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What is MDM Healthcare?

Definition. Master Data Management (MDM) is the practice of cleansing, rationalizing and integrating data into an enterprise-wide “system of record” for core business activities. It is a discipline used to bring order and control to data. Identity Data – such as patient, provider and location identifiers.

Likewise, what is the meaning of MDM?

master data management

Furthermore, what is healthcare data management? Healthcare data management is the process of storing, protecting, and analyzing data pulled from diverse sources. Managing the wealth of available healthcare data allows health systems to create holistic views of patients, personalize treatments, improve communication, and enhance health outcomes.

Keeping this in consideration, what is master data in healthcare?

Our first order of business is to define master data. Master data is critical business data shared among multiple systems. In healthcare, we divide master data into two types: Identity data—such as patient, provider, and location identifiers.

Why is MDM important?

MDM helps your organization do the following and more: Ensure Timely Product Recalls. Facilitate Privacy Management. Implement Effective Customer Care Programs. Improve Business Processes.

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