Oracle and its Sun Labs unit are launching the Oracle Health Sciences Institute to participate in research on IT systems and advanced health care.
Oracle and its Sun Microsystems Laboratories unit have
announced the formation of the Oracle Health Sciences Institute to research IT
systems that aid health care and advance personalized medicine.
"IT innovation is essential to accelerating the
discovery, development and delivery of next-generation treatments, therapies
and health care service innovations," Neil de Crescenzo, senior vice
president and general manager of Oracle Health Sciences, said in a statement.
"Oracle created the Oracle Health Sciences Institute, in partnership with
Sun Labs, to advance this objective."
OHSI will research predictive algorithm applications to
enhance patient safety and improve the ability of physicians to make effective
medical decisions at the point of care, according to Oracle.
Other areas where the OHSI will focus include artificial
intelligence, semantic technology, genetic research and data mining.
"By combining Oracle and Sun Labs' scientific talent
and resources with collaborators worldwide, OHSI is uniquely positioned to help
design IT innovations that will aid in improving patient care around the
world," de Crescenzo wrote.
Oracle purchased Sun Microsystems on Jan. 27, and
Sun's
former CEO, Jonathan Schwartz, has since formed a health care IT venture of
his own, called Picture of Health.
Sun Labs remains active under Oracle's ownership with
projects such as expanding the Java platform and developing large-scale
storage.
Oracle's introduction of the OHSI comes a week after a
number of health-care related announcements at the
Oracle
OpenWorld conference, the company's greenest event to date.
On Sept. 21, Oracle announced the creation of its Health
Management Platform to allow health care providers and payers to build
applications to manage their operations. The platform lets businesses manage
patient flow, referrals, enrollment, medications and electronic medical
records.
"Oracle Health Management Platform combines Oracle's
technology and services offerings to reduce costs while advancing provider and
payer efforts to implement accountable care infrastructures and improve patient
interactions, collaboration and outcomes," Marc Perlman, global vice
president for health care and life sciences for Oracle Healthcare, said in a
statement.
As a component of its Health Management Platform, on
Sept. 21 Oracle also launched a security offering called
Oracle
Security Governor for Healthcare to enable health care organizations to
perform auditing and detect fraud.
At Oracle OpenWorld the company also rolled out its Agile
Product Lifecycle Management 9.3.1 application, which pharmaceutical companies
can use to for their entire drug-management process. According to Oracle, the
software's analytics engine allows companies to reduce costs at each
development phase.