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Oracle's cost-effective healthcare solution leverages a modern cloud and single source of truth to address risk and cost of care—all while keeping clinical data secure. Oracle’s solution supports the quadruple aim framework that spans cost, population health, patient experience, and clinician satisfaction.
Most healthcare organizations have a formal costing process, but few are able to achieve visibility across the entire episode of care. Oracle’s solution provides this granularity, giving you the ability to combine cost with quality and clinical data for root-cause analysis. With new insight, your organization can improve agility and competitiveness.
Oracle’s solution enables you to understand the cost of new, value-based contracts and predict risk within patient populations. With it, you can proactively drive interventions that reduce both admissions and readmissions.
Healthcare IT is typically faced with numerous on-premises costing, clinical, and reporting systems that add complexity and inefficiencies when analyzing cost and clinical information. Oracle’s solution provides a single source of truth. Leveraging Oracle's secure, public cloud, it ensures compliance while enabling more-effective decision support.
Healthcare providers need to make a direct link between cost and quality of care. Many organizations are capitalizing on electronic records, quality indicator data, new cost methodologies, and the cloud. With the right approach, organizations can deliver high-quality patient services and stay competitive.