Inovalon has significantly expanded its collaboration with Oracle, standardizing its ScriptMed® specialty and infusion pharmacy management software. This integration places ScriptMed® on the Oracle Autonomous AI Database, leveraging Oracle Cloud Infrastructure (OCI) for enhanced performance. Oracle has recognized Inovalon as a Global Leaders Champion for its innovative deployment of the Autonomous AI Database to scale ScriptMed®. This strategic move aims to equip pharmacies with a robust, flexible, and highly scalable technology solution. The partnership is designed to manage the increasing volumes of complex therapies and rapidly growing operational demands within the healthcare sector. This development is viewed as bullish for both Inovalon (INOV) and Oracle (ORCL), strengthening their positions in healthcare IT.
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