The ultimate goal of any healthcare business facility should be to continuously provide better care for its patients. One way to accomplish this is to invest in optimizing its data collection, storage, and use. Improving these processes can directly lead to better patient outcomes, like faster diagnosis, higher quality of care, and reducing time to market for new therapies. The healthcare industry generates about a third of the world’s total data output, so there is no shortage of data to pull from. The real challenge is making sure this data is managed properly – 80% of healthcare executives don’t fully trust their organization’s data and don’t believe they have the resources to use it effectively.
There are a few actionable steps that can be taken to improve the health of their organization’s data. Most large orgs are using over 40 different platforms to collect and store their data; all of these may not be necessary. An audit is recommended to identify which platforms are critical and easily integrated with others, while also considering which platforms are redundant. Consolidating these different sources can be accomplished by using a data warehouse, which is able to provide a centralized location for important data, instead of having to login into dozens of different platforms.

Source: Megadata