Thursday, October 3, 2024

Mayo Clinic Taps Oracle Cloud for Business Process Software

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AUSTIN, Texas — The Mayo Clinic is working with Oracle Cloud to implement software to help fulfill its eight-year vision.

The health care nonprofit will use Oracle Fusion Cloud Applications Suite and Oracle Fusion Analytics to “power its business processes,” according to Oracle last month. 

The Oracle Cloud software will support Mayo Clinic’s “Path to 2030,” a strategy to “cure, connect and transform health care,” by improving administrative services experiences and scaling functions and business analysis to support its global growth.

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The Mayo Clinic is “committed to innovation” in clinical practice, research, and education and adopting new technologies.

The nonprofit selected Oracle Cloud for its ability to provide “a complete solution on a single administrative platform.”

The Mayo Clinic will use Oracle Fusion Cloud Applications for enterprise resource planning (ERP), supply chain management, and HR.

With the Oracle Cloud applications, and PwC as its implementation partner, the Mayo Clinic expects to gain “a complete view” of its finances, optimize financial planning and forecasting, simplify procurement and supply chain management, modernize HR processes, and improve the employee experience. 

With Oracle Fusion Analytics, the Mayo Clinic plans to process relevant data, access actionable insights, and evaluate predictions to make timely business decisions.

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“To enable our teams to focus on patients, while transforming the way health care is delivered, it’s critical to have the right administrative infrastructure to support our business,” said Dennis Dahlen, CFO, Mayo Clinic. 

“As a partner with deep health care experience, we chose Oracle Cloud to simplify processes that enable our teams to deliver unparalleled experiences.”

Steve Miranda, EVP of applications development at Oracle, said the health care industry “has seen and continues to power through significant disruption brought on by the pandemic and the need to deliver best-in-class medicine and quality of care remains critical.”

Miranda said Oracle looks forward to helping Mayo Clinic “streamline its business tools to further enable its teams to focus on what truly matters: caring for patients.”

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