Partners Healthcare System typically has data
on patients, physicians, staff, insurance, hospitals and physical assets but
these data items are seldom held in one location. Partners will suffer without MDM
strategy because in the healthcare industry, MDM is essential to integrating
all types of patient data and physician notes, lab tests and results, drug-allergy,
and other data linked with the patient’s care. Master
Data Management strategy should address a variety of business units and
technical concerns because data quality is integral to MDM. It
should include orderly and synchronize updates to ensure that single
source of data obtains the most accurate information and accessible. Partners MDM should bring out
the value of all types of data: transactional data, unstructured data, social
media data, and machine data to ensure optimal decision support and to monetize
the data assets. In order to have a successful MDM strategy,
pioneers inside all business units must be engaged in the improvement of the
procedure, and additionally persistently associated with progressing
administration discussions. Moreover, there are a few
practices Partners Healthcare ought to consider when creating and executing a
Master Data Management strategy:
Watch out for ROI:
A typical ROI ought to be built up at the start of an MDM strategy development.
Business units usually obtain distinctive goals, and the return on investment ought
to be analyzed after each period of a rollout.
For MDM to be successful, staff and physicians must
be prepared and consistently retrained on the best way to enter, arrange,
store, and access data.
rolling out MDM strategy, Partners should first focus on a smaller data set.