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Oracle Gains on Efforts to Lure New Talent

Oracle (NYSE:ORCL) is introducing a new talent acquisition feature to Oracle Fusion Cloud Recruiting, part of Oracle Fusion Cloud Human Capital Management (HCM), to help healthcare organizations find the right talent to fill mission critical roles and deliver higher quality care. Oracle Healthcare Talent Network will enable hiring managers to gain access to more qualified candidates, streamline talent sourcing, and quickly find skilled contingent workers by bringing together leading healthcare talent partners in Oracle Cloud HCM.

The healthcare industry is facing an ongoing talent shortage, with the U.S. Bureau of Labor Statistics forecasting that nearly two million healthcare workers will be needed each year to keep up with demand. To help address this challenge, Oracle Healthcare Talent Network enables customers to manage fluctuating staffing demands, streamline the sourcing experience, and better support their contingent workforce to deliver high-quality patient care. With Oracle Healthcare Talent Network customers can:

Gain access to more qualified candidates: Customers can leverage Oracle's third-party talent partners, or their own agency partners, to quickly find talent that meets the skills, certifications, availability, and cost needs of the organization;

Streamline the sourcing experience: Customers can reduce time spent sourcing candidates and increase flexibility to meet staffing needs by automatically posting requisitions across multiple talent partners, based on their long-term or short-term staffing needs.

ORCL shares gained 24 cents Monday to $173.76.