Special Report:
Health Sciences
June 2009
Oracle's recent acquisitions of Conformia's intellectual property and Relsys, underscore its commitment to health sciences. With these new partnerships, Oracle will continue to be uniquely positioned with the products, vision, resources, and industry expertise to fulfill existing and emerging needs in an environment characterized by the expansion of clinical trials and increased linkages across life sciences and healthcare. In this special package, Profit Online editors have pulled together advice from Oracle experts who talk about the future of the industry, and how technology continues to shape it. Plus learn about how Oracle customers are using its products to change their companies — and the lives of their patients.
White Paper: Six Sigma and Predictive Modeling (pdf)
Progressive manufacturers are looking to extend the effectiveness of their Lean Six Sigma iniatives — which blend Six Sigma for quality and Lean Speed to enhance efficieny as well as reduce waste — with predictive modeling techniques, such as Monte Carlo simulation, to gain new insight and drive further improvements across their organization.
5 Ideas: Healthcare
“Notwithstanding the current economic climate, we see healthcare as one of the fastest-growing vertical markets, not just in the U.S. but worldwide,” says Mark Holland, program director of healthcare provider research at Health Industy Insghts. What are other experts saying about current health care trends?
The University of Pennsylvania Health System's Prescription for Success
With healthcare costs skyrocketing, healthcare providers are working harder than ever to develop rigorous budgeting processes that are transparent, flexible, and responsive. Those that reduce the time it takes to react to market changes, align financial and operational planning, and improve business predictability can retain their competitive edge while others decline. Investing in a best-in-class budgeting and forecasting solution can help meet these objectives and strengthen a provider’s ability to withstand the turbulence of today’s healthcare environment.
White Paper: Enabling Operational Efficiency In Clinical Trial Management (pdf)
Increasing globalization of clinical trials, driven by the need to lower costs and recruit participants; greater outsourcing; more complex trials and postmarketing studies. These are just some of challenges facing the biopharmaceutical industry. Many of these issues can be addressed to some degree with currently available IT technology. However, as the technology evolves, it will sustain and drive forward the eclinical vision. Collaboration tools that make all participants in clinical trials more productive can only be beneficial, and robust CTMS solutions that are built to support business processes instead of focusing on collecting data will come to the fore.
White Paper: The Rise of Healthcare Consumerism (pdf)
Due to passage of the American Reinvestment and Recovery Tax Act of 2009 and other sustained market influences the dynamics of the healthcare market are evolving with a new force, shaping many issues for healthcare providers and consumers. The hope is that these
changes will provide for a better consumer experience, by way of more input into the medical decisions that affect them and their dependents, and more healthcare information that is specific to their medical condition.