IG AND RETENTION MANAGEMENT
IN HEALTHCARE
Information governance (IG) and retention management can help healthcare organizations reduce risk and improve efficiencies. In a webinar hosted by Health Data Management, an online publication, two healthcare organizations, Advocate Aurora Health and LifePoint Health, shared their experiences and attendees shared their healthcare organization's IG and retention management status.
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The State of IG in Healthcare
We asked the webinar attendents to select the statement that best describes their healthcare organization's current state of IG:
25%
of respondents said IG is chartered by senior leaders with a budget and steering committee.
28.1%
of respondents said IG is advanced by an interdisciplinary group but has no budget or explicit senior support.
31.2%
of respondents said IG is being discussed but no commitment has been made.
15.6%
of respondents said IG is not a priority and there is little knowledge or interest in learning more.
Advocate Aurora Health and LifePoint Health
shared the results of implementing IG
at their healthcare organizations:
Advocate Aurora Health classified over 87% of their organization's information.
LifePoint Health drove
storage costs down by 64%.
LifePoint Health also realized $377K in total annual savings by standardizing storage with a single vendor.
The State of Records Retention Management in Healthcare
We asked the webinar attendents to select the statement that best describes their healthcare organization's current state of records/data retention management:
27.8%
of respondents said they have completed an enterprise-wide update of our retention plan and schedule and have implemented changes.
27.8%
of respondents said they are planning a major retention update.
27.8%
of respondents said they know they need to do it but they are still building the case.
16.7%
of respondents said retention managemnt is not a priority at this time.
Advocate Aurora Health and LifePoint Health Retention Results
Advocate Aurora Health destroyed 9 miles of film
and 15 miles of carton space.
Advocate Aurora Health recouped silver from
film which self-funded 95% of destruction.
