Becker's Hospital Review

Oracle stock slides amid Cerner revenue performance

Oracle stock dropped 12 percent on Sept. 12, the steepest drop since 2002, after the software giant reported lower-than-expected revenue, CNBC reported. Oracle executives blamed some of the financial ...
The Business Journals

Coffee store may be up next in Oracle Cerner's 'retail village' in south KC

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Plans have been filed for a pair ...
Morningstar

Oracle to Acquire Cerner in All-Cash Deal; but We Think it's Overpaying by Roughly $5 Billion

On Dec 20, narrow-moat Oracle agreed to acquire narrow-moat Cerner for $95 per share ($29.4 billion in enterprise value) in an all-cash deal that will be the largest in Oracle's history. At first ...
Becker's Hospital Review

Oracle’s plan to ‘modernize’ Cerner

Oracle closed its $28.4 billion acquisition of Cerner in June and the company contributed $1.4 billion to Oracle’s revenue in the first quarter of 2023, which ended Aug. 31. Larry Ellison, chair and ...
Washington Technology

VA extends EHR contract with Oracle Cerner for 11 months

The Department of Veterans Affairs announced on Thursday that it extended its contract with Oracle Cerner to modernize its legacy electronic health record system, with the new 11-month agreement ...
Healthcare IT News

Voice and NLP, global expansion key for Oracle-Cerner success

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 ...
Yahoo

Oracle layoffs hit Kansas City employees after Cerner takeover

Add Yahoo as a preferred source to see more of our stories on Google. Several Kansas City area-based employees at Oracle received layoff notices on Tuesday, KMBC 9 Investigates has confirmed from at ...
NBC New York

Oracle announces new AI-powered electronic health record

Oracle unveiled a brand-new electronic health record on Tuesday, its most significant health-care product update since acquiring the medical records giant Cerner for $28 billion in 2022. An electronic ...
WPTV

Jupiter Medical Center alerts patients to Cerner data breach affecting personal health records

A data breach affecting a technology company has prompted Jupiter Medical Center (JMC) to issue a notice to patients.
Morningstar

Oracle’s Q3 and Outlook Fall Short of Our Expectations; Shares Overvalued Ahead of Cerner Deal

Oracle’s third quarter was marked by some bright spots--like in Oracle's Fusion cloud ERP and HCM offering--but ultimately came in as a disappointment. Oracle missed our top and bottom line ...
The Business Journals

Report: Oracle Health not in default of TIF terms for KC campus

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle Health has not defaulted ...