Today at HIMSS24, Oracle announced significant enhancements to Oracle Health Data Intelligence, including a new generative AI service to help increase healthcare management efficiency.
Oracle Health Data Intelligence, formerly HealtheIntent, is a modular package of cloud applications, services and analytics. The suite is designed to enable a wide range of healthcare and government stakeholders to use data from across the healthcare ecosystem to promote patient health, improve care delivery and drive operational efficiency .
Increase reimbursements and improve care
Additional new capabilities include system performance improvements, pre-built clinical quality analytics, and automated alerts that can help increase reimbursement and improve care.
The updated suite is powered by Oracle Cloud Infrastructure and provides organizations with 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 wide range of sources, including electronic health records, enterprise applications, insurance claims and demographic data, 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 associated with independently integrating disparate data and systems, which carries uncertain ROI and can take years to complete.
“Turning data into insights is critical to solving the problems facing modern healthcare,” said Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences. “The new capabilities embedded in Oracle Health Data Intelligence can dramatically simplify customers’ efforts to achieve their regulatory goals, engage more patients, close gaps in care and reduce the cost of healthcare delivery.
“With thousands of engineers and data scientists focused on platform improvements, Oracle Health Data Intelligence is quickly becoming an engine of innovation to control costs, enable breakthroughs and drive industry transformation.”
The results are coming in
Customers using Oracle Health Data Intelligence have already seen results including average cost savings of 9-12% per member, per month (for commercial customers); a fivefold increase in the number of gaps in care that are closed in three years through more breast cancer screenings; and an average 40-60% increase in annual wellness visits per provider, per year, the company reported.
“The Oracle Health Data Intelligence platform has been a critical strategic asset within our organization, delivering actionable insights across multiple industries and enabling our providers to make better-informed, more precise decisions at the point of care,” said April Feld, DNP, RN, director of healthcare management at Stony Brook Medicine.
“Going 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 – allowing us to better understand and manage complex patient information to deliver more effective and efficient care to deliver on an individual and population level.”
Oracle Health has demonstrated its ability to merge data from multiple sources, including non-Oracle Health EHRs, health information exchanges and payers, said Jennifer Eaton, research director, value-based digital health strategies at research and consulting firm IDC.
“With continued improvements to Oracle Health Data Intelligence, Oracle is well positioned to help customers realize the full value of their data and drive meaningful changes that can positively impact their organizations and patients,” she added.
Oracle Health will be at HIMSS24 in Orlando from March 11 to 15, booth 2761.
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