Unified Data And Analytics For Total Wellness In Healthcare

Unified data and analytics for total wellness in healthcare Preparing for the future of healthcare

Overview Oracle Healthcare Foundation 4 The Oracle Healthcare Foundation platform Finance department challenges Industry challenges How Oracle Healthcare Foundation Administrative Foundation addresses Research 6 Researcher challenges How Oracle Healthcare Foundation enables clinical teams Administrator challenges enables administrators Conclusion enables researchers Clinical team challenges 12 How Oracle Healthcare Foundation How Oracle Healthcare Foundation Clinical 10 enables finance departments What problems the Oracle Healthcare 2 Financial 8 Conclusion Additional resources 14

Preparing for the future of healthcare Today’s healthcare landscape has become a double-edged sword. While it’s filled with lifesaving technologies and opportunities to provide better care to patients, healthcare’s unpredictable nature can sometimes cause complexities and challenges for those in the field. Combined with an overwhelming amount of data, data types, data silos, and data sources, organizations are struggling to find a system that will help manage and share critical information. With the right technologies and processes in place, organizations can use data and analytics to transform the healthcare continuum – providing a better experience for patients and customers. 76% of organizations would like to, or are already participating in, precision medicine1 1 Trends in Precision Medicine Adoption Research Report, p4 3

Oracle Healthcare Foundation A reliable, scalable, and secure single source of truth. The Oracle Healthcare Foundation platform goes far beyond anything EMR systems can contain. Oracle Healthcare Foundation aggregates data from financial, human resources, workforce management, research, clinical, operations, and additional systems, and combines it into a single source of truth. Functions across entire organizations are united in their ability to access and use data to empower faster, better-informed decisions. “ Oracle Healthcare Foundation is an expertly engineered, unified healthcare analytics platform that is ideal to support healthcare providers, data integration, and data quality challenges today and in the future.” Frost & Sullivan 2017 North American Health Data Warehousing Product Leadership Award 4

Secure access to robust data The risk of lost data or privacy through unauthorized access or cyberattacks is one of healthcare’s topmost concerns. Data held within Oracle Healthcare Foundation is fully protected by the market-leading security of Oracle systems and built-in compliance functionality. With security no longer a concern, practitioners and researchers have the freedom to focus on improving patient outcomes and supporting innovation. 40% of healthcare providers say improved security is a top priority in their application of big data and analytics2 Transforming the future of data-driven healthcare The risk of lost data or privacy through unauthorized access or cyberattacks is one of healthcare’s topmost concerns. Data held within Oracle Healthcare Foundation is fully protected by the market-leading security of Oracle systems and built-in compliance functionality. With security no longer a concern, practitioners and researchers have the freedom to focus on improving patient outcomes and supporting innovation. 57% of organizations are incorporating AI components into their precision medicine initiatives3 2 Trends in Big Data and Analytics in Healthcare 2018 (IDC), p7 3 Trends in Precision Medicine Adoption Research Report, p7 5

Research Healthcare organizations can swiftly apply clinical research findings to patient care. The rate at which insights generated through clinical research are being translated into patient care is faster than ever, improving the end-to-end patient journey and having a tangible effect on the healthcare industry. However, while the growing amount of data is providing greater insights for patient care, the management of that data is becoming more complex. Further complicating the matter is the fact that data delivery has extended beyond medical records— patients, clinicians, and caregivers all require access to specific information. By adopting technology that routes the right data to the right people at the right time, healthcare providers can more efficiently combine the latest research with patient insights. This can drive changes in care plans and enable precision medicine that will improve both patient care and healthcare processes. 6

Quality data must be able to meet the unique needs of all functions across healthcare organizations. Research teams need: Access to multiple, robust The ability to identify cohorts data sets to fully understand and targeted data sets to interactions in complex leverage emerging and biological systems innovative research methods Data sets that include both Integrated analysis of multiple clinical and genomic data genomic file types and larger Infrastructure that supports and adapts to the latest scientific knowledge molecular data sets, as well as more sophisticated analytics tools Healthcare organizations are improving patient outcomes with faster implementation of medical research. How does Oracle Healthcare Foundation enable research teams to use data and analytics to drive the future of healthcare? Oracle Healthcare Foundation collects and curates data sets from all corners of the organization, enabling collaboration between academic medical center environments and clinical enterprises, and supporting the clinical data needed to fully aid researchers The omics model provides unprecedented power and agility, enabling analysis of large molecular data sets, as well as the storage and querying of multiple genomic, proteomic, and metabolomic data sets Oracle Health Sciences’ data management and research capabilities have been developed by pairing in-house teams with industry experts to ensure best practices 7

Clinical Clinical teams can use data analysis to improve quality of care. Clinical departments face multiple challenges every day, and improving the quality of care and treatment they provide are just two of them. While dealing with pressure from all sides, they must overcome these hurdles by optimizing the limited labor force they have. However, adopting the right technology and processes can make solving these issues an easy win for clinical departments. By implementing new technologies, clinical teams will be able to analyze data and patient journeys, from initial tests to treatment history, to help them find the insights they need to identify quality programs and improvements. By using past performances and patient data, these teams are able to advance clinical care and the different paths it may take. For example, providing population-based management allows for the prediction of health issues, enabling a move from models of reactive care to preventative care, reducing costs, and improving patient outcomes. Or, by changing to value-based medicine, clinical teams can shift their focus from treatments to outcomes. 8

Quality data must be able to meet the unique needs of all functions across healthcare organizations. Clinical teams need: A complete, longitudinal view The capability to examine of a patient’s history to provide outcomes in clinical the best care populations and predict individual patient responses to treatments Access to the latest medical research The ability to fully leverage all relevant resources New approaches to treatments are improving patient outcomes. How does Oracle Healthcare Foundation enable clinical teams to use data and analytics to drive the future of healthcare? A comprehensive view of patient history data is provided, from both in-patient and ambulatory care settings Patient demographics, medication prescription and administration, surgical and clinical procedures, and tests and observations are all consolidated and easily disseminated to essential stakeholders Cross-functional integration makes the latest research, treatments, and resources available and actionable throughout the organization 9

Finance Data analysis can give healthcare organizations a complete view of financial information. Finance departments within healthcare organizations are under increasing pressure to improve margins and reduce costs, while continuing to enhance patient care. By combining clinical data with financial information, the Oracle Healthcare Foundation platform increases efficiencies, improves cost effectiveness, and creates an overall better patient experience. To achieve these goals, finance teams must efficiently oversee and analyze spending across all departments within the organization. This enables them to more effectively attribute savings and ROI to specific programs, while meeting extensive federal and state reporting requirements. By adopting the right technology and processes, data analysis can help finance teams improve patient outcomes and reduce costs by providing insights into the costs and effectiveness of different treatments. 10

Quality data must be able to meet the unique needs of all functions across healthcare organizations. The finance department needs: A complete overview of organizational spending and competitive A view of readmittance levels and care outcomes, with comparison data to implement financial improvement measures that analytics that explain results and offer insights for will ultimately improve patient outcomes and overall experiences improvement Self-service analytics that support data-driven decisions and predictions for future needs based on population health and Access to information on contract and supplier costs, as well as resource requirements demographics Increased efficiency of healthcare is improving patient outcomes. How does Oracle Healthcare Foundation enable finance teams to use data and analytics to drive the future of healthcare? A complete view of the organization’s financial needs, including accounting and financial reporting, billing, claims, cost allocation, patient financial services, and accounts payable Less time is spent analyzing data and aggregating reports, speeding up decisions that drive efficiencies, competitiveness, and growth Organizations can proactively predict future needs, reduce costs, and increase competitiveness while improving patient care 11

Administrative Healthcare organizations can use data analysis to increase operational efficiency. The administrative department supports the entire healthcare organization by ensuring that the right resources are deployed in the right place, at the right time. Efficient supply chains and appropriate staff allocation are vital to implementing healthcare innovation and providing great patient experiences. Administrators must overcome scheduling challenges to give patients smooth journeys through various treatments and departments within healthcare organizations, such as hospitals. Safety is also a high priority for administrators—patient care can be dangerous if insufficient resources are allocated, yet money can be wasted by assigning more than is necessary. By adopting the right technology and processes, administrators can analyze data from sources across the organization to get a complete view of the organization’s needs and more efficiently allocate resources. 12