Data Governance Community of Practice Season 1 - Session 5: Master & Reference Data Management

Original Event: May 19 2021
"Master & Reference Data Management"

Session 5: Master and Reference Data Management
The second most esoteric concept
Initially high investment, subsequent high payoff
Can greatly shorten time-to-insight
What is Master Data?
The 5 P’s – Patients (or People), Providers, Places, Payers, Procedures
Contrast Master Data in Healthcare versus other industries
What is Reference Data?
The obvious – ICD, CPT, SNOMED
The not-so-obvious – internal codes – encounter types, financial classes,
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