Oracle is introducing new capabilities to Oracle Fusion Cloud Applications Suite to help healthcare organizations drive operational efficiency, empower employees, and improve patient outcomes. The new capabilities within Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), Oracle Fusion Cloud Human Capital Management (HCM), and Oracle Fusion Cloud Enterprise Resource Planning (ERP), will enable healthcare organizations to streamline processes, support increased productivity, help reduce costs, foster employee growth, and better serve patient needs.
“Healthcare organizations are under pressure to deliver a consistently high standard of care while controlling costs and addressing employee needs,” said Steve Miranda, executive vice president, applications development, Oracle. “The latest additions to Oracle Cloud SCM, Oracle Cloud HCM, and Oracle Cloud ERP will help our customers build more efficient and resilient supply chain processes, enhance the employee experience, improve planning, and better support frontline workers so they can focus on what matters most – delivering high-quality care to their patients.”
Streamline Procurement with Oracle Healthcare Marketplace
To drive more efficient procurement processes and help healthcare organizations better manage spend, Oracle is introducing Oracle Healthcare Marketplace, a B2C shopping experience within Oracle Fusion Cloud Procurement. Oracle Healthcare Marketplace provides a progressive search capability that helps healthcare organizations to:
- Maximize on-contract spend: By integrating all available contracts, including Group Purchasing Organization (GPO), and locally, regionally, and nationally negotiated contracts, Oracle Healthcare Marketplace helps healthcare organizations easily access their full portfolio of contracts and supplier sources. This enables healthcare organizations to expedite sourcing and contracting processes, and help increase savings by optimizing on-contract purchasing.
- Improve product data accuracy: By automatically cleansing product catalog data, Oracle Healthcare Marketplace helps healthcare organizations improve data consistency and accuracy across source systems. This enables healthcare organizations to save time and resources, and help reduce spending on costly non-catalog requests that result from incorrect product or pricing data.
- Enhance the buying experience: By providing an expansive third-party medical, surgical, and device product catalog, Oracle Healthcare Marketplace helps healthcare organizations discover, source, and price desired items that are not listed within an organization’s existing item master, frequently purchased items, or contract portfolio. This enables healthcare organizations to increase productivity in sourcing and minimize order errors.
Oracle Healthcare Marketplace is the latest addition to Oracle Cloud SCM to help healthcare organizations optimize planning, automate processes, and enhance visibility across the supply chain. Oracle recently announced healthcare-focused mobile capabilities to help improve the efficiency and accuracy of inventory management processes.
SOURCE: Businesswire