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 headwinds as ...
It's been eight weeks or so since one of the biggest M&A deals in Big Tech and health IT history was first rumored, and subsequently confirmed. (Or 13 years, depending whom you ask.) Industry sages ...
Oracle's second-quarter revenue fell short of analysts' expectations, dragged down by its Cerner business and slowing cloud growth. The software giant's total revenue for the quarter grew 4%, but ...
Approximately half of Cerner’s Millennium customers, focused on automating hospitals much like Epic, are expected to transition to Oracle Cloud Infrastructure by February, Larry Ellison, chief ...
According to Fitch, after acquiring EHR vendor Cerner in June, Oracle has constrained additional debt issuances and share buybacks and is focusing instead on repaying maturities through fiscal 2024.
After reporting a jump in cloud revenue and record annual sales earlier this week, Oracle is reportedly laying off Cerner employees, casting a shadow on plans for its $28 billion acquisition of the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A onetime senior health official ...
Oracle Corp.’s most high-profile medical records customer, the US Department of Veterans Affairs, says the company’s software is failing at its main job of helping improve patient care, according to ...