Oxycodone can be a potent prescription opioid, which is prescribed to alleviate moderate to extreme discomfort.The most common reason for it is following accidents, surgeries or to treat chronic pain in cases where other pain relief medications do not work. Oxycodone is available in immediate release as well as extended-release versions, and is occasionally, it is combined with other pain relief medications such as Percocet or acetaminophen. Oxycodone may be effective in alleviating pain when it is used properly however, it needs to be used with care because of its power and risk-reward characteristics.