Oracle announced significant enhancements to its healthcare solutions at the Oracle Health Conference. The company aims to provide innovative technology solutions that enhance patient care, streamline processes, and foster collaboration within the healthcare ecosystem.
The healthcare-specific capabilities include financial consolidation and reporting, procurement, replenishment planning, and recall management. These capabilities will be part of Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), and Oracle Fusion Cloud Supply Chain & Manufacturing (SCM).
One of the major enhancements is a new cloud-based Electronic Health Record (EHR) platform focused on improving patient and provider experiences. The platform offers consumer-grade applications with a modern interface and intuitive processes. Patients will have access to a secure portal where they can conveniently input their health data through document recognition, computer vision, and voice services. This reduces manual data entry, streamlines processes, and improves efficiency for both patients and healthcare providers. Patients can also perform self-service actions like scheduling appointments and checking lab results using voice commands. The EHR platform is built on Oracle Cloud Infrastructure, ensuring high performance, data security, and access to artificial intelligence (AI) technology.
Oracle Health is committed to an open and interoperable EHR system, allowing partners, customers, and third-party vendors to create customizations, new experiences, and workflows. The company is making clinical and financial resources available through public Application Programming Interfaces (APIs). These APIs will enable deeper integration with Oracle’s clinical solutions and expand the ecosystem of healthcare solutions.
The company has introduced generative AI services integrated with the EHR solutions. The Oracle Clinical Digital Assistant leverages generative AI and voice commands to reduce manual work for providers and automate note-taking during appointments. Patients can also use voice commands for self-service actions and get AI-driven answers to healthcare-related questions.
Oracle Fusion Cloud HCM is receiving AI-powered workforce management capabilities to support healthcare organizations’ staffing needs. Managers can match workers to assignments based on real-time patient and workforce data.
These enhancements in Oracle’s healthcare solutions support various healthcare delivery models, including telehealth and home- and community-based care. They will be rolled out over the next 12 months, offering healthcare organizations the flexibility to adopt them as needed.
Sources:
– Zacks Investment Research (no URL)
– Oracle Corporation (no URL)
