Clinical Data Management (CDM) is an area that has been growing in importance over the past few years. With healthcare organizations moving to electronic medical records and adopting EHR systems, there has been a pressing need for a system that streamlines access to patient data.
Clinical Data Management
CDM software, also known as MDM software or ECMDM software, is one such solution, as it manages clinical data from EHRs in an organized and structured manner. In this blog post, we will explore what Clinical Data Management is, the benefits of using CDM software and the different types of CDM solutions.
What is Clinical Data Management?
Clinical data management is effectively the process of managing the data of patients within EHRs. It is an essential component of any EHR system and refers to the software that manages data on patients such as demographic information, medication and treatment details, lab results, and more. Essentially, it’s a system that ensures that data is properly organized, accessible, and secure.
This is particularly important for healthcare organizations, as it enables them to share data seamlessly across departments and providers, speeding up patient care and improving overall efficiency. While clinical data management can be achieved manually, it is time-consuming and prone to errors. Using CDM software eliminates these issues and allows hospitals to manage large amounts of data more efficiently and effectively.
It is also important to note that the term clinical data management is different from clinical data migration. While the latter directly pertains to transferring data from one system to another, clinical data management refers to managing data within a single EHR system.
Benefits of CDM Software
When implemented correctly, CDM software can yield many benefits for healthcare organizations. These include:
1- Better data security and governance.
2- Streamlined data flow.
3- Improved collaboration between departments.
It can also save time, as it streamlines data entry and ensures that information on patients is available to providers instantly. Beyond purely functional benefits, CDM software can also generate new revenue streams for healthcare organizations. For example, it can enable organizations to sell anonymized patient data to third parties for research and analytics purposes. This can be a lucrative source of extra income for healthcare organizations, as data is expected to be a $200 billion industry by 2020.
Beyond these practical benefits, CDM software also enables organizations to comply with regulatory standards such as HIPAA and GDPR. This is particularly true for organizations that use cloud-based CDM software, as they are able to use virtual data rooms to store and manage patient data without ever having to store this data onsite. This has many benefits, as it can help organizations avoid fines and ensure regulatory compliance.
Types of Clinical Data Management Software
1- Clinical Data Management Platform - A CDM platform is a complete solution that includes all stages of the clinical data management process, from data collection and transformation to secure storage and analytics. This type of CDM solution is ideal for larger organizations that need an enterprise-level solution.
2- Clinical Data Transformation Solution - This type of CDM solution focuses on the data transformation stage, which transforms data from one format to another in order to integrate it with an EHR. This is particularly useful for organizations that are in the process of migrating to an EHR and need a tool to migrate data from their legacy system to the new one.
3- Clinical Data Storage Solution - A CDM storage solution is primarily used to store patient data such as demographic information and medical records. This is usually done using a virtual data room, which is a secure online space.
Clinical Data Management is an important component of EHR systems, as it manages the data on patients and ensures that it is properly organized, accessible, and secure. It also enables healthcare organizations to comply with regulatory standards such as HIPAA and GDPR. Clinical data management can be achieved manually, but it is time-consuming and prone to errors.
Using CDM software eliminates these issues and allows hospitals to manage large amounts of data more efficiently and effectively. Clinical data management is different from clinical data migration, which directly pertains to transferring data from one system to another. CDM software can yield many benefits for healthcare organizations, such as better data security and governance, streamlined data flow, and improved collaboration between departments.
It can also save time, as it streamlines data entry and ensures that information on patients is available to providers instantly. Beyond these practical benefits, CDM software can also enable organizations to comply with regulatory standards such as HIPAA and GDPR.