NYC Health + Hospitals Collaborates with Oracle to Enhance and Upgrade Key Business Processes
Oracle (NYSE:ORCL) has secured a significant collaboration with NYC Health + Hospitals, the largest municipal healthcare system in the U.S., to implement Oracle Fusion Cloud Applications across their network. The partnership, which began in November 2024, aims to streamline finance, supply chain, and HR processes for the healthcare system's 45,000+ employees serving over one million patients annually.
The implementation will help NYC Health + Hospitals consolidate operations, reduce manual processes, and enhance data-driven decision-making. The system-wide upgrade will increase IT security and reduce reliance on outdated systems while improving operational efficiency across their integrated network of hospitals, health centers, and healthcare facilities throughout New York City's five boroughs.
Oracle (NYSE:ORCL) ha avviato una collaborazione importante con NYC Health + Hospitals, il pi霉 grande sistema sanitario municipale degli Stati Uniti, per implementare le Oracle Fusion Cloud Applications in tutta la sua rete. La partnership, iniziata nel novembre 2024, mira a snellire i processi finanziari, della catena di approvvigionamento e delle risorse umane per oltre 45.000 dipendenti che assistono pi霉 di un milione di pazienti ogni anno.
L鈥檌mplementazione aiuter脿 NYC Health + Hospitals a consolidare le operazioni, ridurre le attivit脿 manuali e potenziare le decisioni basate sui dati. L鈥檃ggiornamento a livello di sistema aumenter脿 la sicurezza IT, ridurr脿 la dipendenza da sistemi obsoleti e migliorer脿 l鈥檈fficienza operativa nella rete integrata di ospedali, centri di salute e strutture sanitarie distribuite nei cinque borough di New York City.
Oracle (NYSE:ORCL) ha conseguido una colaboraci贸n significativa con NYC Health + Hospitals, el mayor sistema sanitario municipal de EE. UU., para desplegar Oracle Fusion Cloud Applications en toda su red. La alianza, iniciada en noviembre de 2024, tiene como objetivo optimizar los procesos de finanzas, cadena de suministro y recursos humanos para m谩s de 45.000 empleados que atienden a m谩s de un mill贸n de pacientes al a帽o.
La implementaci贸n ayudar谩 a NYC Health + Hospitals a consolidar operaciones, reducir procesos manuales y mejorar la toma de decisiones basada en datos. La actualizaci贸n del sistema incrementar谩 la seguridad inform谩tica, disminuir谩 la dependencia de sistemas obsoletos y mejorar谩 la eficiencia operativa en su red integrada de hospitales, centros de salud e instalaciones sanitarias en los cinco boroughs de la ciudad de Nueva York.
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Oracle (NYSE:ORCL) a conclu une collaboration majeure avec NYC Health + Hospitals, le plus grand r茅seau de sant茅 municipal des 脡tats-Unis, pour d茅ployer Oracle Fusion Cloud Applications au sein de son r茅seau. Le partenariat, lanc茅 en novembre 2024, vise 脿 rationaliser les processus financiers, de cha卯ne d'approvisionnement et de ressources humaines pour plus de 45 000 employ茅s qui prennent en charge plus d'un million de patients par an.
La mise en 艙uvre aidera NYC Health + Hospitals 脿 consolider ses op茅rations, r茅duire les t芒ches manuelles et renforcer la prise de d茅cision fond茅e sur les donn茅es. La mise 脿 niveau 脿 l'茅chelle du syst猫me renforcera la s茅curit茅 informatique, r茅duira la d茅pendance aux syst猫mes obsol猫tes et am茅liorera l'efficacit茅 op茅rationnelle dans leur r茅seau int茅gr茅 d'h么pitaux, de centres de sant茅 et d'茅tablissements m茅dicaux r茅partis dans les cinq arrondissements de New York.
Oracle (NYSE:ORCL) hat eine bedeutende Zusammenarbeit mit NYC Health + Hospitals, dem gr枚脽ten kommunalen Gesundheitssystem in den USA, vereinbart, um Oracle Fusion Cloud Applications im gesamten Netzwerk einzuf眉hren. Die Partnerschaft, die im November 2024 begann, hat zum Ziel, die Finanz-, Lieferketten- und HR-Prozesse zu straffen f眉r 眉ber 45.000 Mitarbeitende, die mehr als eine Million Patienten pro Jahr versorgen.
Die Einf眉hrung wird NYC Health + Hospitals dabei unterst眉tzen, Betriebsabl盲ufe zu konsolidieren, manuelle Prozesse zu reduzieren und datengest眉tzte Entscheidungsfindung zu verbessern. Das systemweite Upgrade erh枚ht die IT-Sicherheit, verringert die Abh盲ngigkeit von veralteten Systemen und verbessert die operative Effizienz im integrierten Netzwerk aus Krankenh盲usern, Gesundheitszentren und medizinischen Einrichtungen in den f眉nf Bezirken von New York City.
- Partnership with largest U.S. municipal healthcare system serving 1M+ patients annually
- Integration opportunity across 45,000+ employee organization
- Expansion of Oracle Fusion Applications customer base in healthcare sector
- Long-term recurring revenue potential through quarterly updates and cloud services
- Implementation complexity and risks in large healthcare system
- Extended timeline for full system deployment and integration
Insights
Oracle secures major healthcare client, strengthening its cloud applications business in a critical sector with potential for recurring revenue.
Oracle has landed a significant customer win with NYC Health + Hospitals, the largest municipal healthcare system in the United States. This enterprise-wide implementation will consolidate the organization's finance, supply chain, and HR processes using Oracle Fusion Cloud Applications across its extensive network of facilities.
The deal is particularly valuable as it represents penetration into the healthcare sector, which has historically been cautious about cloud transitions due to data sensitivity concerns. NYC Health + Hospitals operates with 45,000 employees serving over one million patients annually, making this a substantial implementation that showcases Oracle's ability to handle complex, large-scale deployments in highly regulated industries.
What's most significant is that this relationship has already been established since November 2024, indicating the implementation is already underway. This suggests Oracle has successfully navigated initial deployment challenges and secured what will likely be a multi-year recurring revenue stream.
The deployment addresses multiple high-value pain points for the healthcare provider, including reducing reliance on outdated systems, enhancing security, eliminating data silos, and automating manual processes. By consolidating these functions onto a unified cloud platform, Oracle is positioning itself as a mission-critical technology partner rather than just a vendor.
For investors, this represents Oracle's continuing success in transitioning its business model toward cloud services with predictable subscription revenue. The healthcare sector provides particularly sticky customers once systems are implemented due to the mission-critical nature of these applications and high switching costs.
Largest municipal health care system in the
System-wide consolidation will increase IT security and reduce reliance on outdated software and hardware systems at each facility
NYC Health + Hospitals is an integrated network of hospitals, community-based health centers, long-term care and rehabilitation facilities, home care services, correctional health services, and a health insurance plan. Its team of more than 45,000 employees work to provide responsive, high-quality care for more than one million patients every year across the five boroughs of New York City.聽To continue its growth and meet evolving patient needs, NYC Health + Hospitals required a unified business platform that could help reduce manual processes and improve business insights. NYC Health + Hospitals selected Oracle to increase the speed and accuracy of business operations and gain the insights needed to deliver the highest quality of care possible to
"With high-quality health care at the core of our mission, the stakes are high and operating with siloed data was neither efficient nor sustainable," said Danielle DiBari, PharmD, chief pharmacy officer, chief procurement officer, and senior vice president of Business Operations, NYC Health + Hospitals. "With Oracle, we'll have the reliable data we need and easy access to advanced technology that can help us make more informed decisions and optimize operational processes. This will enable our teams to dedicate more time and resources to serving patients and helping New Yorkers live their healthiest lives."
"The complexities within the healthcare industry are vast and growing, with significant obstacles that impact an organization's ability to deliver high-quality patient care," said Steve Miranda, executive vice president of Applications Development, Oracle. "With Oracle Fusion Applications, NYC Health + Hospitals can improve the speed and accuracy of business processes, increase efficiency, and drive healthcare innovation as it continues to provide the best care possible to its patients."
Oracle Fusion Applications enables organizations to take advantage of the cloud and the latest technology advancements to standardize processes on a single integrated cloud platform. With updates delivered every quarter across 14,000+ customers in every industry and region of the world, Oracle Fusion Applications help organizations embrace continuous innovation and stay ahead of whatever comes next.
New York City Health + Hospitals has been working with Oracle Fusion Applications since November 2024.
To learn more about Oracle Fusion Applications, please visit:聽
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