Cleveland Clinic taps Oracle to reduce costs

Cleveland Clinic is working with Oracle to implement a cloud-based healthcare software platform at its U.S. and London locations.

The platform, which includes applications for enterprise resource planning and supply chain management, will allow Cleveland Clinic to use artificial intelligence and machine learning to help it optimize core business processes and reduce supply chain risk.

Using the platform, Cleveland Clinic aims to cut costs by gaining greater financial forecasting accuracy, automated supply and demand planning and real-time insights.

"Our work with Oracle's cloud technologies is a testament to our commitment to evolving our IT and finance platform, positioning us to support anticipated growth both domestically and internationally. Moving to the cloud will be critical in meeting these goals," said William Peacock III, Cleveland Clinic chief of operations.

Cleveland Clinic expects to implement Oracle's platform at Cleveland Clinic London in 2019 and its domestic locations in 2020.

 

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