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Sponsored Content Provided By Oracle
This content was created by and paid for by an advertiser. The Crain's editorial department was not involved in the creation of this content.
May 15, 2020 11:00 AM

The Bottom Line: Cloud Has Become Essential

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    cloud migration image oracle

    There is no question about it: modern technology is a significant transformative force that fosters business growth. Cloud services provide a secure and cost-effective solution to legacy modernization. They offer scalability and the capability to adjust to rapid demands, enabling faster deployments, greater employee productivity, and improved stakeholder collaboration. Additionally, the economic benefits of cloud computing are significant and allow for cost flexibility and cost optimization.

    Many organizations continue to think about innovation as an all-or-nothing proposition, characterized by initiatives that extend multiple years, cost tens of millions of dollars, and introduce an inordinate amount of risk that can outweigh the benefits of the investment. However, modern solutions, especially those that are cloud-based, support an iterative approach to innovation that delivers rapid and visible results, and enables organizations to build on these early wins.




    Download "Shaping the foundation for moving to cloud"



    Faster innovation, better member engagements, better data analytics, lower risk, and reduced costs—these are all huge value drivers of cloud. Faster innovation enables businesses to scale and launch new products in real time. Innovation shortens upgrade cycles and offers faster data processing. And with reduced IT and maintenance costs, health insurance employees have more time to be productive.

    Slowly but surely, businesses are discovering they do not need to put up with the inefficiencies of yesterday’s legacy infrastructure. Innovation is taking a front seat, providing freedom from the burden of on-premise systems. Cloud computing has become the essential foundation of digital transformation.

    Read the ebook, “Shaping the Foundation for Moving to Cloud,” to learn how health insurers can gain speed and spend less by implementing an integrated solution that can adapt quickly to the market. 
     

    Sponsored By:


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    Oracle offers Core Administrative Processing Solutions (CAPS) for healthcare payers. With the Oracle Health Insurance single platform for Commercial, Medicare Advantage, Medicaid, TPA and ASO businesses, healthcare payers can optimize administrative costs, streamline claims processing and improve billing accuracy, on-premise or with secure and compliant Oracle Cloud. Learn more: oracle.com/health-insurance.

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    • News
      • Current News
      • Providers
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      • Safety & Quality
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      • Transformation
        • Patients
        • Operations
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      • ESG
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      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Opinion
      • Bold Moves
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      • Letters
      • Vital Signs Blog
      • From the Editor
    • Events & Awards
      • Awards
        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
        • Excellence in Governance
        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
    • Data Center
      • Data Center Home
      • Hospital Financials
      • Staffing & Compensation
      • Quality & Safety
      • Mergers & Acquisitions
      • Data Archive
      • Resource Guide: By the Numbers
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