The picture right shows the terminology that is now used by Oracle.
This makes a Patch in the traditional EPM sense equal to a Patch Set Update (PSU), and a Release (e.g. 220.127.116.11) being a combination of Product Version and Patch Set.
As you may be aware, Oracle have created a KB article 1400559.1 that covers the recommended patches for EPM.
The KB article (and the lifetime support doc) include a statement that for Hyperion Products to be on Premier Support they must be patched to either:
It is not clear if Oracle Support are actually enforcing the above, but it appears to give them the option to 'stop the clock' on a support SR until the environments are upgraded/patched to a supported level!
The Articles in this section represent the current known state for each release, with direct search links based on a regular Win2008R2 based install. These searches use the following simplified search page that accepts short codes for products (e.g. epmbi) : Simple Patch Search page here