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Oracle closed its $28.3 billion acquisition of EHR vendor Cerner in the summer last year, expanding its presence in the healthcare sector. Management has warned that Cerner will face some ...
Oracle Health includes health IT giant Cerner, which it acquired last year for about $28 billion. Cerner is Larry Ellison's primary focus as he bets on it to prove Oracle's cloud to the world.
(Bloomberg) -- Oracle Corp. has cut jobs at its Cerner digital health-records unit, particularly in marketing, as the software giant works to integrate last year’s $28.3 billion acquisition.
Oracle acquired Cerner for $28.3 billion in 2022 in the software firm’s largest acquisition ever. With the deal, Oracle also inherited the electronic health records vendor’s beleaguered ...
The market overreaction was due in part to the speed of transition at Cerner, a market-leading healthcare IT company that Oracle acquired last year and is currently in the middle of transitioning ...
Oracle shares fell 13% Tuesday as the software giant's near-term revenue forecast was weaker than Wall Street analysts expected. The company, which acquired health IT company Cerner a year ago ...
After Oracle acquired Cerner for $28.4 billion in June 2022, the company lost at least a dozen of the EHR vendor’s large clients, Bloomberg reported May 9. Bloomberg conducted interviews with ...
Oracle CEO Safra Catz called the Cerner business a “significant headwind” and said the company was working to bring the electronic health record’s profitability up to Oracle standards.
Oracle Cerner, the nation's second-largest EHR vendor by hospital market share, continues to make big moves. Here are seven reported by Becker's in the last 30 days. 1. Oracle unveiled new ...
(Image credit: Getty Images) The Department of Veterans Affairs has struck an agreement with Oracle Cerner following talks to renew a contract for the electronic health record modernization program.