Oracle has introduced a new addition to its business
intelligence software suite for health care. Called OPSCA
(Oracle Healthcare Provider Supply Chain Analytics), the application will
enable health care organizations to manage their supply chain and reduce costs,
the company reports.
Part of the Oracle Enterprise Healthcare Analytics suite, OPSCA allows health care companies to control procurement as well as sourcing
and supplier contracts. With the analytics capabilities of OPSCA, Oracle aims
to add transparency to a health care organization's supply chain transactions.
The software provides a complete view of expenditures to allow companies to identify areas in which to trim costs.
The application features prebuilt dashboards and predefined analysis engines to allow health care executives to avoid extra coding or
configuration when managing their supply chain.
Transforming health care supply costs is a key benefit of the OPSCA software, according to Neil de Crescenzo, senior vice president and
general manager for Oracle Health Sciences.
"With supply costs running as high as 45 percent of a health system's total operating expense, supply chain processes offer a rich target
for transformation," de Crescenzo, senior vice president and general
manager for Oracle Health Sciences, said in a statement.
For more, read the eWeek article: Oracle Unveils Health Care Analytics Application for Supply Chain.
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