To intensify business processes, Mayo Clinic, a nonprofit American academic medical center in Rochester, will use Oracle Fusion Cloud Applications for resource planning, supply chain management, and human resources. “At Mayo Clinic, patients come to us for answers and treatments they can’t get anywhere else. To enable our teams to focus on patients while transforming the way healthcare is delivered, it’s critical to have the right administrative infrastructure to support our business,” said Dennis Dahlen, Mayo Clinic’s chief financial officer.
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CMS earmarks $49M to boost insurance among children, parents & expectant moms
The Centers for Medicare & Medicaid Services (CMS) is allocating $49.4 million to bring down the tally of uninsured kids, parents, and pregnant people. Governments, nonprofits, schools and other organizations can seek up to $1.5 million for three years as part of the agency’s national Connecting Kids to Coverage campaign.”The Biden-Harris Administration is committed to advancing health equity, and encourages organizations that serve children, parents, and pregnant individuals in diverse and underserved communities to apply,” said CMS Administrator Chiquita Brooks-LaSure.
Source: Becker’s Payer
Oscar Health launches enhanced virtual cost assessment tool
Aiming to boost medical cost transparency, American health insurance company Oscar Health is offering an upgraded digital cost evaluation tool to its members. Will the help of real-time data, the tool will enable the members to plan future medical wherewithal. “We believe that individuals deserve control and choice when it comes to their coverage and care and that no one should face financial harm as a result of unknown medical costs,” said Mario Schlosser, cofounder, and CEO of Oscar Health.
Source: Becker’s Hospitalreview