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In the fast-paced world of financial services, data is the lifeblood of operations. However, the quality of that data can significantly impact a company’s success. Gartner’s 12 Actions Data and Analytics Leaders Can Take to Improve Data Quality provides a roadmap for organizations to improve their data practices. According to Gartner, poor data quality costs …
In recent focus groups hosted both virtually and in-person at the recent CHIME Fall Forum in San Diego, the drumbeat of conversation around topics like the importance of well architected “Patient 360” strategies and the potential for Artificial Intelligence (AI) to revolutionize healthcare remained strong. What was even more top of mind for healthcare leaders however, was …
Artificial intelligence (AI) is transforming healthcare at an astonishing rate, particularly in areas like patient experience, data management, and clinical efficiency. Keeping pace with emerging use cases is challenging—and exciting. Our recent webinar, The art of the possible: AI in healthcare and identity management, provided a compelling look at how AI is reshaping the future …
The coming decades will witness a financial phenomenon unlike any other: the Great Wealth Transfer. Baby boomers, the wealthiest generation in history, are poised to transfer a staggering $72 trillion to their heirs over the next 20 years. [1] This presents a massive opportunity for financial services firms, but also a significant challenge – identity …
Accurate and complete data is critical for effective health interventions and equitable care delivery. However, today’s public health organizations and Medicare agencies face significant challenges in matching and managing identity data across fragmented systems — in other words, in knowing who is who across their many programs and applications. During a recent webinar, the Virginia …
The healthcare industry generates 30% of the world’s data volume—a number that is expected to surge in the coming years, growing faster than any other industry. This presents a problem not only because most organizations have trouble managing the data they have today, which often exists in fragmented silos, but they lack a strategic approach …
In a recent executive roundtable hosted by Verato, CIOs and CMIOs from leading healthcare organizations gathered to discuss the critical role of enterprise healthcare master data management (hMDM) in delivering exceptional patient experiences and optimizing operational efficiency. The event focused on designing a best-in-class architecture for knowing “who is who” across the enterprise, addressing the …
Healthcare organizations often face challenges in managing patient, consumer, member, and provider identities across their enterprise, especially as the rapid growth in digital initiatives and expanding service lines means patients have multiple touchpoints outside of the primary electronic health record (EHR). During a recent focus group consisting of Verato customers who use Epic® as their …
Taming the data deluge: Driving effective member and provider data management with accurate identity
Healthcare organizations face a data deluge and health plans may be one of the hardest hit. Health plans grapple with managing both member and provider data – a herculean task considering the sheer volume of data flowing in and out of systems each month. Health insurers generate a staggering 1 petabyte of pricing data monthly, …