A majority of healthcare managers are confident they will recoup the investments they made in population health initiatives within four years, according to a recent KPMG survey.
Implementing population health management programs means investing in health IT and data and analytic tools but many managers see benefits from the programs including reducing avoidable medical costs and varying care, according to West Johnson, a KPMG advisory partner.
"Preventive care is given a big priority in these programs, since they deliver improvements in efficient and effective care with a high degree of patient engagement," said Mr. Johnson.
A KPMG survey of nearly 300 healthcare managers in November found 20 percent believe their population health investments will pay off in one to two years and 36 percent believe the payback period for these investments could take up to three or four years.
Twenty-nine percent of the respondents believe the investment in population health will pay off in five or more years and only 14 percent said they didn't expect to recoup their investments at all.