Oracle Helps Healthcare Organizations Optimize Workforce Management
New Oracle Cloud HCM capabilities enable HR and operational leaders to better manage complex scheduling needs, empower staff, improve retention, and prioritize patient care
LAS VEGAS, Sept. 18, 2023 /PRNewswire/ -- Oracle Health Conference -- Oracle has introduced new workforce management capabilities within Oracle Fusion Cloud Human Capital Management (HCM) to help healthcare organizations adapt to changing labor markets, meet volatile customer demand, and better attract and retain workers. The new capabilities, Oracle Workforce Scheduling and Oracle Workforce Labor Optimization, connect business and electronic health record (EHR) data on a single cloud platform to help healthcare organizations navigate advanced scheduling and labor needs.
Healthcare organizations are facing continuous staffing and workplace flexibility challenges that can have profound impacts on patient care. With unpredictable demand, skyrocketing administrative expenses, shifting cost structures, growing skills gaps, and a variety of new obstacles over recent years, many healthcare organizations are struggling to meet complex staffing needs and reduce costs while keeping their hard-working teams supported and focused on delivering high-quality patient care.
"Frontline workers and healthcare organizations deserve intuitive tools that can respond to volatile patient demands while also prioritizing flexibility, addressing burnout, and saving time and resources that would be best spent on improving patient care," said Chris Leone, executive vice president, applications development, Oracle. "With Oracle Cloud HCM, healthcare organizations can meet employees where they are, with a complete HR and employee experience solution that better supports their needs with increased autonomy and flexibility."
Part of Oracle Cloud HCM, Oracle Workforce Scheduling and Oracle Workforce Labor Optimization enable healthcare organizations to access the critical business insights needed to meet variable patient demand, deploy the right people at the right time, and drive an engaged and motivated workforce. Oracle Workforce Scheduling and Oracle Workforce Labor Optimization include:
"Over the past several years it has been incredibly difficult to retain workers due to the high demands of the healthcare industry. Our employees want the flexibility to create their own schedules that fit their lifestyle, but they also want predictability and stability – it's a delicate balance to achieve, but one that can make or break our success," said Eric Atkinson, chief financial officer, Oklahoma State University Medical Center. "With Oracle Workforce Scheduling and Oracle Workforce Labor Optimization, we expect our teams will have the freedom and flexibility to meet both employee and patient needs, allowing our organization to stay focused on improving patient care."
Oracle Workforce Scheduling and Oracle Workforce Labor Optimization are designed to meet the unique demands of the healthcare industry and can also be leveraged for other industries, such as retail and manufacturing.
Built for the cloud, Oracle Cloud HCM is a complete solution connecting every human resource process from hire to retire across the enterprise with a native employee experience platform. By connecting all employee data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. Built-in AI acts as an advisor to help analyze workforce data and surface recommendations to help improve business operations.
To learn more about Oracle Cloud HCM, please visit: oracle.com/human-capital-management
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