In a groundbreaking week, Oracle has scored two major successes in the medical field, partnering with Texas Children’s Hospital and Vandalia Health, demonstrating a transformative impact on healthcare systems.
Oracle and Texas Children’s Hospital (TCH)
A Noble Mission
Texas Children’s Hospital, the largest children’s hospital in the United States, is on a mission to create a healthier future for children and women globally. As a not-for-profit healthcare organization, TCH stands out for its commitment to patient care, education, and research, consistently earning recognition as one of the top children’s hospitals in Texas and the nation.
Streamlining for Success
To meet the demands of its growing operations and prioritize patient care, TCH faced the challenge of streamlining and simplifying its complex business processes. Oracle’s Fusion Cloud Applications provided the solution by consolidating seven disparate business systems onto one integrated platform.
Myra Davis, Executive Vice President and Chief Information Innovation Officer at TCH, highlighted the manual effort and unsustainable burden their previous systems posed. With Oracle Fusion Applications, they achieved significant benefits: increased efficiency, reduced costs, improved employee experience, and enhanced recruitment and retention.
The Path Forward
TCH plans to extend its Oracle journey by moving finance, HR, and supply chain processes to the cloud with Oracle Fusion Applications. This move, encompassing ERP, EPM, HCM, and SCM modules, aims to break down organizational silos, standardize processes, and efficiently manage crucial operations on a single integrated platform.
Oracle and Vandalia Health
A Health System Transformation
Vandalia Health, the second-largest private sector employer in West Virginia, undertook a significant transformation by signing a 10-year agreement to extend Oracle Health’s electronic health records (EHR) across its system. Comprising nearly 12,000 employees between Charleston Area Medical Center and Mon Health, Vandalia Health operates as a non-profit regional referral center with six hospitals.
Optimizing Patient Care
Transitioning to Oracle Health EHR in 2016, Charleston Area Medical Center, a part of Vandalia Health, witnessed improvements in its clinically driven revenue cycle, resulting in increased average daily revenue. The medical center is gearing up to implement RevElate, Oracle’s latest patient accounting solution, in 2023.
Unified EHR for Enhanced Care
Following the merger of Charleston Area Medical Center and Mon Health to create Vandalia Health, the health system took a bold step towards standardization. Opting for a single EHR choice across all Vandalia medical clinics, the move promises improved care team coordination, enhanced patient and caregiver experiences, and strengthened care continuity across the entire system.
A Vision for Localized Quality Care
With recent acquisitions of additional medical centers, Vandalia Health is committed to providing local access to high-quality care. The adoption of enhanced EHR solutions aligns with their vision of promoting positive health outcomes for patients across the state.
Oracle’s Impact: Beyond Hospitals
The collaboration between Oracle and these healthcare giants transcends mere technological upgrades. It signifies a pivotal shift in the healthcare industry’s approach, addressing the challenges posed by disconnected systems and the significant costs they entail.
Unveiling the Power of Oracle Fusion Applications
For Texas Children’s Hospital, Oracle Fusion Applications have become a catalyst for increased visibility into its business operations. The consolidation of disparate systems not only streamlined processes but also alleviated the administrative burden on employees, allowing them to focus more on patient care.
Simplifying Complexity at Vandalia Health
Vandalia Health’s embrace of Oracle Health’s EHR solution across its hospitals showcases a commitment to simplifying patient support capabilities. By aligning technology across venues, the health system aims to scale to new capabilities, ultimately enhancing patient outcomes.
Looking Ahead: A Healthcare Revolution
As the healthcare industry faces unprecedented challenges, Oracle’s role in orchestrating these transformations is undeniably groundbreaking. The adoption of advanced technologies not only boosts efficiency and reduces costs but also propels medical care providers toward a future where patient-centric care takes precedence over administrative burdens.
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