Oracles acquisition of Cerner is approved, could close June 6
Summary
As Forrester senior analyst Natalie Schibell told Healthcare IT News in December, its success will be decided by how well Oracle is able to manage this "cloud-first strategy for harnessing the power of data that sits outside of the electronic health record." As she explained "an Oracle-Cerner deal would require Oracle to push the throttle on Cerners move to the cloud to drive a new paradigm of data-driven healthcare." Oracle has its work cut out for it as it learns the ropes of a complex and competitive healthcare market, but in the near term it looks confident about what it can do with such a significant addition to its technology portfolio. "Better information enables better treatment decisions resulting in better patient outcomes," said Ellison, who will speak about the deal during a virtual live event scheduled for June 9 at 4 p.m. "Joining Oracle as a dedicated Industry Business Unit provides 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."
