Every day, businesses generate hundreds, if not thousands, of pieces of discrete data.
Managing that data, and putting it to good use, has become the challenge of the 21st century.
Companies that mine their data intelligently use it to make crucial research, financial and planning decisions every single day. In a fast-paced, globally connected world, your data – and how it’s interpreted – can make or break your business plan.
Applying Data Governance to Patient Care
Most businesses understand and analyze their data on a continual basis. But when it comes to healthcare, does data matter? And if so, how can hospitals and healthcare-related organizations use data to make critical clinical and business decisions that directly impact patient care and outcomes?
The answer is yes – data DOES matter. As the healthcare field continues to grow, data will continue to increase and as a result, risk will increase right along with it.
Healthcare organizations that fail to harness the power of their data can suffer from operational inefficiencies due to data quality issues, experience issues with data reliability (accessing the right data sources) and lack understanding about available information.
Additionally, in a complex data landscape, enterprise software can compete with numerous department-specific applications, creating data silos. This results in multiple users accessing multiple sources of data, sometimes accessing the same data through different avenues. This complex landscape can create issues related to quality, reliability, redundancy and lack of clarity. Data oversight and monitoring also need to be handled with care to ensure information is inherently accurate and trustworthy.
Failure to glean the informational insights offered by data consolidation leads to missed opportunities, increased costs and less attention to patient-centered care.
Data Governance as the Key
Data governance can provide a simple yet effective way to manage multiple streams of data efficiently and effectively in healthcare organizations.
Data governance maximizes the quality, consistency, usability, security and availability of an organization’s data assets, and encompasses the people, processes, architecture, tools and technology that support the data needs of the business.
Raw bits of data are transformed into contextual, value-added information that can be summarized, organized and analyzed, leading to better patient care and outcomes.
The key to success: Operational acceptance and adherence throughout the enterprise. Data silos, once broken down, produce information – information that the business can use to power key decision-making.
- Read this case study on how Centric Consulting helped a hospital implement data governance. This project provided the hospital with a clear path to data that’s more accurate, reliable and efficient, allowing for a better understanding of the systems to use for greater patient impact.
- Contact our healthcare team to learn more about how data governance could help your organization: