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Exam Code: 1Z0-1018 Practice exam 2022 by Killexams.com team 1Z0-1018 Oracle Revenue Management Cloud Service 2018 Implementation Essentials Exam Title : Oracle Revenue Management Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1018
Exam Duration : 105 minutes
Questions in exam : 60
Passing Score : 64%
Format : Multiple Choice Questions
Exam Center : Pearson VUE
Real Questions : Oracle Revenue Management Cloud Service 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1018 Online VCE Practice Test
Revenue Management Overview - Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
- Explain Revenue Management Integration Requirements Standalone Selling Prices - Setup Revenue Management and configure standalone pricing (NEW for R13) OTBI and delivered reports - (NEW for R13) Explain how to create OTBI reporting objects
- (NEW for R13) Explain delivered reports uses and processes Revenue Management Setup and Configuration - Configure Revenue Management Cloud Services
- Placeholder Objective for another skill under Setup and Config Revenue Contracts - Manage contracts and Revenue Oracle Revenue Management Cloud Service 2018 Implementation Essentials Oracle Implementation information Killexams : Oracle Implementation information - BingNews
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https://killexams.com/exam_list/OracleKillexams : Why big health systems are moving to Epic
Two large health systems — Atlanta-based Emory Healthcare and Houston-based Memorial Hermann — recently switched their EHRs from Oracle Cerner to Epic, continuing a trend of bigger hospital groups moving to the Verona, Wis.-based software giant.
Several health system CIOs and other IT leaders told Becker's the reasons for this include the desire to consolidate to one EHR from multiple vendors, with Epic being the most dominant player, while others said not to put too much stock in the name of the companies as the EHRs are fairly similar and depend on what your patients and clinicians are looking for.
"When you've seen one health system, you've seen one health system," said Aaron Miri, senior vice president and chief digital and information officer of Jacksonville, Fla.-based Baptist Health.
But he said Baptist Health went to Epic, a transition completed July 30, to integrate into a single EHR.
"While I can't speak for other health system's reasons, I do think that healthcare is becoming so complicated with so many intersecting levels of care that all health systems must be asking themselves how to simplify the equation and make care delivery a much more seamless experience for providers and patients alike," he said.
Still research bears out this trend. KLAS Research, which studies EHR use among hospitals, has found bigger systems going to Epic in accurate years and Oracle Cerner gaining smaller facilities.
"KLAS is still collecting, tabulating and verifying data for 2022, but the trend of Epic gains, especially among large hospitals and IDNs, appears to be continuing. Cerner's trend of winning several small hospitals also appears to be holding," said Coray Tate, vice president of core solutions and interoperability at KLAS.
Epic is also typically the EHR used by academic medical centers, said Lisa Nelson, PharmD, vice president of IT applications for University of Rochester (N.Y.) Medical Center.
"It is the platform used in training a generation of providers, nurses and pharmacists as students and residents," she said.
While Epic dominates the U.S. market, Oracle Cerner is the leader by hospital market share worldwide. Oracle said it could help Cerner expand its global reach after it bought the EHR vendor in June for $28.4 billion.
Even though New York City-based Weill Cornell Medicine uses Epic, its biggest affiliates in the Middle East have opted for Oracle Cerner, said CIO Curtis Cole, MD. He said Oracle Cerner provides better support internationally and is more accommodating of local laws and customs.
"In the U.S., Epic is especially compelling in large systems," he said. "It simply solves more problems and scales better. Epic's strict implementation practices mean you will end up with a functional system, even if it isn't fabulous."
Dr. Cole said some former customers of EHR vendor Allscripts, which also has had a bigger share of academic medical centers, miss its flexibility and innovation potential compared to Epic.
"Epic makes it really hard to be exceptional — exceptionally good or exceptionally bad," he said.
"But with the Oracle takeover, I expect more systems will move to Epic," he added. "Epic's dictatorship is at least benevolent."
Other CIOs pointed to the Oracle deal as a reason for the accurate switches.
"The healthcare industry is risk-averse and does not like uncertainty," said Michael Saad, senior vice president and CIO of Knoxville-based University of Tennessee Medical Center. "For health systems already contemplating a move from Cerner to Epic, the acquisition of Cerner by Oracle has accelerated some of these conversations."
He said one of Oracle Cerner's challenges is a lack of a robust, clinically integrated revenue cycle platform, though he noted that the company plans to implement the beta version of its RevElate solution starting later this year.
"Until Cerner can successfully address this gap and convince health systems that they have an integrated revenue cycle solution, we will continue to see health systems move to Epic," Mr. Saad said.
An Epic spokesperson said the company's gains have been consistent, averaging about 26 large healthcare system pickups a year. The spokesperson pointed to Epic being an integrated system that is built around the patient and preferred by physicians, better financial returns among health systems, high patient satisfaction with MyChart, interoperability among Epic customers, and organizations wanting to collaborate with the Epic peer group. Oracle Cerner didn't respond to requests for comment for this story.
"I am not surprised as we have seen this shift occur over the past decade as health systems move away from best-of-breed strategies, instead focusing on a high level of integration, not only with respect to their internal software systems but additionally integration with other health systems leveraging [Epic programs like] CareEverywhere and Cosmos," said Josh Glandorf, CIO of University of California San Diego Health.
In an era of hospital consolidation, health systems may buy other hospitals or groups that are on different EHR vendors, then decide to integrate them all into one.
"In these situations, there is a 'you can't go wrong with Epic' sentiment that often prevails," said Joyce Oh, CIO of Tampa, Fla.-based Moffitt Cancer Center. "Epic is a perfectly fine and expected choice."
But she said Oracle Cerner is a better fit for Moffitt. She embraces the vision of Oracle Health Chair David Feinberg, MD, to move the company from "technologically driven" to "clinically driven," which could help boost oncology care delivery and research support. She hopes Oracle employs its data expertise to help Cerner customers find better insights for value-based care.
"A race is not a race with only one participant," Ms. Oh said. "Competition keeps participants pushing to improve, excel, and move further than ever before. The Epic-Cerner 'race' is not only healthy but I am certain will Strengthen EHR technology, data, and (ultimately) patient outcomes for the health systems that utilize these platforms."
Mon, 17 Oct 2022 02:12:00 -0500en-gbtext/htmlhttps://www.beckershospitalreview.com/ehrs/why-big-health-systems-are-moving-to-epic.htmlKillexams : Perficient to Demonstrate Multi-Pillar Oracle Expertise at Oracle CloudWorld 2022
Perficient, Inc.PRFT ("Perficient"), the leading global digital consultancy transforming the world's largest enterprises and biggest brands, today announced it will showcase its Oracle Analytics Cloud (OAC) and Oracle Cloud Infrastructure (OCI) expertise in a breakout session during Oracle CloudWorld 2022, taking place October 17-20 in Las Vegas.
In order to remain agile and maintain visibility into business systems, enterprises must standardize their processes and establish governance and accountancy controls. For more than 20 years, Perficient and Oracle have partnered to help clients institute efficiencies across the organization while empowering them to regain accessibility and authority of their information.
"As an organization's data grows exponentially, business leaders need powerful analytics and visualization techniques to help them better leverage that data," said Joseph Klewicki, general manager in Perficient's Oracle practice. "By deploying the right strategy and business intelligence integration, decision makers can have more accurate and timely data available at their fingertips. We are excited to share our expertise and showcase the power of Oracle Cloud at CloudWorld 2022."
Hear How Perficient Leveraged Hybrid Oracle Cloud to Achieve Cross-Platform Migration
Perficient and a multi-national hospitality group will deliver a breakout presentation at Oracle CloudWorld 2022 about how they implemented a cross-platform migration of three critical financial systems to Oracle Cloud. Representatives from the two organizations will discuss how they leveraged the organization's existing Oracle applications and modernized its business intelligence platform with OAC and OCI.
Meet with Perficient's Oracle Experts at Oracle CloudWorld 2022
"Decision makers from a cross section of industries will convene at Oracle CloudWorld to learn how they can utilize digital technologies and cloud capabilities to meet their needs," said Santhosh Nair, vice president, Perficient. "We are eager to gather with the Oracle global community to meet with business leaders to share how our expertise with Oracle platforms can solve problems and transform their business."
Perficient has two decades' of experience successfully deploying more than 3,000 client implementations using Oracle technology. With 15 Oracle specializations, an education center in Houston, and integrated IP assets, Perficient has delivered strategy and implementation for on-premises, cloud, and hybrid solutions to meet unique business needs.
Perficient is the leading global digital consultancy. We imagine, create, engineer, and run digital transformation solutions that help our clients exceed customers' expectations, outpace competition, and grow their business. With unparalleled strategy, creative, and technology capabilities, we bring big thinking and innovative ideas, along with a practical approach to help the world's largest enterprises and biggest brands succeed. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. For more information, visit www.perficient.com.
Safe Harbor Statement
Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2022. Those statements are subject to known and unknown risks, uncertainties, and other factors that could cause the real results to differ materially from those contemplated by the statements. The forward-looking information is based on management's current intent, belief, expectations, estimates, and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. real events or results may differ substantially. Important factors that could cause our real results to be materially different from the forward-looking statements include (but are not limited to) those disclosed under the heading "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2021.
Oracle NetSuite is an enterprise resource planning (ERP) platform that comes with a robust financial management solution.
Its pricing is customized for each user based on the needs and circumstances of your business.
Oracle NetSuite is ideal for midsize businesses, manufacturers and companies that need advanced features.
This article is for entrepreneurs considering implementing Oracle’s NetSuite ERP platform as their financial management and accounting solution.
As your business grows, you may invest in a greater number of software solutions to keep your operations moving forward. Businesses that reach this point often find it’s easiest to streamline all of their systems ‒ including accounting and financial management ‒ into one convenient enterprise resource planning (ERP) platform like Oracle NetSuite.
Invoicing and bill pay
As part of its robust ERP offering, Oracle NetSuite offers an intuitive cloud financial management solution that allows businesses to track their financial data and automate many essential accounting functions. Like any highly-rated accounting software, it offers reporting, planning, and billing features and easily integrates with other software, including Oracle’s suite of business solutions. It can also be used seamlessly with multiple currencies, so it’s a great option for growing companies with a global customer base.
If your business wants to expedite its accounts receivable and payable, accelerate deal closings, and keep up with financial compliance obligations, while taking advantage of a full suite of powerful business management features, Oracle NetSuite is an ideal accounting solution within an ERP platform.
Oracle NetSuite Summary
$999 per month
Invoicing and payments
No. of clients supported
Because they can perform a wide range of complex business management functions, ERP platforms are typically priced on a custom basis. Factors such as business size, annual revenue and desired features all affect the cost of the software. Oracle NetSuite is no different, and to get an accurate price estimate, you’ll need to contact an Oracle sales representative. The sales rep will walk you through all the available features of the platform, including inventory management, financial management, point of sale, customer relationship management (CRM) and human capital management software
Based on our research, Oracle NetSuite pricing includes a $999 monthly licensing fee, plus a per-user fee that starts at $99 a month. While this base price can be used as an estimate, your costs may vary significantly depending on your specific business needs.
Because of its high price point, Oracle NetSuite is likely not well suited for a smaller business with simple accounting and bookkeeping needs. However, if your business is growing internationally and you anticipate needing an ERP platform to manage everything, this can be an excellent accounting solution that sets you up for financial success as your company grows. Thanks to NetSuite’s integrated ecosystem, you can save time and money that would otherwise be spent managing multiple software solutions from different vendors.
Key takeaway: Oracle NetSuite’s price varies depending on the different software modules required, the size of your business, its annual revenue and the number of orders your company processes.
Oracle NetSuite’s financial management solution offers a wide range of useful accounting features. Here’s more about how NetSuite can help growing businesses:
Finance and Accounting
With Oracle NetSuite, your business can seamlessly combine its core finance and accounting functions with strong compliance management. This ERP’s financial management solution offers real-time access to your financial data to help you drill into important details, resolve delays, and generate compliance statements and disclosures for your stakeholders.
NetSuite provides the following basic accounting functions to streamline and simplify your financial processes:
Whether your business operates on a transaction, subscription, usage-based or hybrid model, Oracle NetSuite can help you manage your billing operations. It fully integrates into the platform’s advanced revenue management and compliance functions.
Businesses with financial reporting obligations can use NetSuite to easily comply with accounting standards, including ASC 605, 606 and IFRS 15. Using the platform’s rule-based event-handling framework, you can easily automate numerous revenue management and reporting functions, such as forecasting, allocation, recognition, reclassification and auditing.
Financial Planning and Reporting
NetSuite’s planning, budgeting and forecasting functions allow your business to plot out its financial future based on real-time analytics. Use your business data to forecast revenue, plot out what-if scenarios and develop accurate budgets. Oracle’s powerful reporting and analytics tools also allow you to gain a more complete picture of your business at any time to make better informed decisions about your finances.
Global Account Management and Consolidation
If your business plans to expand its borders and go global, you need a financial management solution that helps you manage your international transactions and compliance obligations. Oracle NetSuite’s powerful financial engine gives you maximum transparency and visibility into your business across countries and in real time so you can manage your operations at the local and global level.
To make it easier to run an international business, NetSuite offers a variety of language interfaces to overcome language barriers and a multicurrency management system that supports over 190 different forms of currencies and automatically accounts for the current exchange rate for real-time conversion.
Governance, Risk and Compliance
With Oracle NetSuite, your business will always be audit-ready. This ERP platform supports your company’s governance, risk, and compliance (GRC) programs so you can handle increasingly complex regulatory, operational, and compliance challenges as you scale.
The platform can also establish a sustainable risk management and compliance process for your company so you can anticipate major risks before they happen.
Oracle NetSuite offers seamless integration with all its ERP solutions and integrates with many leading business software providers. If you use other vendors to manage your operations, you can use NetSuite’s open APIs to introduce new integrations.
To take advantage of these integrations, businesses can hire a NetSuite dedicated implementation team for an additional fee. The team not only helps set up the ERP platform itself, but also assists with any additional integrations and project management planning.
Want to use Oracle NetSuite as part of a larger ERP solution? Your financial management processes will integrate seamlessly with Oracle’s full suite of products. This is helpful if you’re trying to gain a more holistic view of your business’s financial transactions, budgets and forecasts.
Here are a few additional useful functions you’ll find within Oracle NetSuite.
Stay on top of your warehouse ordering. This solution helps you ensure ideal quantities of each item you sell by automatically analyzing historical sales and logistics data. NetSuite can determine the best reordering time frame for each product and replenish stock to an optimal threshold when it runs low.
NetSuite helps companies with every sales or work order while providing real-time visibility into every step of the production process. This ERP’s end-to-end manufacturing software solution can help you run your entire business and make better-informed decisions.
Supply Chain Management
NetSuite helps you seamlessly manage each point in your supply chain, regardless of where your physical product is manufactured or stored.
Warehouse and Fulfillment
NetSuite helps businesses with inbound logistics, outbound logistics, and inventory management, streamlining your warehousing operations and helping you minimize costs for on-time delivery. The built-in warehouse management solution enables you to manage your distribution operations using customized user-defined strategies and advanced real-time updates and integrations.
With Oracle NetSuite, it’s easy to purchase goods and services for your business quickly and at the best prices. Real-time information helps you better understand your company spend and vendor performance while automation and workflow integrations deliver a more accurate procure-to-pay process.
Human Capital Management
Manage your team and your human resources processes with NetSuite’s HCM solution, SuitePeople. This solution allows you to streamline employee onboarding and information collection for new hires while also giving visibility into your workforce operations.
Did you know? Oracle NetSuite offers several key tools that are critical for financial management, including basic accounting functions, billing, revenue recognition, planning and reporting, GRC, and more.
Oracle NetSuite Pros
For growing international businesses, Oracle NetSuite offers a robust, all-in-one ERP solution that puts your most valuable business data into a single platform. NetSuite’s full product suite allows your organization’s various departments and systems to operate harmoniously and in real time so every person in your company is always up to date.
Key takeaway: Oracle NetSuite provides just about every feature you could want in an ERP, allowing for a seamless single solution for managing all your operations.
Oracle NetSuite Cons
In terms of accounting software, NetSuite may be prohibitively expensive for smaller businesses. Additionally, it may offer far more functionality than your business needs at this point in its growth, and you don’t want to pay for features you’ll never use.
Ultimately, NetSuite is ideal for midsize and large businesses operating a complex operation, as this ERP solution performs best when all of the modules are used in conjunction with one another.
Oracle NetSuite delivers top-notch customer service across its entire ERP platform, including its financial management solution. The company’s educational resources supply users the opportunity to learn about NetSuite’s full range of products and stay updated on any new features or capabilities.
NetSuite offers 24/7, real-time support for industries via phone, email and a built-in chatbot on its website. The automated chat functionality can answer simple FAQs or connect you with a customer service representative.
Key takeaway: Oracle NetSuite’s customer service is on a par with what you would expect from a world-class ERP solution, so you can count on being able to find answers to your questions and concerns.
Mon, 10 Oct 2022 12:01:00 -0500entext/htmlhttps://www.businessnewsdaily.com/oracle-netsuite-review.htmlKillexams : Dubai Investments integrates large-scale digital transformationNo result found, try new keyword!Dubai Investment has begun a series of digital transformation projects to prioritise the needs of its customers and investors. Dubai Investments integrates large-scale digital transformation. digital, ...Sat, 15 Oct 2022 22:05:00 -0500text/htmlhttps://www.constructionweekonline.com/business/dubai-investments-digitalKillexams : Petrofac moves finance, supply chain and human resources to Oracle Fusion Cloud applications
DUBAI, United Arab Emirates—Petrofac, one of the world’s leading energy services providers, has implemented Oracle Fusion Cloud Applications Suite to enhance its operations and support the company’s ongoing expansion. Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Management Planning (EPM), and Oracle Fusion Cloud Human Capital Management (HCM) will help Petrofac integrate core business processes across its global operations, generate real-time insights, and better support its growing workforce. Petrofac has implemented Oracle ERP Cloud for its Asset Solutions business unit with deployment underway for the company’s Engineering and Construction business unit.
With offices in 29 countries, Petrofac’s portfolio spans the design, construction, maintenance and optimisation of oil, gas, petrochemical, new and renewable energy infrastructure. Petrofac needed to automate and streamline its key business processes across all verticals, manage resources more effectively, and better align the business behind its expansion plans.
“In an evolving market environment, we needed more adaptability and resilience while continuing to innovate and serve our customers,” said George Eapen, Group Chief Information Officer, Petrofac. “Oracle Fusion Applications gives us real-time access to critical data, enabling us to increase efficiency, manage and reduce risk, build an adaptable and resilient supply chain, and Strengthen our employee experience.”
With Oracle Fusion Applications, Petrofac can connect operational data across its HR, sales, finance, and procurement functions to Strengthen management insights, accelerate decision-making, and realize a faster time to value. Moving business processes to Oracle Fusion Applications will also help the company eliminate manual processes, enhance supplier communications, boost transparency, and create a single user experience and data model.
“The energy sector is experiencing change at a rapid pace as advancements in technology pave the way for the future of clean energy,” said Leopoldo Boado Lama, senior vice president, Business Applications, ECEMEA, Oracle. “By leveraging Oracle Fusion Applications, Petrofac can gain valuable business insights and accurately forecast revenues to make better decisions, while gaining a competitive advantage with the latest innovations and emerging technologies.”
Over 11,000 organizations turn to Oracle Cloud ERP and Oracle Cloud HCM applications to run their businesses. Oracle Cloud ERP offers a comprehensive set of enterprise finance and operations capabilities, including financials, accounting hub, procurement, project management, enterprise performance management, risk management, subscription management, and supply chain management & manufacturing. Oracle Cloud HCM delivers market leading capabilities for human resources, talent management, workforce management, payroll, and the award winning employee experience platform, Oracle ME. Oracle Fusion Applications’ self-updating platform provides customers with the industry’s most advanced technologies every 90 days, giving organizations the ability to build, innovate, automate, adapt, and leverage new business opportunities on-demand.
The Oracle Fusion Applications implementation with Petrofac is being managed by Oracle Consulting.
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
Trademarks: Oracle, Java and SQL are registered trademarks of Oracle Corporation.
Contact Info Gaurav Bhatnagar Senior Director, Corporate Communications, Middle East & Africa Oracle firstname.lastname@example.org
Mon, 10 Oct 2022 23:10:00 -0500entext/htmlhttps://www.zawya.com/en/press-release/companies-news/petrofac-moves-finance-supply-chain-and-human-resources-to-oracle-fusion-cloud-applications-ezoq0mlfKillexams : VA extends delay of electronic health record launch to June 2023
The Department of Veterans Affairs has suspended the rollout of its new multibillion-dollar electronic health records system until June 2023 to allow more time to overcome recurring problems with the computer program at several hospitals across the country, agency officials announced Thursday, Oct. 13, 2022. (U.S. Air Force)
WASHINGTON – The Department of Veterans Affairs has suspended the rollout of its new multibillion-dollar electronic health records system until June 2023 to allow more time to overcome recurring problems with the computer program at several hospitals across the country, agency officials announced Thursday.
“Right now, the Oracle Cerner electronic health record system is not delivering for veterans or VA health care providers – and we are holding Oracle Cerner and ourselves accountable to get this right,” Deputy Secretary of Veterans Affairs Donald Remy said in a prepared statement. “We are delaying all future deployments of the new EHR while we fully assess performance and address every concern. Veterans and clinicians deserve a seamless, modernized health record system, and we will not rest until they get it.”
The announcement followed the death of a veteran in September at the Chalmers P. Wylie Veterans Outpatient Clinic in Columbus, Ohio, which was reported by The Spokesman-Review, a newspaper in Spokane, Wash.
“Patient safety is VA’s top priority, and we are investigating the patient’s death, which occurred at a community hospital,” according to a VA statement issued Friday. “Currently, this investigation is ongoing and there has not been any determination made on the root cause of this incident.”
There was also another records system outage that affected pharmacy services on Oct. 7 for almost 10 hours, according to Fed Scoop, a federal technology website.
The VA said the outage impacted all Defense Department, Coast Guard and VA sites that now use the new records system from the company Oracle Cerner. The agency said Oracle Cerner engineers are working on fixing the problem, but this outage was not the reason for extending the delay on the records system rollout.
The VA had originally scheduled to launch the new records system in July at the Boise VA Medical Center but moved it to 2023 after the VA inspector general released a report that revealed the system caused harm to 149 VA patients.
So far, the new records system has been launched at five of the VA’s 166 health care facilities. In some cases, additional launches at some facilities have been postponed because of ongoing problems with records system, along with delays caused by the impact of the coronavirus pandemic.
At the Mann-Grandstaff VA Medical Center in Spokane, Wash., where the system was launched first in October 2020, issues included unauthorized and inaccurate medication orders, patients' name and gender errors, issues in scheduling primary care appointments, misdirected links to video medical appointments and lost referrals.
In the meantime, the VA said it will continue to focus on the five facilities where the new records system has been launched. The agency said it also will send letters to veterans who had been impacted by the system’s issues, inquiring whether they had experienced delays in medications, appointments, referrals, or test results. If they have experienced any issues, the VA said the veteran should reach out to the agency and expect someone to follow up with them within five business days to resolve the issue.
“When it comes to delivering the quality health care our nation’s veterans have earned, we have to hit the mark the first time around,” Sen. Jon Tester, D-Mont., chairman of the Senate Committee on Veterans’ Affairs, said in a prepared statement. “That’s why I’ll continue holding VA and Oracle Cerner’s feet to the fire in fixing system-wide issues so existing facilities and any future rollouts guarantee VA health care staff have the tools to provide veterans safe, timely care.”
The VA originally signed a $10 billion contract with Cerner in May 2018 to overhaul the agency's health records system and make it compatible with the Defense Department’s system. However, the cost of the project later increased to about $16 billion.
Last October, Paul Brubaker, acting principal deputy assistant secretary and deputy chief information officer at VA's Office of Information Technology, told House lawmakers that the agency contracted with the nonprofit Institute for Defense Analysis to calculate an estimate of costs of the Cerner electronic health record system. A review issued in July by the institute estimated the implementation of the electronic health record system would cost nearly $39 billion in 13 years. The estimate also included more than $17 billion to sustain the system.
Rep. Mike Bost of Illinois, the top Republican on the House Committee on Veterans’ Affairs, said the new electronic health record should not be rolled out anywhere else until Oracle Cerner fixes its problems.
“When I visited [VA facilities in] Walla Walla [Wash.] in July and Columbus [Ohio] in September, the staff made it clear that this flawed system is making their jobs more difficult and crippling the delivery of care to veterans, and I have heard the same thing from the other sites,” Bost said in a prepared statement. “Unfortunately, these delays are nothing new. VA and Oracle must prove that this time is different, and I won’t allow them to continue throwing good money after bad.”
Mike Sicilia, executive vice president for industries at Oracle, which purchased Cerner in June, told the Senate Committee on Veterans' Affairs in July that he reviewed the system's problems. Oracle took over Cerner's electronic health record contract with the VA, Defense Department and the Coast Guard and established a command center led by Oracle's senior engineers.
Sicilia said at last month’s Senate Appropriations Committee that Oracle hosted a summit with the VA, Defense Department, Federal Electronic Health Record Modernization Office, and Leidos Holdings Inc. to discuss the federal electronic health record system's performance and its problems. Sicilia said the meeting led to plans for the system and that Oracle sent a letter to the VA detailing the plans and a roadmap.
Sicilia also said Oracle is working with the VA to revamp training for employees to learn to use the electronic health records system. He also said he still thinks the company can still launch a safe rollout at the rest of the VA’s facilities in 10 years as it was originally contemplated.
Thu, 13 Oct 2022 09:51:00 -0500entext/htmlhttps://www.stripes.com/veterans/2022-10-13/veterans-affairs-health-records-7682551.htmlKillexams : VA’s electronic health records system hit with pharmacy module outageWritten by Nihal Krishan Oct 7, 2022 | FEDSCOOP
The Department of Veterans Affairs’ electronic health records platform was hit with an outage Thursday that affected pharmacy services, FedScoop understands.
According to government sources, electronic health record pharmacy services were unavailable for outpatients for much of the day. The issue was detected at 8:35 a.m. eastern time and resolved at about 6:19 p.m. eastern time, after Oracle Cerner engineers identified that the downtime was caused by an application package coding issue.
During that downtime, veterans and active-duty service members were unable to fill prescription orders through Medication Manager Retail (MMR), which is a retail pharmacy module that forms part of the EHR system. MMR is designed to provide pharmacists with the information they need to ensure patients receive the correct medication.
In a separate reported IT incident, certain patients were also unable to access Defense Enrollment Eligibility Reporting System, which is a computerized database of military sponsors, families and others around the world who are eligible for U.S. military healthcare benefits. The issues with this system resolved without intervention from technicians, and the VA is undertaking a root cause analysis.
The implementation of the VA’s new EHR system on an Oracle Cerner developed platform to medical centers around the country has been delayed from its original estimates by at least one to two years due to long-identified issues with the program’s reliability and safety that could put veterans in danger.
Oracle Cerner and the VA did not immediately respond to a request for comment.
Fri, 07 Oct 2022 07:47:00 -0500Nihal Krishanentext/htmlhttps://www.fedscoop.com/vas-electronic-health-records-system-hit-with-pharmacy-module-outage/Killexams : Oracle Lays Off 201 Employees In California
The cuts affected workers at Oracle offices in Redwood City, Calif., home to the tech giant’s former headquarters. The jobs that were affected included data scientists, application developers, marketing certified and software developers.
The Austin, Texas company cut 201 jobs in total on Oct. 3 from its Redwood City, Calif. office, according to its Worker Adjustment and Retraining Notification (WARN) filed in California. The job cuts took effect Oct. 3 and was received by the California Employment Development Department Sept. 30, according to the WARN.
In a letter to the state obtained by CRN, Oracle said the layoffs would be permanent and said that its Redwood Shores campus would not be closing as a result of the job cuts. Oracle formerly housed its headquarters in Redwood City, but moved it to Austin at the end of 2020.
Among the jobs cut in this round, according to the Aug. 4 letter to the state from Anje Dodson, senior vice president of human resources at Oracle: data scientists, application developers, marketing certified and software developers.
CRN has reached out to Oracle for comment.
As of this past May, Oracle employed approximately 143,000 full-time employees, of which about 48,000 are based in the U.S. and the rest internationally, according to a regulatory filing.
The company is the No. 1 employer in Redwood City, Calif. with over 6,500 workers there, according to the city.
Thu, 13 Oct 2022 06:05:00 -0500entext/htmlhttps://www.crn.com/news/cloud/oracle-lays-off-201-employees-in-californiaKillexams : SharpCloud Software joins Oracle's PartnerNetwork (OPN) to help companies align their project work to business goals
LONDON, Oct. 10, 2022 /PRNewswire/ -- SharpCloud, a powerful visual tool for strategic business alignment, today announced that it has become an Oracle PartnerNetwork (OPN) member. As a partner member, SharpCloud delivers data-driven visualization and collaboration solutions to ensure project-led enterprise companies can align project work to their long-term business goals. SharpCloud complements Oracle's Enterprise level project management product system (Oracle Primavera Cloud, Oracle Primavera P6 EPPM, Oracle Primavera Unifier, Oracle Aconex, Oracle Textura, Gateway, Primavera Analytics).
SharpCloud is a unique business alignment platform that supports both top-down and bottom-up decision-making discussions, through its ability to dynamically visualize cost and schedule information across multiple views so that users can see the relationships of their work to goals. SharpCloud provides a shared workspace that connects data and people and ensures a greater connection between strategy design and delivery.
Organizations around the world waste roughly $2 trillion a yeardue to the ineffective implementation of business strategy, according toPMI's 2018 Pulse of the Profession® study.
"This PMI study supports our understanding that many organizations continue to have poor alignment between business goals and their in-progress project delivery schedule," said Sarim Khan, CEO, and Co-Founder of SharpCloud. "This is a huge issue for project-led organizations, where so much money and effort are just wasted. We can help Oracle Primavera customers quickly visualize and leverage the relationships and connections between their project data and business goals. This increased visibility allows them to see where they need to focus and the impact of their decisions and provides their leadership with a holistic view of the business."
"As an OPN member, SharpCloud adds the benefit of visualizing business goals that provide a natural strategic extension to the Oracle product suite," said Oracle's Dave Bullard, Senior Director Industry Innovation. "Being able to dynamically see the relationships across the different layers of a business, such as organizational goals and risks, etc., allows customers to analyze the different perspectives they need to consider in order to discuss alignment and make the right decisions."
Sarim says, "We are thrilled to be an OPN member and excited to help organizations draw connections to otherwise siloed areas of their business and better understand how their roadmap connects to the overall business direction and strategy. We want to be their go-to tool when they discuss alignment questions such as: Are we delivering against our organizational goals? Are we doing the right work? Do we know our major risks and are we dealing with them? That visibility alone is worth millions of dollars for large enterprise where projects can be worth tens if not hundreds of millions of dollars."
SharpCloud is visual business alignment software helping companies to visualize key information to inform strategic business decisions. Founded in 2012, SharpCloud has grown to service over 100 companies globally and has over 18,000 users.
Designed for decision-makers, the SharpCloud platform empowers you to view interdependencies, filter out the noise and prepare you with new insights before you take action, helping to visualize your business as a whole and keep activities and strategy aligned. Typical use cases include business road-mapping, innovation and portfolio management, and risk management.
Through smarter, more informed decisions, SharpCloud enables you to increase business agility, solve business challenges and innovate faster across the organization.
Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle's products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.
Mon, 10 Oct 2022 01:47:00 -0500en-UStext/htmlhttps://www.yahoo.com/now/sharpcloud-software-joins-oracles-partnernetwork-134500881.htmlKillexams : Wellsheet Introduces EHR Workflow Relief to Increase Efficiency During Critical Nursing Shortage
KANSAS CITY, Mo., Oct. 17, 2022 (GLOBE NEWSWIRE) -- ORACLE CERNER HEALTH CONFERENCE -Wellsheet Inc., the leading Smart EHR UI provider reducing physician burnout and increasing Electronic Health Record (EHR) efficiency and usability, introduced Virtual Nursing Station, built specifically for nursing workflows to optimize patient care, efficiency and job satisfaction of nursing staff.
"High rates of clinician burnout and worker turnover have resulted in an unsustainable nursing shortage that is impacting patient care and is reflected in the financial losses reported by health systems, which can't cut their way to profitability or higher quality care. They must invest in technology that provides greater efficiency and brings costs down," said Craig Limoli, CEO and founder of Wellsheet.
"Virtual Nursing Station is a cross-functional team collaborative care solution built for nurses, care managers and providers, which increases EHR efficiency and breaks down silos between nurses and providers. VNS enables multidisciplinary care teams to work together within the EHR with immediate access to the latest content on nursing activity and planning, including easy access to each other's notes, recommendations, and real-time notifications to speed care delivery. Faster access to data equates to faster treatment plans and ultimately shorter lengths of stay (LOS)," continues Limoli.
Nursing staff will also have access to an elevated collaboration space where care managers can raise immediate focus to key information on patients and their care plans, which are traditionally buried deep within the EHR. VNS was built in collaboration with healthcare providers and is currently in deployment.
Wellsheet elevates the most relevant data from a Cerner, Epic or athenahealth Electronic Health Record (EHR) based on a clinician's specialty and workflow habits, and prioritizes clinical content and serves it up in a single screen. It assembles the right information in a predictive, intuitive and customizable workflow that allows providers to quickly arrive at the correct clinical insights without compromising the provider-patient interaction. Wellsheet's Smart EHR UI is embedded within the EHR and gives providers, nurses and care managers the ability to understand what needs to be done without compromising the provider-patient interaction, enabling clinicians to make more informed decisions and reduce errors. And Wellsheet's architectural redundancy enables care teams to access patient data and communicate a plan of care even when the EHR goes down due to a cyberattack or other IT outage.
Easy and timely access to notifications are key to the efficiency of the nursing staff, the quality of patient care and the cost savings associated with timely discharge. Examples of real-time notifications that have been embraced include:
Positive/Negative COVID-19 test: Patient is in a negative pressure room where tests sometimes take time. Fast notification allows decisions (move/discharge/etc) to happen sooner which could impact care plans and Length of Stay (LOS).
Lactate >= 4 mg/dL: Requires fast action by provider. Notification via EHR, especially mobile, is faster than critical results workflow. When notified, the provider can evaluate immediately in the context of other data and prioritize seeing the patient.
STAT test result: Clinician orders an urgent test. Notification allows the clinician to act on the result without the delay that would otherwise happen.
Pending test results: Clinician reviews a set of results, but some are still not ready. Notification allows the clinician to make decisions as soon as the picture is complete.
Modern Cloud-Based Architecture with FHIR APIs
Wellsheet uses the Fast Healthcare Interoperability Resources (FHIR) application programming interfaces (APIs), and can pull and prioritize key patient data from multiple data sources with an accelerated implementation and deployment timeline. It can deploy its Smart EHR UI in weeks, with minimal IT support time, and clinician training takes only minutes. Wellsheet especially impacts productivity for clinicians working across various sites of service in the same facility, or across different EHRs between facilities and different health systems.
Pricing and Availability
Virtual Nursing Station will be available this year for both Cerner and Epic customers and is included at no extra cost with the Wellsheet Smart EHR UI. Wellsheet will show VNS at the Oracle Cerner Health Conference (OCHC) in Kansas City, and HLTH in Las Vegas.
To learn more about how you can deploy Wellsheet's Smart EHR UI to reduce clinician burnout and Strengthen your bottom line:
Wellsheet's Smart EHR UI is a predictive clinical workflow platform that works within an existing EHR to surface the most relevant content for clinicians in a view that is contextualized and prioritized for their needs. It is integrated with athenahealth, Cerner and Epic to reduce a physician's time in the EHR, reducing physician burnout, length of stay, and improving the quality of patient care. According to Cerner Lights On Reporting, Wellsheet reduced time in the EHR by 40%. Wellsheet is deployed in enterprise-wide deals, integrated with payers, and is deployed or engaged with 2 of the largest healthcare providers in the country. Learn more at www.wellsheet.com or @Wellsheet_Inc.
Wellsheet and Virtual Nursing Station are trademarks of Wellsheet, Inc.