Transforming the future of the healthcare- FPA Rome 2019 · Transforming the future of the...
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Transforming the future of the healthcare by reducing costs and positively impacting outcomes Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Nikolaos Chatziilias Public Sector & Healthcare Industry Director EMEA Data Innovation & Analytics
Transcript of Transforming the future of the healthcare- FPA Rome 2019 · Transforming the future of the...
Transformingthefutureofthehealthcarebyreducingcostsandpositivelyimpactingoutcomes
Copyright©2019,Oracleand/oritsaffiliates.Allrightsreserved.
NikolaosChatziiliasPublicSector&HealthcareIndustryDirectorEMEADataInnovation&Analytics
HealthcareIsChanging
ViewofHealth
KeyIndustryDisruptions
CostofCare
Consumerism
$24TrillionGlobalhealthcarespendisexpectedtomorethandoublefrom$9to$24trillionby2040.
ViewofHealth• Holisticviewofcaretoincludealldeterminantsthatimpacthealth
• Reformsthatemphasizeprimarycare&prevention/populationhealth
• Increasedemphasisonelder/chroniccare
HealthcareOutlook2025
CostofCare• Shiftfromacute“sickcare”towardstruepreventionandwellnesscare
• Emphasisoncarecoordination,tighterquality-costintegration
• Continuedshiftawayfromfee-for-servicetowardsvalue-basedcare
Consumerism• Growthofthevirtualhospital
• Increasedlocationsofcare(urgentcare,wellnessclinics,transfusioncenters)offeringmorecomplexservices
• Personalizedguidanceandlong-terminteractionstrategies
numberofseniorsage65+expectedtodoubleandexceed10%globallyby2025.
2x ofGDPamongEU28 isinvestedonhealthservices.9,4% ofpatienttransactionsarenow
online,virtualorviaanapp.52%
NewTechnologiesAreEmergingAutonomousCapabilityAutomatedpatching,upgrades,andtuning,whilethesystemisrunning,withouthumanintervention.
InternetofHealthThings(IoHT)Fromremotepatientmonitoringtomedicationadherence,mostbelievewearejustscratchingthesurfaceofinnovation.
BlockchainBlockchain hasbroadimplications,includingtheabilitytosimplifyandimprovesecurityandaccuracyforcumbersome,inefficientprocesses.
AI&MachineLearningWiththeabilitytorecognizepatternsinlargevolumesofdata,opportunitiesexistforcostreductionandimprovedoutcomes.
80%ofhealthcareorganizationsview
MLasanopportunityforinnovation.
Whatarethetypesofquestionsdataanalyticscouldhelpanswer§ Howcanweidentifypatientswithahigh-riskprofileforcertaindiseasesbeforetheypresentwith
symptoms?
§ Howcanwebetterpreventchronicconditions?
§ Whatarethebestcarepathwaystomanagepatients?
§ Howcanwebetteridentifypatientsappropriatelyforclinicaltrials?
§ Whatisthebestwaytomodeltherelativeimpactsofdifferenthealthcareinterventions?
§ Howcanwereducecostsandwastage?
§ Whatiscausinghighreadmissionsinspecificgroups?
§ Whichtreatmentprotocolsproducebetterorworseresultsindifferentpatientsegments?
§ Whypatientsatisfactionratingsarelowincertaingroupsorunitsorregions?
§ Howcanwereducewaitinglists?
$717Mofsavingsinfirst2years,resultinginmorecosteffectivetreatmentsandbetterpatientoutcomes.
-7%Reducedantibioticprescription
1MillionPatients,every
36hours CUSTOMERPERSPECTIVETheNHSsitsonbillionsofdatapointsthathavethepotentialtodelivertremendousvaluetothewiderhealthcaresystemwhencombinedandanalyzedeffectively.NinaMonckton,NHSBusinessServicesAuthority
Identifyinginefficiencies
Copyright©2017, Oracleand/oritsaffiliates.Allrightsreserved. |
CUSTOMERPERSPECTIVEOuranalyticsreducedpatientwaittimes,increasingpatientsatisfaction,whilealsostandardizingantibioticprescriptionsbasedondiagnosisanalysistoimprovequalityofcare.
Reducingwaitinglists
360° PatientViewViewacrosssystemstoanalyzedemographics,chronicconditions,procedures,visits&cost
14Hospitals
158kPatientDischarges
Copyright©2017, Oracleand/oritsaffiliates.Allrightsreserved. |
Findtherightclinicalpathway
WeekstoMinutesReducedtheamountoftimespentassembling
dataforanalysisfromweekstominutes
28,167Hospitaladmissions
1.4MOutpatientclinicvisits,treatmentsandprocedures
CUSTOMERPERSPECTIVEFundingforHealthcareisgoingtodecrease.Wearegoingtomoveintoafuturewherehighcostproviderswillnotsurvive.
Copyright©2017, Oracleand/oritsaffiliates.Allrightsreserved. |
CUSTOMERPERSPECTIVEConsolidatedfinancial,payroll,supplychain,patientaccountingandclinicalinformationfrommultiplesources.Combinedwithstructuredanalyticaltoolsandprocesses,changedraw,disparatedataintoactionableinformation.
Gaincostinsight
CostInsightTodrivedecisionmaking andunderstandthetruecostsofepisodesofcareforapopulation
4BillionPatientRecords
50Hospitals
829Clinics
TheOracleCloudforHealthcare
PatientExperience
Analytics
SupplyChain
HCM ERP
EPM
Blockchain
BigData
IoT
Omics/PrecisionMedicine
PHISecurity
AI/MachineLearning
mHealth
Research
Tomorrow’sHealthcare,Today
InsighttoImproveOutcomes
EnableInnovation
TransformtoDriveValue
Complete,Compliant,Secure
OracleinHealthcare
Payers IDNs&Hospitals
AcademicMedicalCenters
SpecialtyCare
R&DInvestmentAnnually
$6+BN
PartnersInTheOracleEcosystem
25,000
40K+DevelopersAcrossTheGlobe
Patents17K+
CustomersGloballyInHealthcare
6,400+
CustomerSuccessManagers
2,000+
