New digital technology is creating life-changing opportunities in healthcare, from identifying new diseases at scale to enabling real-time monitoring of health epidemics to synthesizing new medications.
Innovations like wearables are introducing new methods of recording crucial medical data, which, when processed by AI and machine learning tools, McKinsey believes they could save $100 billion each year for medicine and pharma.
Data can also be used to transform operational reporting, helping medical professionals get deeper insights into patients’ needs. In some medical spaces, consumer technology such as virtual reality headsets can help doctors visualize this data, enhance patient education, and even help with treatment.
Process and database automation can also simplify complex processes and remove administration tasks, freeing medical professionals to spend more time delivering patient care.
Oracle powers clinical development for the top 10 pharmaceutical companies and is ranked first for patient safety and signal detection. With Oracle Autonomous Database, businesses can leverage AI and machine learning to automatically uncover patient insights that drive quicker resolutions to critical health problems.
Arlington Orthopedic Associates Specialists (AOA) is the largest orthopedic practice in North Texas, with 54 physicians and professionals working across 12 locations. It uses Oracle Autonomous Data Warehouse and Oracle Analytics to help streamline its finance and accounting, electronic medical records, and data analytics.
By eliminating database maintenance, patching, and tuning, the company has freed up six financial and IT analysts to focus on more-strategic insights. And with Oracle Analytics Cloud, AOA can now deliver real-time performance dashboards and reports for healthcare providers for more valuable time with patients.
Since deployment, AOA has doubled its patient count without increasing its IT maintenance and support costs.
“We’re using Oracle Autonomous Data Warehouse and Oracle Analytics Cloud. Before, we’d spend hours just to generate one month’s report; now, I click once and it shows up. And it can answer important questions like where are my patients coming from, and how much is it costing me? Are we getting reimbursed by insurers?”
Honey Ranario, Chief Finance Officer, Arlington Orthopedic Associates
Brazil’s second-largest retailer, the Pacheco São Paulo Drugstore, set itself an ambitious four-week target to develop a mobile app, used by millions of customers to access pharmacy services around the clock.
To accelerate the process, the company replaced its conventional database with Oracle Autonomous Transaction Processing. Based securely in the cloud, with self-encryption, the database enabled a 60% reduction in implementation time (which was a record), while enhancing scalability from 50 to 10,000 simultaneous user sessions with zero maintenance time. Now, DPSP guarantees customers the best price and choice for superior customer service.
“Because Autonomous Transaction Processing technology incorporates artificial intelligence, it manages itself. This is critical, because it exempts us from operational activities so we can focus more on what’s important for the business and serving our customers.”
Eliseu Rocha, Head of IT Enterprise Architecture, Grupo DPSP
Australia’s healthcare organization National Pharmacies is using technology to better serve its 350,000 members. A new technology system, relying on Oracle Cloud Infrastructure, joins the dots across multiple sites and data sources. The customer conversation can focus less on the patient’s medical history and more on their current needs.
Oracle Autonomous Transaction Processing enables the company to quickly scale promotions from 1,000 test customers to 100,000 or more by autoscaling computing capacity, and integrating sales and inventory information in real time to deliver the precise medicine to members. Members can view their accounts online with greater accuracy and transparency. Oracle Autonomous Data Warehouse integrates data from the company’s JD Edwards supply-chain application to achieve faster insights. As a result of running these Oracle Autonomous Databases and applications on Oracle Cloud Infrastructure, National Pharmacies has optimized inventory to better serve members by reducing out-of-stocks, tracking sales and responding to spikes, and shifting or adding inventory—while cutting AU$7 million from working capital.
“We’re using Oracle Autonomous Database to deliver data very quickly from the many different stores and healthcare systems we use into one repository. This allows our employees on the floor to make decisions quickly, in the best interest of our patients.”
Ryan Klose, Executive General Manager, National Pharmacies
South Korea’s only cardiac specialty hospital, Sejong Hospital, is on a mission to eradicate childhood heart disease. Since 1983, its doctors have carried out life-changing surgery on more than 12,000 children, free of charge. And Oracle is proud to help.
Sejong Hospital uses Oracle Autonomous Data Warehouse and Oracle Analytics Cloud to collect data without extra work, and dramatically accelerate the clinical decisions that can save lives. AI increases access to more in-depth quality-of-care clinical data and secure patient data.
“With Oracle Cloud, lifesaving decisions that used to take hours can be done in minutes. Our mission is to eliminate childhood heart disease, and Oracle Cloud is helping to make that a reality.”
Park Jin-Sik, Chairman, Sejong Hospital