The Importance of a Healthcare Data Room


Healthcare organizations are moving towards a data-driven mindset. Marketing departments must be based on data-driven insight and patients must be reminded to update their records. Additionally, the industry must be able to quickly discover the right information to make strategic decisions. It’s crucial to have a robust and secure healthcare data room.

A health data repository (HDR) consolidates information from various healthcare systems and uses it for queries that are analytical and reporting. It also provides a standard data model and standardizes the use of data from healthcare across an organization. A healthcare DWH typically consists of the staging area and the data storage layer, as well as an analytics and BI tool.

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The healthcare industry is heavily controlled and compliance is essential. A security breach or failure could be catastrophic for healthcare institutions. Therefore, they must design their HDR structures based on the requirements of their specific business applications as well as their determined Recovery Time Objectives and Recover Point Objectives. This includes the implementation of redundant, multi-tiered and geographically separated systems that provide high levels of data integrity and availability in the case of a disaster or emergency.

Healthcare and life science companies rely on virtual data browse around this site rooms to safeguard sensitive, confidential information which can be shared with partners or clients. Virtual data rooms allow collaboration and speed up M&A activities, clinical trials, intellectual property licensing and biotech licensing. It is important to choose a VDR provider that is HIPAA compliant and validated under 21 CFR Part 11.

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