Oracle Releases Supply Chain Analytics Application for Health Care

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.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

Get the Free Newsletter!

Subscribe to Daily Tech Insider for top news, trends, and analysis.

Latest Articles