News Column

University of Louisville Selects Oracle to Help Improve Public Health and Reduce the Cost of Care

Oct 31 2012 12:00AM

Marketwire

LogoTracker

REDWOOD SHORES, CA -- (Marketwire) -- 10/31/12 -- Oracle (NASDAQ: ORCL)

News Facts

•The University of Louisville, a state-supported research university with 17 health sciences centers and institutes, has selected Oracle Enterprise Healthcare Analytics solutions, Oracle Database 11g and Oracle Fusion Middleware components as the foundation for the Louisville Informatics Institute (LOUI) initiative -- a statewide informatics network being designed and developed from the ground up. •LOUI will use Oracle technology and advanced analytics, along with an innovative outcomes-based reimbursement model, to improve public health, advance medical knowledge and reduce the cost of caring for more than one million patients in Kentucky. The university projects that LOUI will yield a significant annual return on investment through earlier intervention, improved patient compliance and avoided hospitalizations matched to the new payment model. •The university will use Oracle Health Sciences solutions to create a data and analytical foundation that yields new insight into care outcomes and cost management by enabling LOUI to link payer claims data with laboratory results and other electronic health record data to compare treatments, changes in health and the cost for achieving it. •Specifically, LOUI will use Oracle Healthcare Master Person Index and Oracle Enterprise Healthcare Analytics to ensure that each patient is uniquely identified and to create a single enterprise data warehouse to aggregate patient data from multiple entities and source systems. •Oracle solutions, including Oracle Fusion Middleware, will support LOUI's efforts to improve treatment compliance, especially among underserved populations, by providing healthcare knowledge workers and health coaches -- who play an important role in the initiative -- with near real-time clinical data and easy-to-understand-and-access metrics that they can use to engage patients in a meaningful way. •LOUI will deploy Oracle Fusion Middleware Components, including Oracle WebCenter, Oracle Business Intelligence Enterprise Edition and Oracle Identity Management to provide team members with a secure, highly personalized portal to view, analyze and share patient-specific test results. •Oracle WebCenter also provides out-of-the-box social media functionality that will support "Facebook for Medicine" communications -- including activity streams, wikis, blogs, discussion groups, recommendations and more -- that improve collaboration and connections between LOUI health knowledge workers and health coaches, as well as between health coaches and patients. •Delivering flexibility and scalability, the Oracle-based platform will enable LOUI to access and analyze integrated data to support known and future clinical, research and regulatory requirements, as well as new business models, including accountable care organizations (ACOs) and collaborative research initiatives. Oracle solutions, such as Oracle Advanced Security, also support compliance with all applicable health information retention and privacy statutes and regulations. •The University of Louisville is working with Oracle Consulting to build and deploy LOUI in three phases, the first of which went live in October 2012.

Supporting Quotes

•"Over the years, we have come to trust and rely on Oracle's innovative solutions, including Oracle Fusion Middleware, Oracle Database and Oracle's PeopleSoft applications. For LOUI, we immediately saw the benefits of an integrated solution, including healthcare analytical applications, from a single vendor," said Dr. Priscilla Hancock, Vice President of Information Technology/CIO, University of Louisville. "By implementing a robust suite of Oracle solutions, including Oracle Enterprise Healthcare Analytics, the LOUI team can focus on business requirements, rather than building and knitting individual components. This better positions the university to meet its mission of improving patient care in the state of Kentucky and developing best practices that can be shared globally." •"Data management empowers disease management," said Dr. Russell Bessette, Associate Vice President for Health Affairs and Health Information, University of Louisville. •"To create a statewide informatics network that yields new insight into outcomes and enables new care pathways, University of Louisville requires a robust and secure IT infrastructure -- including a pre-built, healthcare-specific data model, powerful, yet user-friendly analytical applications and a scalable and full-featured portal equipped to harness the potential of social media," said Neil de Crescenzo, senior vice president and general manager, Oracle Health Sciences. "Oracle, through its Oracle Enterprise Healthcare Analytics and Oracle Fusion Middleware solutions, provides a single integrated source to deliver on all of these requirements and accelerate time to value."

Supporting Resources

Oracle in Health SciencesOracle Enterprise Healthcare AnalyticsOracle Fusion MiddlewareOracle Healthcare Master Person IndexOracle Healthcare Data Warehouse FoundationOracle Healthcare Analytics Data IntegrationOracle WebCenter PortalOracle Business Intelligence Enterprise EditionOracle Identity ManagementOracle ConsultingFollow Oracle Health Sciences on TwitterJoin the Oracle Health Sciences Community on FacebookOracle Health Sciences on YouTube

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

About Oracle in Industries

Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to healthcare, helping speed time to market, reduce costs, and gain a competitive edge.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.



Contact Info

Greg Lunsford
Oracle
+1.650.506.6523
Email Contact

Mary Tobin
O'Keeffe & Company
+1.503.658.7396
Email Contact





Source: Marketwire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters