Today’s healthcare industry generates vast amounts of data in the form of medical records, home care reports, prescriptions, and diagnostics. If this information is kept as good data, healthcare organizations can use it to gain insights, develop solutions, and provide higher quality care for residents and operations. Despite the value of this data, most healthcare leaders lack confidence in their data and feel unequipped to utilize it effectively.
How a Data Warehouse Works
The struggle to collect data from multiple sources, including census data, clinical data, staffing data, and financial data, causes several drawbacks. In fact, the average knowledge worker can lose about 12 hours a week searching for data and experience “login fatigue” from switching between hundreds of software tools. Compliance risks and data breaches are also a problem, especially with the increasing number of data silos. An organization can build a data warehouse themselves, but the lack of proper resources, required time, and potentially high costs lead to little gain.
Instead, healthcare organizations like skilled nursing facilities can use a robust data warehouse that unifies all data streams into an accessible platform that can be used to enable higher-quality care and more informed decision-making. An integrated data warehouse helps streamline workflows, centralize data sources, organize data, and signal when problems are resolved or updates are complete. This makes it easier for skilled nursing facilities to link timeclock, payroll, CRMs, and more to AI automations while also developing custom patient reports and charts that align with the organizations’ specific operations. A data warehouse eliminates the need for nursing homes to spend time updating integrations, managing SOC 2 and HIPAA compliance, or dealing with lengthy implementation timelines.
Conclusion
By consolidating and leveraging data more effectively, skilled nursing facilities and other healthcare organizations can gain more clarity from their data so they can reduce risks, increase revenue, and most importantly, improve the quality of life for residents. Learn more about how healthcare data warehouse opportunities are abound in your business in the infographic below.
Source: Megadata
