In this webinar, learn why Express Scripts, a leading pharmacy benefit manager with the nation’s largest mail order pharmacy operations is the winner of the 2012 Data Governance Best Practice Award.
The Data Governance and Stewardship Programs at Medco, now Express Scripts, were implemented in order to instill an enterprise-wide culture in which data is truly valued, protected, and deployed to its optimal advantage. The program was built on the bedrock foundation of a strong Data Quality Program and expanded to address the needs of an increasingly diverse enterprise.
We will describe some of the key differentiators of our program, including:
Our approach to obtaining and retaining executive sponsorship, including the use of “Sponsor Maps” to engage our internal sponsors and assure their on-going support for Data Governance
The close collaboration we have fostered with our internal partners such as Legal, Privacy & Compliance and IT, particularly with respect to MDM
Our comprehensive training and certification program for Data Stewards and establishment of a true Data Stewardship community of practice
The decision to focus on and adhere to critical industry best practices, adapting them to our environment and circumstances when needed, such as:
The development of custom guidelines for data definitions
In alignment with our Agile Software Development (SD) process, organizing our program development into a series of highly focused 90 day sprints
We will also describe the benefits that have accrued to the organization as a result of Data Governance. Some of the key benefits of data governance realized thus far are cost avoidance, increased revenue, reduced risk of inappropriate usage of data, and improved patient health (due to improved awareness of ‘gaps in care’), yielding what we consider our “trifecta” of benefits: to our patients, to our clients and to our organization.
Our overall goal was to achieve true culture change, transforming from a company that uses data to one that truly values data.
https://vshow.on24.com/vshow/erworld2012/content/531503