STOCK TITAN

Meharry Medical College and Oracle Collaborate to Advance Healthcare Access, Innovation, and Education

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Oracle Health and Meharry Medical College announced plans to enhance medical education and community healthcare in Middle Tennessee through a non-binding MOU. The collaboration aims to establish a health technology education and research collaborative, a health innovation hub, and a community care and wellness center in Nashville. Oracle will provide cloud, AI, and clinical applications for hands-on training and support research in precision medicine, health informatics, and population health. The partnership focuses on improving health equity and creating a model for more equitable, community-centered care.

Oracle Health e Meharry Medical College hanno annunciato piani per migliorare l'istruzione medica e la sanità comunitaria nel Tennessee centrale attraverso un MOU non vincolante. La collaborazione mira a stabilire una rete di educazione e ricerca in tecnologie sanitarie, un hub per l'innovazione in campo sanitario e un centro per la cura e il benessere della comunità a Nashville. Oracle fornirà applicazioni cloud, IA e cliniche per la formazione pratica e supporterà la ricerca nella medicina di precisione, informatica sanitaria e salute della popolazione. La partnership si concentra su migliorare l'equità nella salute e creare un modello per una cura più equa e centrata sulla comunità.

Oracle Health y Meharry Medical College anunciaron planes para mejorar la educación médica y la atención sanitaria comunitaria en el Medio Tennessee mediante un MOU no vinculante. La colaboración tiene como objetivo establecer una red de educación e investigación en tecnología sanitaria, un centro de innovación en salud y un centro de cuidado y bienestar comunitario en Nashville. Oracle proporcionará aplicaciones en la nube, IA y clínicas para la formación práctica y apoyará la investigación en medicina de precisión, informática de la salud y salud poblacional. La asociación se centra en mejorar la equidad en salud y crear un modelo de atención más equitativa y centrada en la comunidad.

Oracle HealthMeharry Medical College는 비구속적인 MOU를 통해 중부 테네시에서 의학 교육과 지역 사회 건강 관리를 개선할 계획을 발표했습니다. 이 협력은 내슈빌에 건강 기술 교육 및 연구 협력체, 건강 혁신 허브, 지역 사회 치료 및 웰니스 센터를 설립하는 것을 목표로 하고 있습니다. Oracle는 실습 교육을 위한 클라우드, AI 및 임상 애플리케이션을 제공하고 정밀 의학, 건강 정보학 및 인구 건강 연구를 지원합니다. 이 파트너십은 건강 형평성을 개선하고 더 공평하고 지역 사회 중심의 치료 모델을 만드는 데 중점을 두고 있습니다.

Oracle Health et Meharry Medical College ont annoncé des plans pour améliorer l'éducation médicale et les soins de santé communautaires dans le Tennessee central grâce à un MOU non contraignant. La collaboration vise à établir un réseau d'éducation et de recherche en technologie de la santé, un pôle d'innovation en santé et un centre de soins et de bien-être communautaire à Nashville. Oracle fournira des applications cloud, IA et cliniques pour une formation pratique et soutiendra la recherche en médecine de précision, informatique de la santé et santé de la population. Le partenariat se concentre sur l'amélioration de l'équité en santé et la création d'un modèle de soins plus équitable et centré sur la communauté.

Oracle Health und Meharry Medical College haben Pläne angekündigt, die medizinische Ausbildung und die Gesundheitsversorgung der Gemeinschaft in Middle Tennessee durch ein nicht bindendes MOU zu verbessern. Die Zusammenarbeit zielt darauf ab, ein Netzwerk für Bildung und Forschung im Gesundheitsbereich, ein Innovationszentrum im Gesundheitswesen sowie ein Zentrum für Gemeinschaftspflege und Wohlbefinden in Nashville einzurichten. Oracle wird Cloud-, KI- und klinische Anwendungen für praktische Schulungen bereitstellen und die Forschung in der Präzisionsmedizin, Gesundheitsinformatik und Bevölkerungsgesundheit unterstützen. Die Partnerschaft konzentriert sich darauf, die Gesundheitsgerechtigkeit zu verbessern und ein Modell für gerechtere, gemeindezentrierte Versorgung zu schaffen.

Positive
  • Strategic partnership with a major healthcare institution expanding Oracle's presence in healthcare education
  • Potential new revenue streams through health technology and research initiatives
  • Market expansion opportunity in healthcare education and community care sectors
Negative
  • Non-binding nature of the MOU indicates uncertainty in final implementation
  • Financial terms and investment requirements not disclosed

Insights

This collaboration between Oracle and Meharry Medical College represents a strategic move in healthcare technology integration, but has minimal immediate financial impact on Oracle's $480B market value. While the partnership advances Oracle's healthcare division's presence in medical education and community healthcare, it's primarily a non-binding MOU focused on long-term objectives. The initiative aligns with Oracle Health's broader strategy to expand its healthcare technology footprint, particularly in AI and cloud solutions for medical education. However, without specific financial terms or revenue projections, the immediate market impact is The partnership's true value lies in its potential to create scalable healthcare technology solutions and establish Oracle as a stronger player in medical education technology.

Oracle is collaborating with Meharry Medical College regarding technology and resources for students and providers, a research collaborative, and a Meharry established community clinic and wellness center

NASHVILLE, Tenn., Oct. 30, 2024 /PRNewswire/ -- Oracle Health Summit -- Oracle Health and Meharry Medical College today announced plans to improve medical education and community healthcare across Middle Tennessee and beyond. As part of their non-binding MOU, Meharry and Oracle aim to establish a health technology education and research collaborative, a health innovation hub, and a community care and wellness center in Nashville. The two organizations will also work together to cultivate the skills of tomorrow's healthcare leaders, providing them with hands-on training and experiential learning opportunities using Oracle's cloud, AI, and clinical applications.

"Our partnership with Oracle marks a pivotal moment for both Meharry and healthcare education, delivery, and equity around the world," said James E.K. Hildreth, Ph.D., M.D., president and chief executive officer, Meharry Medical College. "One of the nation's four historically Black academic health science centers, Meharry has been addressing health disparities and proving that mission-driven care can change lives for nearly 150 years. By combining our expertise with Oracle Health's innovative technology, we will forge a path that other institutions and communities can follow. This collaboration transcends education and will create a model for more compassionate, equitable, and community-centered care allowing everyone access to the care they need and deserve."

Meharry is focused on improving health equity by helping diverse communities enhance their well-being through innovative education, quality healthcare, and leadership in health policy. Oracle plans to help enhance Meharry's approach through technology designed to enable students and residents to spend more time with and better understand their patients. Oracle also expects to assist with research to help drive the development of new solutions in precision medicine, health informatics, and population health.

"Our collaboration with Meharry Medical College is helping further our mission to transform the entirety of the healthcare industry," said Seema Verma, executive vice president and general manager, Oracle Health and Life Sciences. "The research, technology, and skills we are cultivating will not only benefit the Nashville community but will have broad reach as students enter the workforce, applying the insights and understanding they've gained to shape the future of healthcare around the world."

The partners plan to engage community stakeholders in the weeks ahead to help ensure that their work is informed by and shaped in collaboration with regional healthcare providers, public officials, health plans, community, and patient advocacy organizations and others.

To join segments of the Oracle Health Summit virtually, visit: https://www.oracle.com/health/health-summit/.

About Meharry Medical College
Meharry Medical College, founded in 1876, is the nation's largest private, independent historically Black academic health sciences center dedicated solely to educating minority and other health professionals. True to its heritage, it is a United Methodist Church-related institution. The College is particularly well known for its uniquely nurturing, highly effective educational programs; emerging preeminence in health disparities research; culturally sensitive, evidence-based health services and significant contribution to the diversity of the nation's health professions workforce. Diverse Issues in Higher Education's ranking of institutions annually lists Meharry as a leading national educator of African Americans with M.D. and D.D.S. degrees and Ph.D. degrees in the biomedical sciences. Visit www.mmc.edu to learn more.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/meharry-medical-college-and-oracle-collaborate-to-advance-healthcare-access-innovation-and-education-302291538.html

SOURCE Oracle

FAQ

What is the purpose of Oracle's (ORCL) partnership with Meharry Medical College?

The partnership aims to improve medical education and community healthcare across Middle Tennessee by establishing a health technology education and research collaborative, a health innovation hub, and a community care and wellness center in Nashville.

What technology will Oracle (ORCL) provide to Meharry Medical College?

Oracle will provide cloud computing, artificial intelligence, and clinical applications for hands-on training and experiential learning opportunities.

What research areas will the Oracle (ORCL) and Meharry collaboration focus on?

The collaboration will focus on research in precision medicine, health informatics, and population health.

Oracle Corp

NYSE:ORCL

ORCL Rankings

ORCL Latest News

ORCL Stock Data

470.09B
2.77B
41.6%
44.29%
0.7%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
AUSTIN