For healthcare providers, investing in population health and data analytics is expected to produce dynamic and robust financial outcomes, according to a PNC article.
Because of the Patient Protection and Affordable Care Act, the need for population health and data analytics has grown, which in turn requires investments in software and other health information technology tools. These investments must be financed so healthcare providers need to consider traditional and non-traditional sources for capital, according to PNC.
Since population health initiatives are supported in part by accountable care organizations, which means more integration of outpatient services, equipment finance is an option that can preserve cash for other system needs.
Additionally, data analytics is being driven by the PPACA's demand for more EHRs so re-investing in health information technology is also advisable for healthcare providers.