Population health management and value-based reimbursement success hinge on reducing healthcare costs not only when a patient is in the exam room, but also when they are beyond the walls of the practice or hospital. Therefore, understanding where a patient lives, their income, education level, job status, and other social determinants of health (SDOH) is critical…
Few healthcare organizations are investing in social determinants of health technology, and while an uptick is expected, the market will remain relatively weak until providers find the best way to use the data, according to a new analysis from Patchwise Labs. The report found that fewer than 4% of health systems and managed care organizations…
Medicaid accountable care organizations (ACOs) are designed to improve health care quality while delivering more efficient care. But, medical care is only one of several factors affecting health outcomes. Social determinants of health (SDOH), such as living environment and access to healthy food, affect health outcomes and, consequently, an ACO’s bottom line. Because most ACOs…
Social determinants of health are not just about soft skills and the promise of helping patients by better understanding their individual circumstances any more. Rather, there’s a legitimate business case to be made — and it’s a powerful one. Exactly how big is the opportunity when you start to look at overall spending? And what…