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Know Your Population
Understanding your patient population is one of the most important factors that must be considered In making the transition to VBC.
Thank you!
In making the transition to VBC, one of the first factors that must be considered is your patient population. Do you understand your patient population, and can you identify who your most sick patients are? This is crucial, as a chronically ill patient can be up to 17 times more expensive to care for than the average patient (1). It is also important to note that the distribution of chronically ill patients within your patient population may not be uniform. For example, geographic distribution of chronic illness can vary at the city or even neighborhood level (2)! This is why it is important to have reliable population health tools that allow you to get a birds eye view of the characteristics that define your patient population. Without an overarching view like this, it is difficult to segment your patient population and identify trends.
Once you understand your patient population, you can begin developing your care model.
References:
- Bresnick, Jennifer. “Chronic Disease Management Costs 17 Times More than Average.” HealthITAnalytics, HealthITAnalytics, 22 Apr. 2015, healthitanalytics.com/news/chronic-disease-management-costs-17-times-more-than-average.
- Freedman, Vicki A., et al. “Neighborhoods and Chronic Disease Onset in Later Life.” American Journal of Public Health, vol. 101, no. 1, 2011, pp. 79–86., doi:10.2105/ajph.2009.178640.
In making the transition to VBC, one of the first factors that must be considered is your patient population. Do you understand your patient population, and can you identify who your most sick patients are? This is crucial, as a chronically ill patient can be up to 17 times more expensive to care for than the average patient (1). It is also important to note that the distribution of chronically ill patients within your patient population may not be uniform. For example, geographic distribution of chronic illness can vary at the city or even neighborhood level (2)! This is why it is important to have reliable population health tools that allow you to get a birds eye view of the characteristics that define your patient population. Without an overarching view like this, it is difficult to segment your patient population and identify trends.
Once you understand your patient population, you can begin developing your care model.
References:
- Bresnick, Jennifer. “Chronic Disease Management Costs 17 Times More than Average.” HealthITAnalytics, HealthITAnalytics, 22 Apr. 2015, healthitanalytics.com/news/chronic-disease-management-costs-17-times-more-than-average.
- Freedman, Vicki A., et al. “Neighborhoods and Chronic Disease Onset in Later Life.” American Journal of Public Health, vol. 101, no. 1, 2011, pp. 79–86., doi:10.2105/ajph.2009.178640.
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