector. This transparency helps in better management of risks, networks and opportunities to improve overall health of the population. Companies must prioritize data sources based on reliability and efficiency and make stakeholders informed about all data sets collected. Data is critical for giving an appropriate direction to the overall healthcare sector.
  • Care Transformation
    • 21st century has witnessed that the organizations have become increasingly aware about the health of their employees. Companies aim at optimizing the care management processes to efficiently take care of their employees. Group insurance coverages are being provided to the employees.
  • Payment Transformation
    • Companies are thinking about transforming their fee-for-service payment policy. This will facilitate the total cost of care of the employees and overall population. Cost of care must be efficiently addressed so that the overall healthcare cost gets improved.
  • Analytic Transformation
    • Companies must integrate the analytic structure in their healthcare policy. The use of data analytics on the healthcare data will facilitate early detection of diseases and would support diagnosis.

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