MongoDB Delivers Performance, Scale and Functionality to Help Verity Solutions Drive Competitive Advantage with Data-intensive Application
Verity Solutions is driven to help healthcare organizations save money so they can extend care to those who need it most. Their technology enables hospitals to maintain compliance and maximize cost savings related to the healthcare industry law known as 340B. Enacted in 1992, 340B provides hospitals with economic relief from the financial burden of servicing indigent, under-insured, or uninsured patients.
The Verity 340BTM platform built on MongoDB ingests data from a variety of hospital systems, including prescription, patient health, admission, discharge and drug provisioning data. It then matches that data against internal hospital dispensaries and third-party pharmacies to determine which prescriptions are eligible for discount. In turn, qualifying hospitals can take advantage of significant discounts off average wholesale drug prices. One hospital using Verity is able to provide millions in indigent care due to savings achieved through use of Verity’s product.
When a pharmacy needs to replenish inventory, getting medications on the shelf is of utmost importance. The MongoDB-powered Verity platform delivers the operational reliability and availability to ensure hospitals can quickly restock prescriptions, all while avoiding non-compliance penalties and optimizing savings on qualified transactions.
MongoDB gives us a competitive edge for our data-intensive application,” said Mark Cassidy, CTO, Verity Solutions. “We consistently hear from hospitals that tasks that require up to ten minutes to complete on competitive solutions are performed in mere seconds on our MongoDB-powered platform.
MongoDB fit Verity’s requirements for scale, performance and operational efficacy. Developers are able to be more productive throughout the lifecycle with MongoDB’s document model that makes schema changes effortless, while ongoing administration, management and scaling operations have proven to be easy and efficient. MongoDB Cloud Manager, which provides comprehensive performance visibility and monitoring, also simplifies how Verity performs snapshot backups.
MongoDB will also enable Verity to store all customer data in a single database in order to create benchmarks across hundreds of hospitals. With no standard reference currently available, this will be one of the first time hospitals have insight into how they compare with the rest of the industry on drug spend. If a hospital’s non-discounted drug spend is higher than others in a similar cohort, for example, the new insight provided by Verity will help the hospital identify new opportunities for cost savings. At the same time, if a hospital is doing well with their savings rate, Directors of Pharmacy gain concrete ROI data to share with the CFO. Leveraging this data across their entire customer base translates to competitive advantage for Verity.
The more we can leverage the data assets we have, the more types of data we can ingest and apply various types of analytics that can be offered back to our customers,” said Cassidy. “With MongoDB, we have access to a wider scope of data that enables us to build new applications we may not have thought about in the past.
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How DataSwitch And MongoDB Atlas Can Help Modernize Your Legacy Workloads
Data modernization is here to stay, and DataSwitch and MongoDB are leading the way forward. Research strongly indicates that the future of the Database Management System (DBMS) market is in the cloud, and the ideal way to shift from an outdated, legacy DBMS to a modern, cloud-friendly data warehouse is through data modernization. There are a few key factors driving this shift. Increasingly, companies need to store and manage unstructured data in a cloud-enabled system, as opposed to a legacy DBMS which is only designed for structured data. Moreover, the amount of data generated by a business is increasing at a rate of 55% to 65% every year and the majority of it is unstructured. A modernized database that can improve data quality and availability provides tremendous benefits in performance, scalability, and cost optimization. It also provides a foundation for improving business value through informed decision-making. Additionally, cloud-enabled databases support greater agility so you can upgrade current applications and build new ones faster to meet customer demand. Gartner predicts that by 2022, 75% of all databases will be on the cloud – either by direct deployment or through data migration and modernization. But research shows that over 40% of migration projects fail. This is due to challenges such as: Inadequate knowledge of legacy applications and their data design Complexity of code and design from different legacy applications Lack of automation tools for transforming from legacy data processing to cloud-friendly data and processes It is essential to harness a strategic approach and choose the right partner for your data modernization journey. We’re here to help you do just that. Why MongoDB? MongoDB is built for modern application developers and for the cloud era. As a general purpose, document-based, distributed database, it facilitates high productivity and can handle huge volumes of data. The document database stores data in JSON-like documents and is built on a scale-out architecture that is optimal for any kind of developer who builds scalable applications through agile methodologies. Ultimately, MongoDB fosters business agility, scalability and innovation. Key MongoDB advantages include: Rich JSON Documents Powerful query language Multi-cloud data distribution Security of sensitive data Quick storage and retrieval of data Capacity for huge volumes of data and traffic Design supports greater developer productivity Extremely reliable for mission-critical workloads Architected for optimal performance and efficiency Key advantages of MongoDB Atlas , MongoDB’s hosted database as a service, include: Multi-cloud data distribution Secure for sensitive data Designed for developer productivity Reliable for mission critical workloads Built for optimal performance Managed for operational efficiency To be clear, JSON documents are the most productive way to work with data as they support nested objects and arrays as values. They also support schemas that are flexible and dynamic. MongoDB’s powerful query language enables sorting and filtering of any field, regardless of how nested it is in a document. Moreover, it provides support for aggregations as well as modern use cases including graph search, geo-based search and text search. Queries are in JSON and are easy to compose. MongoDB provides support for joins in queries. MongoDB supports two types of relationships with the ability to reference and embed. It has all the power of a relational database and much, much more. Companies of all sizes can use MongoDB as it successfully operates on a large and mature platform ecosystem. Developers enjoy a great user experience with the ability to provision MongoDB Atlas clusters and commence coding instantly. A global community of developers and consultants makes it easy to get the help you need, if and when you need it. In addition, MongoDB supports all major languages and provides enterprise-grade support. Why DataSwitch as a partner for MongoDB? Automated schema re-design, data migration & code conversion DataSwitch is a trusted partner for cost-effective, accelerated solutions for digital data transformation, migration and modernization through a modern database platform. Our no-code and low-code solutions along with cloud data expertise and unique, automated schema generation accelerates time to market. We provide end-to-end data, schema and process migration with automated replatforming and refactoring, thereby delivering: 50% faster time to market 60% reduction in total cost of delivery Assured quality with built-in best practices, guidelines and accuracy Data modernization: How “DataSwitch Migrate” helps you migrate from RDBMS to MongoDB DataSwitch Migrate (“DS Migrate”) is a no-code and low-code toolkit that leverages advanced automation to provide intuitive, predictive and self-serviceable schema redesign from a traditional RDBMS model to MongoDB’s Document Model with built-in best practices. Based on data volume, performance, and criticality, DS Migrate automatically recommends the appropriate ETTL (Extract, Transfer, Transform & Load) data migration process. DataSwitch delivers data engineering solutions and transformations in half the timeframe of the existing typical data modernization solutions. Consider these key areas: Schema redesign – construct a new framework for data management. DS Migrate provides automated data migration and transformation based on your redesigned schema, as well as no-touch code conversion from legacy data scripts to MongoDB Atlas APIs. Users can simply drag and drop the schema for redesign and the platform converts it to a document-based JSON structure by applying MongoDB modeling best practices. The platform then automatically migrates data to the new, re-designed JSON structure. It also converts the legacy database script for MongoDB. This automated, user-friendly data migration is faster than anything you’ve ever seen. Here’s a look at how the schema designer works. Refactoring – change the data structure to match the new schema. DS Migrate handles this through auto code generation for migrating the data. This is far beyond a mere lift and shift. DataSwitch takes care of refactoring and replatforming (moving from the legacy platform to MongoDB) automatically. It is a game-changing unique capability to perform all these tasks within a single platform. Security – mask and tokenize data while moving the data from on-premise to the cloud. As the data is moving to a potentially public cloud, you must keep it secure. DataSwitch’s tool has the capability to configure and apply security measures automatically while migrating the data. Data Quality – ensure that data is clean, complete, trustworthy, consistent. DataSwitch allows you to configure your own quality rules and automatically apply them during data migration. In summary: first, the DataSwitch tool automatically extracts the data from an existing database, like Oracle. It then exports the data and stores it locally before zipping and transferring it to the cloud. Next, DataSwitch transforms the data by altering the data structure to match the re-designed schema, and applying data security measures during the transform step. Lastly, DS Migrate loads the data and processes it into MongoDB in its entirety. Process Conversion Process conversion, where scripts and process logic are migrated from legacy DBMS to a modern DBMS, is made easier thanks to a high degree of automation. Minimal coding and manual intervention are required and the journey is accelerated. It involves: DML – Data Manipulation Language CRUD – typical application functionality (Create, Read, Update & Delete) Converting to the equivalent of MongoDB Atlas API Degree of automation DataSwitch provides during Migration Schema Migration Activities DS Automation Capabilities Application Data Usage Analysis 70% 3NF to NoSQL Schema Recommendation 60% Schema Re-Design Self Services 50% Predictive Data Mapping 60% Process Migration Activities DS Automation Capabilities CRUD based SQL conversion (Oracle, MySQL, SQLServer, Teradata, DB2) to MongoDB API 70% Data Migration Activities DS Automation Capabilities Migration Script Creation 90% Historical Data Migration 90% 2 Catch Load 90% DataSwitch Legacy Modernization as a Service (LMaas): Our consulting expertise combined with the DS Migrate tool allows us to harness the power of the cloud for data transformation of RDBMS legacy data systems to MongoDB. Our solution delivers legacy transformation in half the time frame through pay-per-usage. Key strengths include: ● Data Architecture Consulting ● Data Modernization Assessment and Migration Strategy ● Specialized Modernization Services DS Migrate Architecture Diagram Contact us to learn more.