StockNews.AI
ORCL
StockNews.AI
2 days

NYC Health + Hospitals Collaborates with Oracle to Enhance and Upgrade Key Business Processes

1. NYC Health + Hospitals will adopt Oracle Fusion Cloud Applications. 2. The consolidation aims to increase efficiency in healthcare operations. 3. Oracle's technology will enhance employee and patient experiences. 4. NYC Health + Hospitals, serving over one million patients, seeks operational improvements. 5. This partnership is expected to reduce costs and improve data reliability.

6m saved
Insight
Article

FAQ

Why Bullish?

The adoption by NYC Health + Hospitals showcases Oracle's software effectiveness, potentially driving contracts in healthcare.

How important is it?

The deal solidifies Oracle's position in the healthcare sector, indicating future growth potential.

Why Long Term?

The long-term nature of implementing healthcare solutions will ensure sustained revenue growth.

Related Companies

Largest municipal health care system in the U.S. consolidates finance, supply chain, and HR processes with Oracle Fusion Cloud Applications to integrate systems, standardize operations, and enhance the employee and patient experience System-wide consolidation will increase IT security and reduce reliance on outdated software and hardware systems at each facility , /PRNewswire/ -- NYC Health + Hospitals, the largest municipal health care system in the U.S., will upgrade to Oracle Fusion Cloud Applications to streamline business processes and support the delivery of high-quality health care services. Using Oracle Fusion Applications, an integrated set of cloud applications to manage finance, supply chain, and HR processes, NYC Health + Hospitals will be able to increase efficiency, reduce costs, and enhance the employee and patient experience. NYC Health + Hospitals is an integrated network of hospitals, community-based health centers, long-term care and rehabilitation facilities, home care services, correctional health services, and a health insurance plan. Its team of more than 45,000 employees work to provide responsive, high-quality care for more than one million patients every year across the five boroughs of New York City. To continue its growth and meet evolving patient needs, NYC Health + Hospitals required a unified business platform that could help reduce manual processes and improve business insights. NYC Health + Hospitals selected Oracle to increase the speed and accuracy of business operations and gain the insights needed to deliver the highest quality of care possible to New York City communities. "With high-quality health care at the core of our mission, the stakes are high and operating with siloed data was neither efficient nor sustainable," said Danielle DiBari, PharmD, chief pharmacy officer, chief procurement officer, and senior vice president of Business Operations, NYC Health + Hospitals. "With Oracle, we'll have the reliable data we need and easy access to advanced technology that can help us make more informed decisions and optimize operational processes. This will enable our teams to dedicate more time and resources to serving patients and helping New Yorkers live their healthiest lives." "The complexities within the healthcare industry are vast and growing, with significant obstacles that impact an organization's ability to deliver high-quality patient care," said Steve Miranda, executive vice president of Applications Development, Oracle. "With Oracle Fusion Applications, NYC Health + Hospitals can improve the speed and accuracy of business processes, increase efficiency, and drive healthcare innovation as it continues to provide the best care possible to its patients." Oracle Fusion Applications enables organizations to take advantage of the cloud and the latest technology advancements to standardize processes on a single integrated cloud platform. With updates delivered every quarter across 14,000+ customers in every industry and region of the world, Oracle Fusion Applications help organizations embrace continuous innovation and stay ahead of whatever comes next. New York City Health + Hospitals has been working with Oracle Fusion Applications since November 2024. To learn more about Oracle Fusion Applications, please visit: oracle.com/applications About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com. Trademarks Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. SOURCE Oracle WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News