Navigation Links
The Ottawa Hospital Transforms Procurement and Spend Management with the Oracle(R) E-Business Suite
Date:5/27/2009

Leading Canadian Health Center Enables End-to-End Integration for More than $60 Million in Purchases Annually, Allowing It to Cut Administrative Costs, Accelerate Purchasing, Optimize Vendor Spend and Reduce Paper Use

REDWOOD SHORES, Calif., May 27 /PRNewswire-FirstCall/ --

News Facts

  • The Ottawa Hospital, a leading academic health center in Ontario, Canada, has implemented the Oracle(R) E-Business Suite applications, including Oracle Purchasing, Oracle iSupplier Portal, Oracle iProcurement, Oracle Order Management, Oracle Inventory Management, Oracle Mobile Supply Chain Applications, Oracle Business Intelligence and Oracle Financial Management, to help automate its supply chain.
  • The Oracle E-Business Suite is helping the hospital accelerate procurement; reduce costs through improved terms, optimize vendor relationships and administrative efficiency; and reduce paper use.
  • The hospital worked with GHX, which provides services and solutions to automate the healthcare supply chain and improve business processes, to integrate GHX's technology platform with the Oracle E-Business Suite, enabling end-to-end integration between the hospital's procurement systems and those of its largest suppliers.
  • To date, the hospital has linked 52+ of its largest medical and surgical supply vendors, representing annual spend of more than $60 million and 80 percent of the hospital's medical and surgical supply budget, to its e-commerce system built on the Oracle E-Business Suite.
  • The hospital projects that the system will help save more than $1 million annually once it is fully implemented.
  • The Ottawa Hospital launched its automated supply chain as part of an Ontario Ministry of Finance (Ontario Buys) initiative designed to introduce e-commerce technology to the healthcare supply chain to ensure high levels of care and efficiency.
  • The hospital's e-commerce supply chain initiative uses electronic data interchange (EDI) through GHX to enable integrated processing of orders placed with virtually all vendors, eliminating the need for staff members to phone in or input daily orders and create paper-based purchase orders (POs) and invoices.
  • The new system accelerates the hospital's requisition and purchasing process through automated transactions, which eliminates the need to manually enter orders each morning for the 52+ vendors on the platform. This initiative saves the procurement department time and frees the team members to focus on more value added activities including procurement exception cases and contract management services.
  • End users also gain increased visibility into their purchase requests. With the Oracle E-Business Suite self-service applications, managers can check the status of a purchase request from their desktops, eliminating the need to contact the purchasing or logistics department for status updates.
  • The Ottawa Hospital recently automated delivery of supplies to surgical suites by integrating the Oracle E-Business Suite with the hospital's operating room clinical systems and its carousel picking system.
  • To further extend visibility into its complex supply chain, The Ottawa Hospital has deployed Oracle Business Intelligence -- enabling spend and vendor performance analysis to optimize the hospital's supplier relationships and enterprise cost structure.
  • The hospital also plans to build a centralized warehouse, supported by Oracle Warehouse Management that will consolidate inventories across The Ottawa Hospital's six sites into a single facility and facilitate swift replenishment of the hospital's more than 1,000 supply carts.

Supporting Quote

  • "The Oracle E-Business Suite is fundamental to our ability to enable end-to-end integration with our largest medical and surgical supply vendors, helping to reduce costs and drive new efficiencies across our organization. Oracle Applications will also play an important role in our newest supply chain initiative - our consolidated warehouse. Through our e-commerce initiatives at The Ottawa Hospital, we are pioneering leading practices in supply chain automation that we hope will serve as a model for other healthcare organizations across the country as we pursue our shared goals of enabling high levels of care as well as improved operational efficiency," said Cameron Love, Vice president, Planning, Support Services and Clinical Programs, The Ottawa Hospital.

Supporting Resources

About Oracle

Oracle (Nasdaq: ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)


'/>"/>
SOURCE Oracle Corporation
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. University of Ottawa Heart Institute is North Americas First Clinical Site for Ultra-sophisticated X-Ray
2. Ottawa Regional Hospital and Healthcare Center Selects Allscripts to Automate and Connect Its Physician Offices, Emergency Department and Home Care Providers
3. Ottawa Regional Hospital & Healthcare Center Moves to a Single Solution for Bedside Patient Safety with IntelliDOT
4. University of Ottawa Heart Institute Scientists Unlock Mechanism That Turns on Weight-Loss Gene
5. University of Ottawa Heart Institute Scientists Successfully Develop Novel Biomaterial to Help Grow New Blood Vessels
6. University of Ottawa Heart Institute Trial Finds Popular Blood Clotting Drug Does Not Improve Patient Outcomes and Increases Risk of Bleeding
7. HearAtLast Spokesperson Walter Gretzky and President Robert Oswald to be Featured on Three TV Segments in Conjunction with Ottawa Store Opening
8. 2007 Ottawa & Eastern Ontario Physique Championship to be Sponsored by Natural Nutrition
9. Accident Fund Will Make Board of Water & Lights Ottawa Street Station Power Plant in Lansing Its New National Headquarters
10. Medical Marketing DVD Helps Doctors and Hospitals Win Patients Despite The Recession
11. Optimum Lightpath(SM) and GetWellNetwork(R) Transform Hospital Bedside Care with Launch of Interactive Patient Care Service
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/31/2016)... ... May 31, 2016 , ... CallTrackingMetrics's software gives ... monitor the performance of sales and support staff, and to efficiently route calls ... allows customers to record, transcribe, route, document, and report on everything going on ...
(Date:5/31/2016)... ... ... The Global Wellness Summit (GWS), an annual conference for international leaders ... spa and beauty in Europe. The organization asked its partner experts in Europe - ... - to forecast where wellness is headed in Europe. Predictions range from European nations ...
(Date:5/31/2016)... ... 2016 , ... Interest is on the rise for using the CRISPR-Cas9 system ... for RNAi hit validation. A key reason may be that high-throughput synthesis—combined with a ... RNA (crRNA) collections in arrayed formats. , Arrayed crRNA screens have ...
(Date:5/31/2016)... ... ... Dr. Charles A. Ditta attained his Doctor of Medical Dentistry Degree from ... where he graduated in the top ten percentile of his class. Dr. Ditta has ... has been a member in good standing for thirty years in the American Dental ...
(Date:5/30/2016)... (PRWEB) , ... May 30, 2016 , ... As the ... for their children and their efforts to keep their households lice free. , ... Hawaii are enacting new policies that keep kids in the classroom despite the fact ...
Breaking Medicine News(10 mins):
(Date:5/31/2016)... May 31, 2016  Diplomat Pharmacy, Inc. (NYSE: ... that Phil Hagerman , Chairman & CEO, and ... Blair 36 th Annual Growth Stock Conference in ... Mr. Whelan are scheduled to present at the conference on ... live audio-only webcast of the presentation and related presentation materials ...
(Date:5/31/2016)... , May 31, 2016 ... and Annotate Content From Elsevier,s ScienceDirect Database ... scientific, technical and medical information products and services, ... Berlin -based scientific collaboration platform PaperHive to enable ... over 12 million articles on ScienceDirect , ...
(Date:5/31/2016)... PUNE, India , May 31, 2016 ... 2016" market research report with comparative analysis of Asthma ... mechanism of action (MoA), route of administration (RoA) and ... and press releases. It also reviews key players involved ... on late-stage and discontinued projects. Complete report ...
Breaking Medicine Technology: