About the Customer
UW Health is the integrated health system of the University of Wisconsin-Madison serving more than 600,000 patients each year in the Upper Midwest and beyond with 1,500 physicians and 16,500 staff at seven hospitals and more than 80 outpatient sites. UW Health is governed by the UW Hospitals and Clinics Authority and partners with the UW School of Medicine and Public Health to fulfill their patient care, research, education, and community service missions.
Scope and Challenges
It is more difficult than ever for healthcare organizations to deliver optimum patient care due to increasing competition, costs, and regulatory complexity. To address these challenges, healthcare companies are turning to the cloud to increase agility, reduce costs, and improve overall business efficiency. In fact, IDC research forecasts that healthcare providers will account for 48 percent of total spending on industry cloud in 2018—more than double the investment of any other sector.
To meet growing demand for its nationally recognized regional health system, UW Health needed to replace its 20-year old legacy systems with one unified cloud-based ERP platform for financials, supply chain management and human resources to support its current and future needs.
Outcome and Implications
UW Health, the integrated health system of the University of Wisconsin-Madison, has selected Oracle Cloud for its enterprise resource planning (ERP) system, which includes Financials, Supply Chain and Human Capital Management. With Oracle Cloud Applications, UW Health can increase business agility, optimize the delivery of healthcare services and improve patient outcomes.
UW Health serves more than 600,000 patients annually, to meet growing demand for its nationally recognized regional health system, UW Health needed to replace its 20-year old legacy systems with one unified cloud-based ERP platform for financials, supply chain management, and human resources to support its current and future needs.
“Technology and regulations have accelerated the rate of change in the healthcare industry and our legacy business systems were struggling to keep up. To ensure we could continue to deliver the best quality services as we grow, we needed agile systems that can quickly turn data into insight. Going forward, we will manage all of our HR, supply chain, and financial data on a single integrated platform.” -said Elizabeth Bolt, Senior Vice President and Chief Operating Officer at UW Health.
“Healthcare organizations operate in a dynamic, highly-competitive environment with constantly changing regulations, best practices, and technologies. We’re helping healthcare organizations thrive amidst increasing complexity by leveraging emerging technologies, which are part of the fabric of our applications. Oracle Cloud Applications allow our customers to quickly respond to changing market conditions and patient needs to deliver the highest quality care.” -said Steve Miranda, Executive Vice President, Applications Product Development at Oracle
|Vendor||Old Product||New Product||Function||Market||Users||VAR/SI||When||Live|
|Oracle||Legacy Applications||Oracle EPM Cloud||Enterprise Performance Management||EPM||n/a||n/a||2018||2019|
|Subscribe||Subscribe||Subscribe||Enterprise Resource Planning||ERP Financial Management||Subscribe||Subscribe||2018||2019|
|Subscribe||Subscribe||Subscribe||Human Capital Management||HCM||Subscribe||Subscribe||2018||2019|
|Subscribe||Subscribe||Subscribe||Supply Chain Management||SCM||Subscribe||Subscribe||2018||2019|
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|Subscribe||Subscribe||Chief Human Resources Officer||Subscribe||Subscribe|