In the healthcare sector, data virtualization (DV) is gaining traction. It's still a hot subject, with many leading industry experts hailing it as a game-changer.
The majority of these experts are speculating about how this ostensibly novel approach to data processing will aid in cost reduction and efficiencies. Understandably, this feature, among many others, is piqueing their and our interest.
Interest in data virtualization is increasing.
Although most healthcare organisations have benefited greatly from the digital revolution in terms of value and quality, some are unable to meet the challenge of data convergence due to the ever-present bottlenecks of data silos and disparate structures. Furthermore, even major healthcare conglomerate mergers and acquisitions have resulted in the duplication of records that are explicitly reliant on archaic structures or proprietary code. To make matters worse, entering these systems is accompanied by stringent HIPAA regulations and mandates, as well as high costs.
There is, fortunately, a solution to such a dilemma. It enables effective data integration without requiring physical changes to the data's current position. This is something that virtualization technology can help you with. It enables doctor's offices, clinics, laboratories, treatment centres, hospitals, and other healthcare systems to build a more agile data infrastructure by allowing real-time continuous data access to existing electronic medical records (EMR) or electronic health record (EHR) systems, including patient portals, without modifying the source code.
While the phenomenal growth of data and the adoption of the latest business intelligence (BI) software are two big impetuses for improved data integration, there are other primary benefits that can be accomplished without sacrificing your core business requirements, and this new methodology comes to the rescue, providing the following advantages:
Data virtualization is a promising new data warehousing alternative. It gives you a unified view of all the information in your business. The primary benefits of this new concept are agility, real-time knowledge, time-to-market, remote data access, and, without a doubt, simplicity. Virtualization allows you to access data from anywhere, regardless of whether you have a data warehouse or not. This is a key advantage of virtualization.
The obvious question that arises is: how to improve patient experience in hospitals after spending years building a data warehouse, why do we need data virtualization now? The question cannot be answered with a categorical "yes" or "no." In reality, the response is contingent on a number of factors that must be considered first. Let's not polarise the ideas of virtualization and warehousing, however. The latter, logically, should complement the former. Data warehousing has a number of well-established benefits.
However, with the rise of big data technology, integrating or consolidating all of the rising data, whether structured or unstructured, into a proper proprietary warehouse is becoming a more difficult job. A virtualization solution will provide unparalleled speed, simplicity, and ease of access to data to a larger number of end-users.
Our Healthcare Data Warehouse experts combine our personalised dashboards, reports, and application functionality to create a user-friendly experience that is easy to navigate for staff and multiple users. This helps everyone to have real-time access to relevant information.
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