Wolters Kluwer Introduces Cloud-Based Reference Data Management Solution within the Latest Release of its Health Language Platform
The Health division of Wolters Kluwer, a leading global provider of information and point of care solutions for the healthcare industry, announced today the release of a cloud-based Reference Data Management (RDM) solution within its Health Language® platform. The new RDM offering provides the data management infrastructure needed to establish a single source of truth, enable interoperability, and optimize analytics for regulatory and value-based programs.
Healthcare organizations are increasingly turning to RDM as a best-practice strategy for managing and using growing volumes of clinical and claims data to navigate evolving regulatory initiatives such as the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) and the 21st Century Cures Act. A function of Master Data Management, RDM addresses data variability across the industry’s wide array of disparate healthcare terminologies and codes.
The new RDM solution enhances existing analytics and data warehouse investments by offering a flexible cloud-based approach for managing reference data. The Health Language platform provides the following:
- Content—establish a single source of truth for all terminology-related maps, value sets, and code sets by accessing all updates from a web-based content portal.
- Applications—enable interoperability and increase the quality of your analytics with support for mapping clinical and claims data, modeling custom content, managing value sets, and searching terminologies and code sets.
- Web-based APIs—integrate reference data into existing data warehouses or analytics platforms by utilizing a suite of cloud-based APIs, which complements current IT and infrastructure investments.
- Consulting Services—leverage a team of terminology experts consisting of medical informaticists, certified coders, pharmacists, and PhDs to elevate the quality of your analytics and data management programs.
“Wolters Kluwer is committed to providing innovative and flexible terminology management solutions that empower providers, payers, and health IT vendors to prioritize and streamline interoperability and to optimize big data and analytics initiatives across the healthcare ecosystem," said Dan Buell, General Manager and Executive Leader, Health Language at Wolters Kluwer. “The release of our new RDM solution furthers this commitment by helping organizations establish and maintain a single source of truth and overcome challenges associated with evolving regulatory requirements and quality measure reporting.”
For more information about the Health Language RDM solution, please visit www.healthlanguage.com or visit the Wolters Kluwer booth (#1543) at the 2017 HIMSS Conference and Exhibition in Orlando, Fla.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
Wolters Kluwer Health is a leading global provider of information and point of care solutions for the healthcare industry. For more information about our products and organization, visit http://www.wolterskluwer.com/, follow @WKHealth or @Wolters_Kluwer on Twitter, like us on Facebook, follow us on LinkedIn, or follow WoltersKluwerComms on YouTube.