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Oracle Health Data Intelligence Updates Help Healthcare Organizations Improve Care Quality, Operational Efficiency, and Financial Performance

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Oracle announced major updates to Oracle Health Data Intelligence, leveraging Oracle Cloud Infrastructure (OCI) and AI to enhance healthcare organizations' operations. The platform integrates patient data from various sources to improve care quality, financial performance, and decision-making. Key enhancements include AI-powered clinical intelligence for optimizing care outcomes, analytics tools for better decision-making, and care coordination features that increase efficiency by 5x during patient case reviews. The system works with any Electronic Health Record (EHR) and helps organizations track value-based care contract performance, improve regulatory compliance, and better understand healthcare costs.

Oracle ha annunciato importanti aggiornamenti a Oracle Health Data Intelligence, sfruttando Oracle Cloud Infrastructure (OCI) e l'AI per migliorare le operazioni delle organizzazioni sanitarie. La piattaforma integra i dati dei pazienti provenienti da diverse fonti per migliorare la qualità delle cure, le prestazioni finanziarie e il processo decisionale. Tra i principali miglioramenti ci sono intelligenza clinica basata sull'AI per ottimizzare i risultati delle cure, strumenti analitici per migliori decisioni e funzionalità di coordinamento delle cure che aumentano l'efficienza di 5 volte durante le revisione dei casi dei pazienti. Il sistema è compatibile con qualsiasi Registro Elettronico delle Cure (EHR) e aiuta le organizzazioni a monitorare le prestazioni dei contratti di assistenza basati sul valore, migliorare la conformità normativa e comprendere meglio i costi sanitari.

Oracle anunció actualizaciones importantes en Oracle Health Data Intelligence, aprovechando Oracle Cloud Infrastructure (OCI) y la IA para mejorar las operaciones de las organizaciones de salud. La plataforma integra datos de pacientes de diversas fuentes para mejorar la calidad de la atención, el rendimiento financiero y la toma de decisiones. Las mejoras clave incluyen inteligencia clínica impulsada por IA para optimizar los resultados de atención, herramientas analíticas para una mejor toma de decisiones y características de coordinación de la atención que aumentan la eficiencia en 5x durante las revisiones de casos de pacientes. El sistema funciona con cualquier Registro Electrónico de Salud (EHR) y ayuda a las organizaciones a rastrear el rendimiento de los contratos de atención basados en el valor, mejorar el cumplimiento regulatorio y entender mejor los costos de atención médica.

오라클Oracle Cloud Infrastructure (OCI)와 AI를 활용하여 의료 조직의 운영을 개선하기 위한 Oracle Health Data Intelligence의 주요 업데이트를 발표했습니다. 이 플랫폼은 다양한 출처에서 환자 데이터를 통합하여 치료 품질, 재무 성과 및 의사 결정을 개선합니다. 주요 개선 사항으로는 치료 결과 최적화를 위한 AI 기반 임상 지능, 더 나은 의사 결정을 위한 분석 도구 및 환자 사례 검토 중 효율성을 5배 높이는 치료 조정 기능이 포함됩니다. 이 시스템은 모든 전자 건강 기록(EHR)과 호환되며 조직이 가치 기반 치료 계약 성과를 추적하고 규제 준수를 개선하며 의료 비용을 더 잘 이해하도록 돕습니다.

Oracle a annoncé d'importantes mises à jour de Oracle Health Data Intelligence, en s'appuyant sur Oracle Cloud Infrastructure (OCI) et l'IA pour améliorer les opérations des organisations de santé. La plateforme intègre les données des patients provenant de différentes sources afin d'améliorer la qualité des soins, la performance financière et le processus décisionnel. Les principales améliorations comprennent une intelligence clinique alimentée par l'IA pour optimiser les résultats des soins, des outils d'analyse pour une meilleure prise de décision et des fonctionnalités de coordination des soins qui augmentent l'efficacité par 5 lors des examens de cas de patients. Le système est compatible avec tout Dossier de Santé Électronique (DSE) et aide les organisations à suivre la performance des contrats de soins basés sur la valeur, à améliorer la conformité réglementaire et à mieux comprendre les coûts de la santé.

Oracle hat bedeutende Updates für Oracle Health Data Intelligence angekündigt und nutzt dabei Oracle Cloud Infrastructure (OCI) und KI, um die Abläufe in Gesundheitsorganisationen zu verbessern. Die Plattform integriert Patientendaten aus verschiedenen Quellen, um die Behandlungsqualität, finanzielle Leistung und Entscheidungsfindung zu optimieren. Zu den wichtigsten Verbesserungen gehören KI-gestützte klinische Intelligenz, um Behandlungsergebnisse zu optimieren, Analysetools für bessere Entscheidungen und Koordinierungsfunktionen, die die Effizienz bei der Fallprüfung von Patienten um das 5-fache steigern. Das System funktioniert mit jeder elektronischen Patientenakte (EHR) und hilft Organisationen, die Leistung von vertragsbasierter Versorgung zu verfolgen, die Einhaltung von Vorschriften zu verbessern und die Gesundheitskosten besser zu verstehen.

Positive
  • Platform achieves 5x efficiency improvement in care manager patient case reviews
  • System enables cross-EHR integration, expanding market reach
  • New AI capabilities help reduce costly emergency visits and hospitalizations
  • Enhanced analytics tools improve financial tracking and cost management
Negative
  • None.

Insights

Oracle's enhanced Health Data Intelligence platform represents a significant advancement in healthcare analytics and operational efficiency. The platform's integration with OCI and AI capabilities addresses critical industry pain points in three key areas: clinical intelligence, analytics intelligence and care coordination.

The most impactful features include the 5x improvement in care manager efficiency through AI-powered summaries and the new value-based care contract performance tracking. These enhancements could significantly reduce operational costs and improve revenue cycle management for healthcare organizations. The platform's EHR-agnostic nature and ability to integrate multiple data sources positions it well in a fragmented healthcare IT market.

The addition of APP compliance features and expanded MIPS/HEDIS catalogs helps healthcare organizations meet regulatory requirements while potentially maximizing reimbursements. The new cost and utilization analytics for chronic conditions could help organizations better manage their highest-cost patient populations.

AI-powered clinical intelligence prioritizes patient outreach based on likelihood of successful intervention to improve patient health and reduce costly emergency department visits and hospitalization

AUSTIN, Texas, Oct. 31, 2024 /PRNewswire/ -- Oracle today announced significant enhancements to Oracle Health Data Intelligence. The updates take advantage of the high performance and military-grade security1 of Oracle Cloud Infrastructure (OCI) and the latest innovations in AI to help healthcare organizations enhance patient care, optimize financial performance, and improve decision-making across their networks.

"Advocate Health is first and foremost a safe clinical enterprise," said Don Calcagno, senior vice president and chief population health officer, Advocate Health. "Oracle Health Data Intelligence enables us to provide the needed support to our patients and their clinicians to improve quality, while reducing the total cost of care. We are partnering with Oracle Health to enhance our ability to monitor performance across our value-based care contracts in Oracle Health Data Intelligence, with the goal of optimizing performance by being more efficient, proactive, and effective."

Oracle Health Data Intelligence continuously and securely integrates patient data from a wide range of sources - clinical, claims, social determinants, pharmacy, and more – to deliver insight across back office and point-of-care workflows. This electronic health record (EHR)-agnostic suite of cloud infrastructure, analytics, and applications enables a broad range of healthcare and government stakeholders to use data from across the healthcare ecosystem without the cost and complexity of trying to integrate disparate data and systems on their own.

"Oracle Health Data Intelligence works with any EHR and we are proud to make this available to all health systems. This not only eliminates the blind spots resulting from data silos, it also uses advances in AI to enable healthcare organizations to be more predictive and proactive in their approach to care plans and reporting," said Seema Verma, executive vice president and general manager, Oracle Health and Life Sciences. "This enables clinical, care management, and financial teams to identify and address potential problems before they develop – reducing costs, increasing reimbursements, closing care gaps, and improving population health."

All three pillars of Oracle Health Data Intelligence have been updated to better serve stakeholders across the healthcare ecosystem.

Oracle Health Clinical Intelligence helps improve financial performance and enhance care with insights that optimize care quality, suggest next best steps for individual patients, and highlight opportunities for greatest impact. New capabilities introduced enable:

  • Optimized clinical and financial outcomes with value-based care contract performance tracking and insights to improve patient care quality and reduce costs. AI-powered prioritization supports proactive care by helping understand patients most likely to benefit from outreach and suggesting the next best steps to help avoid costly emergency visits and hospitalizations.
  • Actionable insights across EHRs with an Oracle Health companion app to help clinicians and care managers improve care quality by closing care gaps and documenting Hierarchical Condition Categories (HCC).
  • Improved quality and performance reporting via expansion of the Merit-based Incentive Payment System (MIPS) content catalog, additional measures within the Healthcare Effectiveness Data and Information Set (HEDIS) catalog, updated HCC classifications for risk adjustment improvements, and updates to the patient conditions available in the clinical catalog, such as eating disorders and traumatic brain injuries. These expanded content catalogs help better identify care options and close care gaps.
  • Simplified regulatory compliance with a cloud-based, cross-EHR solution for the Centers for Medicare and Medicaid Services new Alternative Payment Model Performance Pathway (APP) through electronic clinical quality measures (eCQMs) designed to simplify the reporting process and enhance data accuracy.
  • Greater understanding of costs and organizational performance through new cost and utilization analytics that help track demographics and spend for patients with chronic conditions. A new event-based episodes dashboard has also been added to compare efficiency, variation, and spend on patient episodes across organizations.

Oracle Health Analytics Intelligence is a modern data warehouse and analytics offering that helps accelerate decision-making by integrating, cleansing, normalizing, and unifying data from multiple sources, creating comprehensive longitudinal patient records and delivering insight through purpose-built reports and powerful analytics tools. Recently added capabilities include:

  • Analytics Intelligence Reporting and Visualizations that take advantage of natural language queries to enable a broad range of clinical and business users to generate reports and gain insight from the solution, which eliminates the need to rely on analytics teams for ad hoc data explorations.
  • Emergency Medicine: Order Analysis, which provides insights to help reduce emergency department length-of-stay by identifying bottlenecks created by order turnaround times.
  • Social Determinants of Health Screening, which provides insight into screening compliance and helps understand patients with additional needs to improve care and access.
  • Antimicrobial Stewardship Program Analysis, which delivers insight into antimicrobial mediation, duration of use, and outcomes along with alerts regarding antimicrobial usage volumes to improve health outcomes and reduce antimicrobial use.

Oracle Health Care Coordination Intelligence helps connect care teams, increase patient engagement, and improve patient experiences. New capabilities recently introduced in Oracle Health Care Coordination deliver:

  • Gains of 5x care manager efficiency during patient case reviews with AI-powered summaries that surface insights on recent encounters, conditions, changes to at-home medications, and future appointments. Supported directly in the Oracle Care Management app, the Oracle Health companion app, and via patient long record APIs.
  • Greater understanding of patients' medical histories with on-demand access to supplemental clinical and medical administration records.
  1. Oracle's Health Data Intelligence is powered by Oracle Cloud Infrastructure (OCI), which provides the same military-grade security used to protect the most sensitive data at some of the largest and most sophisticated businesses, national defense agencies, and governments around the world.

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.

Future Product Disclaimer
The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation.

Forward-Looking Statements Disclaimer
Statements in this article relating to Oracle's future plans, expectations, beliefs, intentions, and prospects are "forward-looking statements" and are subject to material risks and uncertainties. A detailed discussion of these factors and other risks that affect our business is contained in Oracle's Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q under the heading "Risk Factors." These filings are available on the SEC's website or on Oracle's website at http://www.oracle.com/investor. All information in this article is current as of October 29, 2024 and Oracle undertakes no duty to update any statement in light of new information or future events.

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SOURCE Oracle

FAQ

What are the main features of Oracle's Health Data Intelligence 2024 update?

The 2024 update includes AI-powered clinical intelligence, analytics tools for decision-making, and care coordination features that provide 5x efficiency in patient case reviews, all running on Oracle Cloud Infrastructure with military-grade security.

How does Oracle (ORCL) Health Data Intelligence improve healthcare operations?

It improves operations by integrating data from multiple sources, optimizing care quality, tracking value-based care contract performance, and providing AI-powered insights to reduce emergency visits and hospitalizations.

What efficiency gains does Oracle's (ORCL) new healthcare platform provide?

The platform delivers 5x improvement in care manager efficiency during patient case reviews through AI-powered summaries of patient encounters, conditions, medications, and appointments.

How does Oracle (ORCL) Health Data Intelligence handle EHR compatibility?

The platform is EHR-agnostic, meaning it works with any Electronic Health Record system, allowing healthcare organizations to integrate data from various sources without complex integration requirements.

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