Oracle held an information session at the Sommet Center in Nashville, TN on November 16, 2009.  Xena Ugrinsky lead off the session with the Speed to Value proposition that TITAN Technology Partners, an Oracle partner and host for the Nashville event, is currently promoting.  TITAN Technology Partners builds, hosts, implements, and trains on the Oracle platform.

It has been a while since I received a good update on Oracle. This session went five hours and we only covered Hyperion and Sun (pending acquisition by Oracle).  It is amazing to think about the acquisitions over the past five years and where Larry  is taking the company.

Xena had a great graphic that showed Data Integration > Data Archive > Data Access/Reporting which summed up the Oracle solution on Analytics.  

Phil Potenza, showed the business analyst proposition through an impressive display of graphs and other dashboard tools designed to give every manager a clear view of today and predicative analysis on tomorrow.  Oracle’s application strategy is clearly embedded within their 1,500 + current patents and 1,500 provisional patents.

“70% of CFO’s today can’t forecast more than one quarter out.”  Wow!  This is scary and also points to the tremendous opportunity for analytics.

The afternoon was highlighted by Lisa Mullaney, Director of Financial Planning & Analysis, Chiquita Brands International.  She discussed the recent planning and implementation of Hyperion.

John Vakos finished up the session with a quick overview of Sun.  Their new Xdata strategy seems to be an impressive speed to value proposition.

TITAN Technology Partners and Oracle raffled off tickets to see Bruce Springsteen live that evening at the Sommet Center.

Part II – Is Quality or Cost More Important?

In Part I we discussed the amount of money being spent on healthcare.  Today, we will talk more directly to the opportunity of healthcare and technology.

We have the best healthcare system in the world.  Well not really, according to the 2009 WHO World Health Statistics.  It is good, but we are not the best.  However, we do spend the most per capita.  So are we really getting good value for our money?

A local firm, Data Advantage has created the Hospital Value Index to help consumers understand which hospitals provide the best quality at the best price.  It is surprising to see who is number 1 in Nashville.

Don’t care about costs?  I  just want the best hospital when I need care.  This is a prevailing theme when we need care.  Well the government is here to help us once again.  Visit Hospital Compare to get a detailed view of outcomes in US Hospitals.

How about if we just cut the administrative cost of paying for all the procedures across the United States?  Did you know there are approximately 13 billion transactions a year in America?  Across town, Emdeon’s US Healthcare Index projects a 20% increase in electronic transactions would save approximately $34 Billion.  That would be a good start.

Get engaged with the conversation.

Register today for the Naked Hospital.