phm

PHM is an acronym that can refer to multiple concepts in different fields. The two most common uses are in healthcare and in engineering, with a professional organization sometimes associated with the term.

In healthcare, population health management (PHM) describes a data-driven approach to improving the health outcomes of a defined group. PHM integrates data analytics, risk stratification, care coordination, and preventive services to guide interventions and measure outcomes. The aim is to improve quality of care, reduce disparities, and control costs for populations such as insured members, patients with chronic diseases, or communities served by health systems or payers.

In engineering and industry, prognostic health management (PHM) refers to methods for assessing the health of a system and predicting its remaining useful life. PHM combines diagnostics, prognostics, and decision-support to enable condition-based maintenance, fault prevention, and reliability optimization. It is applied in sectors including aerospace, energy, manufacturing, and transportation to reduce downtime and extend equipment life.

The PHM Society is an international professional organization associated with Prognostics and Health Management. It promotes research, standards development, and dissemination of best practices through conferences, publications, and educational resources.

Because PHM can stand for different phrases across domains, the intended meaning is usually clear from context. In general, PHM describes approaches to monitoring, analyzing, and sustaining system health across both healthcare and engineering environments.