Oracle adds Fusion Cloud features targeted at healthcare firms

Increasing its focus on healthcare industry customers, Oracle at the company’s annual CloudWorld conference in Las Vegas announced updates for its Cloud Fusion suite aimed at meeting their financial planning, supply chain and human resources needs with healthcare-oriented features for its Supply Chain and Manufacturing (SCM), Fusion Enterprise Performance Management (EPM), and Human Capital Management (HCM) suites. Healthcare sector has become a major target for Oracle, as signaled by its $28 billion acquisition of Cerner.

Oracle said it will help users make better financial, workforce, and patient care decisions via EPM. The new features will be offered as part of Oracle Fusion Cloud Enterprise Performance Management (EPM) suite. EPM suite includes planning and management capabilities for financial statements, balance sheets, and cash flow.

Moreover, Oracle has added specific tools to aid healthcare firms with supply chain issues. The new capabilities will be offered as part of Oracle’s Fusion Cloud Supply Chain and Manufacturing (SCM) suite and will include a new home equipment delivery application and a new supply chain planning service.

Furthermore, Oracle has launched a specialized set of tools to help healthcare providers manage their staff more efficiently. The company says the tools will help reduce burnout and costs, and deliver better patient care. Oracle ME (my experience) is part of the Fusion Cloud Human Capital Management (HCM) suite.

Source: CIO