This document provides an overview of newer oral anticoagulants compared to traditional anticoagulants like warfarin. It discusses the mechanisms of action, indications, monitoring, side effects and management of bleeding for direct thrombin inhibitors like dabigatran and direct factor Xa inhibitors like rivaroxaban. It also covers considerations for using each drug depending on factors like kidney function and risk of gastrointestinal bleeding. The newer oral anticoagulants offer advantages over warfarin in terms of predictable dosing without monitoring, but also have some limitations and drug interactions that require careful management.