The Health division of Wolters Kluwer has released a cloud-based reference data management (RDM) solution within its Health Language® platform. The new RDM offering provides the data management infrastructure needed to establish a single source of truth, enable interoperability and optimize analytics for regulatory and value-based programs. Business Wire brought this news to our attention in their article, “Wolters Kluwer Introduces Cloud-Based Reference Data Management Solution within the Latest Release of its Health Language Platform.”
RDM is quickly becoming the go-to strategy for healthcare organizations for managing and using growing volumes of clinical and claims data to navigate the many regulatory initiatives that are constantly evolving. The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) and the 21st Century Cures Act are good examples.
Reference data is found in practically every enterprise application including back-end systems, front-end commerce applications, and in data warehouses. Despite its value at turning other data into meaningful business information, it is rarely managed well.
Melody K. Smith
Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.