Oracle has been recognized as a Leader in the IDC MarketScape: U.S. Value-Based Health Analytics 2023 Vendor Assessment1. The report notes that with the “evolution of value-based healthcare initiatives and goals, organizations are relying on analytic advancements to offset challenges and spur innovation aimed at better healthcare outcomes for all.” It added that “with data integration and transparency at the core, Oracle Health can onboard data from any EHR or payer to centralize healthcare and non-healthcare data. … This [helps to create a] 360-degree view of the person, or longitudinal record, and is used as the backbone of all value-based health offerings and analytics built on Oracle Health’s unified data architecture, Oracle Population Health Platform.”
The report evaluated 13 technology providers that offer analytics and insights supporting the components of the quintuple aim: improved care outcomes, cost containment, enhanced patient engagement, improved provider experience, and increased health equity. Read the report excerpt.
“Organizations are relying on analytic advancements to offset challenges and spur innovation aimed at better healthcare outcomes for all,” said Jennifer Eaton, research director, IDC. “With the purchase of Cerner, Oracle Health is now positioned to expand its healthcare footprint and has demonstrated its ability to aggregate data from multiple sources, including non-Oracle Health EHRs, health information exchanges, and payers. With their open architecture and expertise in cloud, analytics, and AI, Oracle is well poised to help customers get the full value out of their data to drive meaningful change that can positively impact their organization and patients.”
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Oracle Population Health Platform is open and data-focused which enables organizations to capture, store, curate, and analyze information to extend efforts across entire populations and emphasize chronic condition management and prevention. The IDC MarketScape report adds that “Oracle Health has the advantage of a large client base providing cross-selling opportunities as well as potentially favorable pricing for clients investing in the Oracle Population Health Platform.”
“The industry is ready for data and technology driven changes, and Oracle has the breadth and depth of technology and expertise to lead the way,” said Travis Dalton, executive vice president and general manager, Oracle Health. “We believe being named a Leader in value-based analytics reinforces the strategic importance we are bringing to clients as they look to unlock their data to better serve their patients and larger community populations.”
SOURCE: PRNewswire