Mosaic Life Care Selects Oracle Fusion Cloud Applications Suite to Increase Efficiency and Help Improve Patient Care
Rhea-AI Summary
Mosaic Life Care, a physician-led healthcare system serving multiple Midwest states, has chosen Oracle Fusion Cloud Applications Suite to enhance its operational efficiency and patient care delivery. The implementation includes Oracle's Cloud ERP, EPM, SCM, and HCM solutions to consolidate finance, planning, supply chain, and HR processes. With over 4,800 staff members, Mosaic aims to replace its previously disjointed systems with Oracle's integrated platform featuring AI capabilities to increase productivity, reduce costs, and improve decision-making through prebuilt AI-powered analytics.
Positive
- Implementation of integrated cloud platform to replace costly, disjointed systems
- AI-powered analytics integration for improved operational insights
- Continuous innovation through quarterly update cycles
- Cost reduction potential through operational efficiency improvements
Negative
- None.
News Market Reaction – ORCL
In the trading session that priced this news, ORCL gained 0.65%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Physician-led healthcare system consolidates finance, planning, supply chain, and HR processes in the cloud
Mosaic provides a wide range of acute care and outpatient services across
"Our previous systems were disjointed, costly to operate, and hampered our ability to quickly respond to shifting patient demands," said Drew Keesbury, chief financial officer, Mosaic. "With Oracle Fusion Applications, we can standardize key business processes on an integrated cloud platform and take advantage of advanced AI capabilities to help increase productivity, reduce costs, and better support our caregivers as we work to deliver high-quality patient care."
With Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), and Oracle Fusion Cloud Human Capital Management (HCM), Mosaic will be able to take advantage of the cloud and the latest advancements in AI to help break down organizational silos and improve efficiency. In addition, Oracle Fusion Data Intelligence will enable Mosaic to leverage prebuilt AI-powered analytics to help uncover deeper insights and enhance decision-making. With quarterly update cycles, Oracle Fusion Applications will also give the Mosaic team access to continuous innovation as new features are added regularly.
"To successfully control costs, manage patient demand, and stay ahead of emerging workforce and inventory needs, health care organizations need full visibility into their operations and a single view of data across the entire health delivery system," said Steve Miranda, executive vice president of applications development, Oracle. "With Oracle Fusion Applications, Mosaic has a single suite of applications to manage its operations and can quickly and easily access industry-leading AI capabilities to help improve the speed and accuracy of business processes and enable its staff to better focus on the needs of its patients and the community."
To learn more about Oracle Fusion Applications, please visit: oracle.com/applications
About Mosaic Life Care
Mosaic Life Care is a physician-led organization delivering a new kind of health care. To help patients become the healthiest version of themselves, Mosaic Life Care is dedicated to not only treating people when they are sick, but also keeping them healthy. Mosaic Life Care is a past recipient of the Malcolm Baldrige National Quality Award and was the first in Missouri to belong to the Mayo Clinic Care Network.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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SOURCE Oracle