Estimates for how much it would cost VA to fully deploy its new electronic health record system have ranged from $16.1 ...
Oracle Corporation (NYSE:ORCL) made a $28 billion bet on Cerner Corporation to revolutionize healthcare. However, the electronic health records system has been linked to patient deaths ...
That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for ...
The potential layoffs come on the heels of Austin, Texas-based Oracle closing its $28 billion acquisition of Cerner to give the company a deeper presence in the healthcare technology space.
The VA originally signed a $10 billion contract with Cerner in May 2018 to implement the new system. After Oracle acquired Cerner in 2022, the contract was revised to more than $16 billion. The EHR ...
Bloomberg on MSN9mon
Oracle’s Cerner Unit Customer Losses to Epic Accelerated in 2023(Bloomberg) -- Oracle Corp.’s digital health records business continued to lose market share in the US in 2023, underscoring ...
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