Cerner Corporation (CERN)

SAN JOSE, Calif.--(BUSINESS WIRE)--VSee Health announces a contract with a top five US kidney dialysis service for EHR integration.

: In 2021, Oracle acquired Cerner, a major EHR provider, with the intention of integrating its vast medical data into Oracle’s AI models to create the EHR of the future, reported Business Insider on Monday. However, Cerner’s EHR system, which was responsible for managing the electronic health records of a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs (VA), was found to be severely flawed. The system’s rollout at the VA, which serves 9 million veterans, was described as a “slow-moving catastrophe.” One feature of the EHR system caused over 11,000 orders for medical care to disappear into an “unknown queue,” resulting in thousands of patients not receiving the treatment their doctors had ordered. These errors were contributing factors in three deaths. Despite Ellison’s vision for a futuristic, AI-driven healthcare system, the acquisition of Cerner has become a significant liability for Oracle. The company is now racing against time to fix the dysfunctional system it inherited from Cerner before more veterans are injured or killed. : Oracle’s acquisition of Cerner was intended to revolutionize healthcare by leveraging AI to improve patient outcomes and reduce costs. However, the flawed EHR system has led to a series of patient deaths, tarnishing Oracle’s ambitious plans. Despite the setbacks, Oracle’s AI ambitions have not been entirely derailed. The company is reportedly in talks with ‘s artificial intelligence startup, xAI, for a potential $10 billion deal to rent Oracle’s AI servers. This deal, if finalized, would make xAI one of Oracle’s largest customers. The healthcare industry is increasingly turning to AI to streamline administrative tasks, optimize treatment plans, and enable more precise diagnostics. The global AI in healthcare market is expected to reach $148.4 billion by 2029, presenting a significant opportunity for AI companies like Oracle to drive innovation and transformation in the sector. Image Via Shutterstock Engineered by , Edited by The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.

PHOENIX--(BUSINESS WIRE)--Salucro Healthcare Solutions, a leading healthcare payment technology company, today announced the general availability of its patient payment workflow integration for Cerner Millennium® customers. The intentionally designed integration will allow healthcare provider customers using the Cerner Millennium platform to process patient payments from their existing collection workflows, helping to improve revenue cycle efficiencies and the patient financial experience. “Thi.

SPOKANE, Wash.--(BUSINESS WIRE)--Since the beginning of its botched rollout in 2020, the Cerner electronic health record (EHR) system at Mann-Grandstaff VA Medical Center has caused administrative delays, gaps in communication and other glitches with tragic consequences, according to a lawsuit filed by Luvera Law Firm on behalf of Charlie Bourg, a 68-year-old Army veteran, against the U.S. Government and Cerner. The lawsuit, filed in U.S. District Court, Eastern District of Washington on Dec. 1.

INDIANAPOLIS--(BUSINESS WIRE)-- #employeehealth--Marathon Health, a leading provider of direct primary care for employers, today announced the acquisition of Cerner Workforce Health Solutions.

Cerner contributed $1.5 billion dollars in revenue.

Oracle ( ORCL , Financial) is one of the most profitable software companies in the world. It has a diversified business model, insulating against market downturns.

The European nuclear research organization (CERN), which houses the Large Hadron Collider, is preparing an emergency plan in case of cuts Read Full Article at RT.com...

With the possibility of a recession on the cards, investors should look to determine which firms have a reasonable chance.

At the end of last year, just before Christmas, Oracle made a big move when it announced it was acquiring electronic health records company Cerner for $28 billion, thrusting it quickly into the top enterprise deal for 2021, just under the wire. Today, the company announced it has closed the deal, effective tomorrow.

AUSTIN, Texas , June 7, 2022 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) announced that a majority of the outstanding shares (the "Shares") of Cerner Corporation (Nasdaq: CERN) were validly tendered, and the other conditions to the tender offer have been satisfied or waived.  The deal will close on June 8, 2022.

Paul Tudor Jones II first gained notoriety by shorting the Black Monday Crash of 1987. Now, he's betting big on CERN, PLAN, and SPY puts.

Cerner (CERN) reported earnings 30 days ago. What's next for the stock?

U.S. business software maker Oracle Corp has secured unconditional EU antitrust clearance for its $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, the EU competition enforcer said on Thursday.

Oracle expects to complete its $95 per share tender offer for Cerner on June 6 paving the way for the company's largest acquisition ever.