“The announcement this past month that Oracle would acquire Cerner in an all-cash deal for $28.3 billion was colossal. The planned purchase of the electronic health record giant is the biggest yet for the famously acquisitive Oracle, and one of the biggest ever deals in the health IT space.”
“In announcing the deal, Larry Ellison, Oracle’s cofounder, chairman and CTO, said it would ‘provide our overworked medical professionals with a new generation of easier-to-use digital tools that enable access to information via a hands-free voice interface to secure cloud applications.'”
“The company pledged ‘zero unplanned downtime in the medical environment,’ for Cerner customers, and Mike Sicilia, Oracle’s executive VP of vertical industries said its ‘Autonomous Database, low-code development tools, and Voice Digital Assistant user interface [will enable] us to rapidly modernize Cerner’s systems and move them to our Gen2 Cloud.'”
“Cerner CEO Dr. David Feinberg, meanwhile, said joining with Oracle would offer ‘an unprecedented opportunity to accelerate our work modernizing electronic health records, improving the caregiver experience and enabling more connected, high-quality and efficient patient care.'”
“So what do health system CIOs and industry analysts have to say about this big deal – and its big promises for IT professionals, clinicians and patients? We asked some of them…” Read the full article here.
Source: Can Oracle make Cerner’s EHR sing? CIOs and analysts chime in – By Bill Siwicki, January 21, 2022. Healthcare IT News.
Cerner was named to the list of NXT UP firms poised to make big waves in the Federal sector in 2020 and for years to come.
