Why Data Warehouses Are Best for Healthcare Businesses

Modern society has been revolutionized by the invention of computers and the healthcare industry is no exception. Because most patient records are file types rather than pen-and-paper documents, they have become more useful than ever. Traditionally, data is manually gathered, entered, verified for accuracy, and then submitted. However, an average of 367 software tools are used by large healthcare organizations, meaning knowledge workers have to work hard to get even the first step completed. When extended to an entire workweek, around 11.6 hours are wasted simply gathering the relevant information for their job.

So, how has technology changed this? Around 66% of physicians have already begun applying AI to the more menial tasks of the healthcare industry, such as submitting prior authorization and documenting billing codes. However, utilizing AI raises privacy concerns with patient data that is meant to be secure. More than that, AI requires a team of trained IT technicians, which is more costly than the traditional method.

Fortunately, Mega Data has created a solution that not only makes compiling data easier, but also gives you the insight of AI. With a data warehouse, you can effectively encode your data to make it HIPAA and SOC2 compliant while making it a breeze for your own employees to access. They also offer over 70 application integrations alongside AI, meaning you can customize it to your liking. Regardless of how big your organization is, data warehouses are the best way to keep your data safe, accessible, and useful.

Source: Megadata