Master Data vs. Reference Data: A Healthcare Perspective Industry experts predict rapid growth for healthcare data management and data analytics tools over the next few years. According to current estimates, the value of the global big data in the healthcare...
5 Master Data Management Tools for Healthcare Businesses The global healthcare data market is on pace to triple – from $32.9 billion in Q4 of 2021 to $105.7 billion by 2030 – over the next seven years. As healthcare organizations generate and manage rapidly expanding...
The Single Source of Truth (SSoT) in Healthcare Data Management Single source of truth (SSoT) data management is rapidly becoming a top priority for healthcare organizations. Today, the healthcare industry accounts for 30% of the staggering 3.5 quintillion bytes of...
How to Eliminate Bad Data in Health Insurance Claims According to recent studies, bad data in health insurance claims costs U.S. healthcare organizations approximately $3.1 trillion annually and consumes 40% of industry IT outlays. Data disparities across sprawling...
4 Master Data Management Best Practices in Healthcare Organizations in all industries are struggling to keep up with the rapidly accelerating proliferation of digital data occurring in nearly all day-to-day operations. The healthcare industry currently accounts for...
Master Data Management for Growing Biotech Startups Keeping pace with the growing need for master data management (MDM) for biotech startups that run clinical trials, monitor patient IoT devices, and model large data sets is likely to become increasingly challenging...