Oracle Health announced plans to introduce AI-powered applications designed to automate administrative processes between healthcare providers and insurance payers. The company made the announcement at the Oracle Health and Life Sciences Summit in Orlando.

The planned suite includes specialized AI agents targeting prior authorization, eligibility verification, medical coding, and claims processing. Oracle estimates healthcare administrative costs related to billing and insurance at approximately $200 billion annually.

"Oracle Health is working to solve long standing problems in healthcare with AI-powered solutions that simplify transactions between payers and providers," said Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences.

The company outlined several planned applications. The Prior Authorization Agent would discover authorization requirements, retrieve documentation needs, and submit requests digitally. The Eligibility Verification Agent would determine coverage information and provide price transparency. The Coding Agent would generate medical codes for clinical settings, while Claims processing agents would support charge capture and compliant claim submissions.

Oracle Health also plans to deliver care and risk coding capabilities that integrate payer insights into provider workflows. The system would allow payers to connect with providers using Oracle Health Data Intelligence regardless of their electronic health record system.

The planned products are intended to integrate with Oracle Health Clinical Data Exchange, designed to replace manual medical record transmission with a centralized network. Oracle (NYSE: ORCL) noted the applications may help reduce third-party data exchange fees through direct connectivity between payers and providers.

The company included disclaimers stating the announcement outlines general product direction and is not a commitment to deliver specific functionality. Development, release timing and pricing remain at Oracle's discretion.