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 have invested in SDoH technology. For example, a study published in Health Affairs in April found a population health program that addressed access to care and SDoH reduced emergency department and inpatient care visits
The goal is to drive down healthcare spending, which is expected to grow at an average rate of 5.5% per year from 2017 to 2026.
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