Many industries are turning to data to revolutionize their processes, achieve greater efficiency and identify valuable insights that can boost profitability. Analysts are hoping that healthcare will be one of the biggest beneficiaries of this trend. The United States spent an estimated $9,000 on healthcare for each person across the country, according to Forbes. If providers can leverage data to deliver cost-effective care, they might be able to bring that figure down.
However, healthcare providers will need to collect an immense amount of data for every patient to achieve those goals. Electronic health records store information about individuals' health histories, allergies, treatment plans and admissions reports. Hospitals and private practices will need interoperable platforms that can transfer information in real-time so it can be accessed by specialists, first responders or new providers when individuals need treatment.
Data quality is of the utmost importance for healthcare professionals. If they suffer from "dirty data," they may be putting their patients' lives in danger. Inaccurate entries, disparate fields and expired information can lead to mistakes that might be life-threatening, if it means a doctor prescribes a medication to the wrong patient or administers improper treatment because records have not been updated.
To address challenges that currently face the healthcare industry, The Heritage Provider Network (HPN), The Advisory Board Company and the Bipartisan Policy Center have announced a contest that will reward developers who create solutions for data delivery and payment platforms.
Contest participants who develop solutions that help providers tackle their most significant problems using the data at their disposal, while remaining in compliance with HIPAA privacy laws, eliminating identifying information and providing access without compromising security, among other requirements, are eligible for a prize through the competition.
As healthcare providers look to implement electronic patient portals and health records, they should consider investing in address management and email verification solutions to confirm users' identities before granting access to sensitive records.
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