T24 Data Lifecycle Management: Native
Temenos Transact systems accumulate massive historical data over time, as continuous banking operations generate decades of
Read postArchon Data Store modernizes the data management strategies of healthcare industry with cost-efficient, compliant, long-term data retention, and data accessibility solutions – while significantly safeguarding the historical data of patient records.
Healthcare industry generates vast amounts of data every day including clinical data, medical records, administrative documents, and research reports. These data are digital as well as traditional paper-based records. Retaining both forms of healthcare data is essential for patient care retention policies, audits, legal needs, and compliance regulations like HIPAA. However, keeping paper-based records for a long time is impossible, and accessing them is difficult too. Storing digital records in legacy systems poses security risks, increases IT resource costs, and reduces the performance of production systems.
Outdated systems make interoperability and HIPAA compliance a struggle—Legacy tools like Epic and Cerner struggle to keep up with modern demands, stifling patient care. Potential exposures are possible with your outdated operating systems like Solaris, IBM and HPUX. Besides, the yearly maintenance cost to support these legacy systems runs into millions.
Why do you have to retire these legacy clinical applications from their operations imperative? Enterprises must take steps to protect their clinical data since the severity of data breaches continues to rise. Unprotected health information may even lead to PII theft. Organizations may face hefty fines for failing to protect PHI, which is the regulatory requirement for HIPAA.
To address these challenges, healthcare industry focuses on modernizing its data management process. This is where Platform 3 Solutions plays a crucial role with its core product Archon Data Store (ADS), a secure archival platform—primarily focuses on legacy application decommissioning, data migration, and compliant-secure archival.
Patient3Sixty, the flagship product of Platform 3 Solutions specifically built for Healthcare industry. It brings effective patient data governance with a comprehensive clinical view of patients’ records.
In healthcare industry, storing your non-active data is as important as managing active data. Storing such inactive historical data escalates operational costs. Data storage in legacy systems becomes vulnerable to tampering. With its robust platform, ADS archives active systems and legacy systems alike. Thus, ADS reduces the storage cost by freeing up the production systems and strengthening data immutability.
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Patient data protection is crucial in healthcare industry. Meeting regulatory compliance standards is also significant. ADS’s security mechanism safeguards sensitive patient information. Archival meets compliance requirements of healthcare regulations and retention policies.
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Managing records in outdated legacy systems like EPIC and Cerner is a constant pressure for healthcare enterprises. Maintaining clinical data and operational data is costly and has compliance risks. Decommissioning such legacy applications and modernizing data archival process is essential. ADS decommissions outdated systems with secure, scalable solutions. It provides future-proof access to healthcare records with audit-ready and compliant-ready capabilities.
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With Patient3Sixty application, you can get a comprehensive solution for decommissioning your obsolete clinical systems and integrating information into primary EMR. Single point access to patient records and reducing data retrieval time. Accounts Receivable (AR) burn-down with revenue cycle management and financial performance.
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Check out our definitive guide to security & compliance within Archon Data Suite, and learn more about the product architecture, design considerations, our methodology, and our approach to data processing.
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