Mayo Clinic chooses Oracle Fusion Cloud Applications Suite for its business processes

Photo: Cliff Hawkins/Getty Images

Mayo Clinic selected Oracle’s Fusion Cloud application suite to meet its 2030 goal for quality care and treatment of complex diseases.

Patients come to the Mayo Clinic for answers and treatment they can’t get anywhere else, Chief Financial Officer Dennis Dahlen said in a statement. To achieve these goals, the Mayo Clinic needed to adopt a new technology.

Mayo Clinic selected Oracle for its ability to provide a single administrative platform for enterprise resource planning, supply chain management, HR, and Oracle Fusion Analytics. This includes AI to automate manual processes, analytics to react to market changes in real time, and automatic updates to stay current.

Oracle Cloud simplifies processes, Dahlen said.

With Oracle Cloud Applications and the help of PwC as an implementation partner, Mayo Clinic should gain a more complete view of the organization’s finances to make timely business decisions.

WHY IT’S IMPORTANT

Mayo Clinic said it has charted a path to 2030, a strategy to heal, connect and transform healthcare by improving back office services and adapting functions and business analytics to support its global growth.

One of the pillars of this strategy is investing in digital transformation.

In 2019, Dr. John Halamka was named president of Mayo Clinic Platform to implement strategies, and Rita Khan was named chief digital officer to guide strategy and establish the Mayo Clinic Center for Digital Health.

THE GREAT TREND

In December, Oracle acquired Cerner for $28.3 billion. The partnership helps ease the burden on physicians by allowing providers to spend less time on the EHR with the digital voice assistant.

Mayo Clinic is a nonprofit organization committed to innovation in clinical practice, research and education. In July, it was ranked No. 1 for the sixth consecutive year in the US News and World Reports Honor Roll of Top Hospitals.

REGISTRATION

“The healthcare industry has experienced and continues to experience significant disruption caused by the pandemic and the need to provide the best medicines and the highest quality of care remains critical,” said Steve Miranda, executive vice president of product development. applications at Oracle. “We are committed to being a valued partner within the healthcare industry and look forward to helping Mayo Clinic streamline its business tools to enable its teams to focus more on what really matters: care. to patients.”

“At Mayo Clinic, patients come to us for answers and treatments they can’t get anywhere else. To enable our teams to focus on patients while transforming the way healthcare is dispensed, having the right administrative infrastructure in place to support our business is essential,” said CFO Dennis Dahlen.

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