Oracle unveils generative AI tool and more enhancements to its data intelligence cloud suite – Healthcare IT News

2 minutes, 54 seconds Read

Oracle today at HIMSS24 announced significant enhancements to Oracle Health Data Intelligence, including a new generative AI service to help increase care management efficiency.

Oracle Health Data Intelligence, formerly HealtheIntent, is a modular suite of cloud applications, services and analytics. The suite is designed to enable a broad range of healthcare and government stakeholders to use data from across the healthcare ecosystem to help advance patient health, improve care delivery and drive operational efficiency.

Increase reimbursements and enhance care

Additional new capabilities include system performance improvements, pre-built clinical quality analytics, and automated alerts that can help increase reimbursements and enhance care.

Powered by Oracle Cloud Infrastructure, the updated suite offers organizations access to the same mission-critical security, performance, reliability and other cloud capabilities that Fortune 100 customers in highly regulated industries rely on today, the company said.

The platform integrates, secures and analyzes data from a broad range of sources, including electronic health records, enterprise applications, insurance claims and demographic records, to provide a more comprehensive view of individual patients and overall population health. This EHR-agnostic technology is designed to enable organizations to eliminate the cost and complexity of trying to integrate disparate data and systems on their own, which risks an uncertain ROI and can take years to accomplish.

“Turning data into insights is critical to solving the problems facing modern healthcare,” said Seema Verma, executive vice president and general manager, Oracle Health and Life Sciences. “The new capabilities embedded within Oracle Health Data Intelligence can dramatically simplify customer efforts to address their regulatory goals, engage more patients, close care gaps and lower cost of care delivery.

“With thousands of engineers and data scientists focused on platform enhancements, Oracle Health Data Intelligence is rapidly becoming an engine of innovation to control costs, enable breakthroughs and drive industry transformation.”

Results are coming in

Already, customers using Oracle Health Data Intelligence have achieved results, including an average of 9-12% in cost reductions per member, per month (for commercial customers); a 5X increase in care gaps closed over three years through increased breast cancer screenings; and an average of 40-60% increase in annual wellness visits per provider, per year, the company reported.

“Oracle Health Data Intelligence platform has been a critical strategic asset throughout our organization, delivering actionable insights across multiple lines of business and empowering our providers to make more informed, precise decisions at the point of care,” said April Feld, DNP, RN, director of care management at Stony Brook Medicine.

“Moving forward, we view Oracle Health Data Intelligence not just as a tool but as a catalyst for transformation,” she continued. “Leveraging recent updates, including the power of Oracle Cloud Infrastructure and generative AI, we believe Oracle Health Data Intelligence will shape the future of data-driven healthcare – helping us to better understand and manage complex patient information to more effectively and efficiently deliver care at an individual and population level.”

Oracle Health has demonstrated its ability to aggregate data from multiple sources, including non-Oracle Health EHRs, health information exchanges and payers, said Jennifer Eaton, research director, value-based healthcare digital strategies at research and consulting firm IDC.

“With its continued enhancements to Oracle Health Data Intelligence, Oracle is well positioned to help customers get the full value out of their data to drive meaningful change that can positively impact their organization and patients,” she added.

Oracle Health is at HIMSS24 in Orlando March 11-15 in Booth 2761.

Follow Bill’s HIT coverage on LinkedIn: Bill Siwicki
Email him: [email protected]
Healthcare IT News is a HIMSS Media publication.

This post was originally published on this site

Similar Posts