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Sheffield Teaching Hospitals NHS Foundation Trust has delayed the go live for its Cerner Millennium EPR to deal with “outstanding issues”. ... The trust signed a 10-year contract with Oracle Health ...
Oracle Corp.’s digital health records business continued to lose market share in the US in 2023, underscoring the software giant’s difficulties since acquiring Cerner Inc. about two years ago.
So we are going after a much larger market than Cerner was,” Ellison said. Oracle’s total revenue for the quarter was $12.9 billion, up 4% year over year in constant currency.
Oracle Cerner contracted for the third-most foreign hospital beds in 2022 with 7,564, trailing only Dedalus and Softway Medical, though it was the leading U.S.-based vendor on that list, per KLAS.
Oracle Cerner’s EHR software has been deployed at only five of VA’s 171 medical centers. A congressional staffer familiar with the renegotiated contract said Oracle’s internal management ...
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 news of the Cerner layoffs comes in the same week that Oracle posted its fourth quarter 2023 results, with revenue in the reported quarter up 17% year on year to $13.8 billion and profit up by ...
Oracle laid off hundreds of employees in its health unit on Thursday, insiders said. Oracle Health includes health IT giant Cerner, which it acquired last year for about $28 billion. Cerner is ...
Oracle Corp.’s $28.3 billion acquisition of Cerner Corp. continues to drive layoffs, and the newest round occurred Thursday. Ominously, perhaps, CEO Safra Catz said recently that the company is ...
Oracle spent about $28 billion to acquire health IT giant Cerner last summer. Insiders say Oracle has since cut costs significantly, such as pausing raises and laying off 3,000.