Question

Information asset is a body of information that is defined and managed as a standalone, single unit that can be shared and exploited to the organization’s benefit. It is referred to as an asset because it has financial value to the organization. Enterprise- wide information assets that are common to large health care organizations include billing systems, EHR/EMR, master patient index, clinical automation systems, patient portals, personal health records, telemedicine, health information exchange (HIE), clinical applications (lab, pharmacy), etc.

Select two (2) information assets from the list above. Through a data warehouse, analyze and demonstrate how data from those two assets could be used to accomplish the identified strategic objective.

Answer 1

#. Two information assets :-

- EHR and billing system

1) EHR is the electronic health record ,it is used to maintain/ record health data of patients electronically .

Data from this asset could be used to accomplish the identified strategic objective as it provides the following benefits for the organization :-

Improve clinical decisions, supporting evidence based medicine, decrease errors, improve quality of care, increase practice efficiency, improve patient communication and satisfaction, easily provide data for research or disease monitors, decrease cost of care, and increase staff recruitment and productivity.

2) Billing system - data from this asset could be used to accomplish the identified strategic objective as it provides the following advantages such as :-

Improved efficiency.

Higher reimbursement.

Fewer errors.

Better reporting.

More thorough documentation