To do this,
"You spend a little more on preventive services on the front end. But if you're able to keep your patient population healthy by engaging them in their health care and managing their health conditions, downstream illnesses are less likely to occur," said Dr.
Population health management is growing in popularity as the
The traditional fee-for-service model has been criticized as encouraging health care providers to pile on treatments or services, some of which could be unnecessary.
In collaborative care agreements like the one between
In these agreements, providers are also rewarded for meeting certain quality and cost-saving measures.
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"We have whole teams of folks who spend their time working with patients both at home and when they visit physician offices making sure they're as healthy as can be," Diamond said. "It results in lower costs if you can keep patients well and out of the hospital."
Cigna's deal with
"There's no more money in health care," Kumar said of the reason for the trend toward population health. "Health care as a whole is exceptionally expensive to begin with. Now, everyone is demanding more value with less money being spent. Instead of throwing more money at the problem, which was classically the approach, the new paradigm is better preventive care, better coordinated care."
"We've seen very good success so far in our own health care system and the early results with Cigna are positive as well," Kumar said.
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