Oracle launches cloud-based platform for automated medical claims processing, replacing manual record transmission.

Oracle has launched the Oracle Health Clinical Data Exchange, a cloud-based platform that automates medical claims processing. This system replaces manual record transmission with a secure network, aiming to reduce the 70% of authorizations currently handled by phone or fax. By facilitating efficient data sharing between healthcare providers and payers, it is expected to speed up claims and payment processing while enhancing data governance and cybersecurity.

October 14, 2024
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