SOURCE: Oracle Corporation

Oracle Corporation

October 30, 2012 08:00 ET

Oracle Establishes Leadership Position With Its Integrated Healthcare Reform Solution

Flexible Enterprise Solution Helps State Governments Meet the Requirements and Federally Prescribed Timeframes for Healthcare Insurance Exchanges

REDWOOD SHORES, CA--(Marketwire - Oct 30, 2012) - Oracle (NASDAQ: ORCL)

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  • "Oregon is 90 percent finished with Federal Health Insurance Exchange requirements. We have gone through an enormous transformative effort led by our executive team that really understood where we needed to go, retooling our organization to act more like a consulting group rather than a typical government organization. We worked very closely with Oracle to build our enterprise architecture and solution: it was the catalyst for change. Oregon is at a place where we can take what we have developed and make that available for any state to pick up and use; we have already started discussions with Vermont to make that happen," said Carolyn Lawson, chief information officer, Oregon Health Authority and Oregon Department of Human Services.
  • "In Vermont, we are looking at leveraging an existing investment in Oracle technology to build our Health Insurance Exchange platform. We also plan to take advantage and reuse the accelerators coming out of Oregon to expedite our time to market. We anticipate this approach will help us reduce costs and enable us to implement our HIX in time to meet the prescribed Federal timelines," said Angela S. Rouelle, chief information officer, Agency of Human Services, State of Vermont.
  • "We are witnessing an important change in buying behavior at the state level, and intra- and inter-state collaboration is helping states realize the vision of a new service delivery model. In many instances, states are recognizing that an integrated, platform-based approach creates an opportunity to address multiple program areas with the same solution architecture and infrastructure. We believe that this re-use creates not only substantial economies of scale and cost savings, but also enhances service delivery to the neediest citizens and establishes a long term, modern and sustainable vision for IT. States no longer need custom, siloed solutions that eventually require a rip and replace at great cost," said Mark Johnson, senior vice president, Oracle Public Sector.

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