Why retain legacy data and what are your options?
Data retention is exactly what it sounds like – storing or retention of data. Many healthcare facilities retain their data for a specific amount of time, as it helps in being compliant to providing historical information to providers and patients whenever required. This process may sound simple, but it is instead hidden under several layers of requirements that are necessary. It’s not just the mandated requirements that should make your facility consider retaining your data. Data is precious and what you do with it, can make a huge difference to your facility’s growth. So, it is essential to understand why data retention is important and how you should retain data. Therefore, let’s take a look at why it is essential for healthcare facilities to retain their legacy data and what best are their best options to do so.
Why healthcare facilities must retain their data 1. The exponential growth of data in healthcare One of the major reasons retention has become essential is due to the exponential growth of data. When the healthcare industry started moving from paper to digital storage, healthcare facilities had to upscale and store data from previous years while also dealing with the growth of data in the future. The graph below shows the growth in healthcare data in electronic