Health Technology, Digital Healthcare
Oracle | September 20, 2023
The Oracle Fusion Cloud Applications Suite offers healthcare-specific functionalities enabling entities to streamline operations and enhance patient outcomes.
The conference highlights the need for healthcare organizations to prioritize transparency and collaboration across the entire delivery system, including suppliers, payers, and patient invoicing.
As healthcare increasingly prioritizes proactive patient care, enhanced integration and collaboration across the ecosystem are vital for greater efficiency, accessibility, and equity.
During the Oracle Health Conference, Oracle introduced specialized healthcare features into its Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), and Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) solutions to assist healthcare organizations in improving patient care.
The healthcare-specific functionalities have been integrated into the Oracle Fusion Cloud Applications Suite to assist healthcare organizations in enhancing financial transparency, fortifying supply chains, and elevating patient care. These will also help empower healthcare organizations to boost efficiency, reduce costs, adapt to new business models, improve decision-making processes, and enhance patient services.
Nevertheless, the healthcare sector faces significant hurdles due to unpredictable demand and increased administrative costs. These challenges include managing resource and supply shortages and adapting to changing financial requirements for patient care. These difficulties have arisen when the demand for efficient and accessible healthcare is more critical than ever.
The newly introduced capabilities within Oracle's healthcare-specific solutions empower healthcare organizations to streamline operations and adapt to evolving healthcare delivery models, from telehealth to home and community-based care. These enhancements encompass vital areas, including financial consolidation and reporting, which provide healthcare organizations with the tools to maintain comprehensive financial oversight in a complex healthcare environment through AI and automation. In procurement, these capabilities help reduce expenses and enhance the efficiency of medical supply orders, including contract and pricing integrations with group purchasing capabilities. Furthermore, replenishment planning and recall management features improve the availability of medical supplies by predicting demand and facilitating efficient recall processes to enhance safety and reduce risks within the healthcare supply chain.
Steve Miranda, Executive Vice President of Applications Development at Oracle, stated,
The new capabilities added to Oracle Fusion Applications Suite will help healthcare organizations adopt new business models, embrace rapid innovation, build agile and sustainable supply chains, and better serve patients' needs—now and in the future.
[Source: Cision PR Newswire]
The Oracle Fusion Applications Suite will empower organizations to leverage cloud technology for dismantling internal barriers, standardizing operations, and centralizing financial, HR, supply chain, and customer experience data within a unified cloud platform. Through quarterly update cycles, customers can continuously access the latest innovations as new capabilities are regularly incorporated.
Digital Healthcare, Healthcare Analytics
prnewswire | August 08, 2023
Andor Health, the company that harnesses open AI and healthcare-trained ChatGPT models to orchestrate the way care teams collaborate, is working with the Medical University of South Carolina (MUSC Health) to leverage this technology in a decentralized care delivery model. MUSC Health, one of the country's leading telehealth centers, will leverage ThinkAndor® enterprise-wide to build a next-generation virtual care ecosystem.
ThinkAndor® Virtual Command Center provides a strategic approach that unifies the five pillars of virtual health – Virtual Visits, Virtual Hospital, Virtual Patient Monitoring, Virtual Team Collaboration, & Virtual Community Collaboration. Innovative health systems like MUSC can leverage ThinkAndor® as a platform approach to virtual care to power a decentralized approach to care delivery.
By leveraging ThinkAndor®, MUSC Health will continue its transition from a one-size-fits-most care delivery model to a decentralized approach to care delivery. By shifting toward decentralized care, MUSC will create a more accessible care model that increases access to care and expands care to schools across the state.
"As the state's only comprehensive academic health system, MUSC Health's purpose is to preserve and optimize the health of all South Carolinians and we do that by thinking differently and creating new approaches to care delivery," explained Patrick Cawley, CEO of MUSC Health & Executive Vice President for Health Affairs, University. "By using telehealth wherever and whenever possible, MUSC Health can continue to expand care access in underserved areas of the state while increasing the physical presence of new specialties customized for communities' needs."
"To effectively deliver care, health systems must pivot away from traditional care delivery and shift towards new models of care. By implementing ThinkAndor® Virtual Hospital, health systems can leverage AI to support next-generation care capabilities including virtual nursing, virtual sitting, & on-demand specialty consultations at scale," Raj Toleti, Chairman & CEO of Andor Health.
About Andor Health
At Andor Health, our mission is to change the way care teams connect and collaborate. By harnessing machine and human intelligence, our cloud-based platform unlocks data stored in electronic medical records to deliver real-time actionable intelligence to care teams – both inside and outside of their enterprise. By optimizing communication workflows, our solutions accelerate time to treatment, decrease clinician burnout, and drive better patient outcomes.
Founded in 1824 in Charleston, MUSC is the state's only comprehensive academic health system, with a unique mission to preserve and optimize human life in South Carolina through education, research and patient care. Each year, MUSC educates more than 3,200 students in six colleges – Dental Medicine, Graduate Studies, Health Professions, Medicine, Nursing and Pharmacy – and trains more than 900 residents and fellows in its health system. MUSC brought in more than $298 million in research funds in fiscal year 2022, leading the state overall in research funding.
Health Technology, Healthcare Analytics
businesswire | August 14, 2023
WellSky, a leading health and community care technology company, today announced it has joined the Moving Health Home (MHH) coalition. MHH comprises stakeholders working to advance federal and state policy to enable the home to be a clinical site of care.
In the wake of the COVID-19 pandemic, the demand for care in the home has been steadily increasing. According to a recent study, 70% of adults 50 and older prefer in-home care. This shift to home-based care is enabled through greater use of telehealth services, remote patient monitoring, patient engagement tools, and care coordination technology.
“The pandemic clearly demonstrated that the home is a viable site of care and that the future of healthcare is at home,” said Krista Drobac, founder of Moving Health Home. “Our coalition strongly believes that by enacting policies that support providers and reduce barriers, we can make home-based care accessible to all patients who prefer it.”
Since its founding in March 2021, MHH has successfully lobbied Congress to pass the two-year Hospital at Home waiver extension, introduced legislation to extend the Acute Hospital Care at Home waiver, and supported the fight against cuts to home health services through education, events, and other advocacy efforts.
“The Moving Health Home coalition has already made significant progress on its goal to ensure our nation’s leaders understand and support the advances in home-based care and the value it provides,” said Margaret Haynes, CEO of Right at Home, a member organization of MHH. “Having a healthcare technology leader like WellSky on board only further strengthens our position as the leading voice for change on home-based care policy, and we look forward to partnering with them in our efforts.”
Founding members of Moving Health Home include Amazon Care, Landmark Health, Signify Health, Dispatch Health, Elara Caring, Intermountain Healthcare, Home Instead and Ascension.
“At WellSky, our focus is supporting providers caring for patients in the home with purpose-built technology, analytics, and tech-enabled services that help them deliver better, more efficient care,” said WellSky CEO Bill Miller. “When we come together to advance care delivery in the home, we can improve outcomes, lower costs, and elevate the patient and family experience. That’s why we’re excited to work closely with the members of Moving Health Home to shape the future of healthcare policy.”
WellSky is one of America’s largest and most innovative healthcare technology companies leading the movement for intelligent, coordinated care. Our proven software, analytics, and services power better outcomes and lower costs for stakeholders across the health and community care continuum. In today’s value-based care environment, WellSky helps providers, payers, health systems, and community organizations scale processes, improve collaboration for growth, harness the power of data analytics, and achieve better outcomes by further connecting clinical and social care. WellSky serves more than 20,000 client sites — including the largest hospital systems, blood banks, cell therapy labs, home health and hospice franchises, post-acute providers, government agencies, and human services organizations. Informed by more than 40 years of providing software and expertise, WellSky anticipates clients’ needs and innovates relentlessly to build healthy, thriving communities.