Population Health Management (PHM) is the approach used to achieve measurable improvements in the health outcomes of a population. In the broadest definition, healthcare provider population health management platforms cover the set of IT capabilities and related services that enable provider organizations to manage populations of patients and achieve the specific quality, cost and experience goals. The products included in this market provide the crucial capabilities for identifying patients at high risk of poor health, presenting a care plan to address poor health, visualizing the gaps between their current care and the care plan, engaging patients in their health, and tracking the outcomes of care.
Gartner is defining a new class of capabilities focused on value-based performance management analytics. This is a complement to population health analytics, but with deeper capabilities around the ability to model, forecast and monitor the performance of risk-bearing and value-based contracts, and to intersect the critical cost and quality variables.