What You Should Know:
- Oracle Corporation and Cerner Corporation today jointly announced an agreement for Oracle to acquire health IT leader Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value. The acquisition of Cerner will be a huge additional revenue growth engine for Oracle as it immediately grabs significant market share in the healthcare space. In addition, Oracle plans to expand Cerner's business into many more countries
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Archives for 2021
Oracle in Talks to Acquire Cerner for $30B
What You Should Know:
- Oracle Corp. is currently in discussions to acquire health IT vendor Cerner in a deal that could be worth around $30 billion, Wall Street Journal first reports.
- If the deal is finalized, it would be marked as the largest health IT acquisition to date and establish Oracle as a significant player in the healthcare space.
- The news of the potential acquisition increased Cerner shares by 14.2% in trading Friday to $90.75.
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70% of US Oncologists Are Wrong About Clinical Trial Diversity
What You Should Know:
- COTA's study reveals that 70 percent of oncologists believe patient populations enrolled in clinical trials for cancer research are representatively diverse.
COTA, Inc., an oncology real-world data and analytics company, announced insights from a study of practicing oncologists that reveals 83 percent of oncologists surveyed believe real-world data is critical to accelerating the development of potentially life-saving cancer drugs and treatments. The study, which
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AdhereHealth Partners with Digital In-Home Care Provider, Hero
What You Should Know:
- Partnership enables AdhereHealth to deploy Hero’s digital in-home care platform to simplify complex medication routines, improve patient safety and optimize value-based care.
AdhereHealth, a healthcare technology leader in medication adherence insights and health outcomes, has entered into a strategic partnership with Hero, the market leader in digital in-home care. This new agreement enables AdhereHealth to deploy Hero’s digital in-home care platform to help
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5 Patient Matching Best Practices for Providers to Consider
What is Electronic Patient Matching Anyway?
According to HealthIT.gov, patient matching is defined as “the identification and linking of one patient's data within and across health systems to obtain a comprehensive view of that patient's health care record." At a minimum, one can accomplish patient matching by automatically linking multiple demographic data fields such as name, birth date, phone number, and address. Therefore, patient matching is a critical component to interoperability
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Pear Therapeutics Acquires 2 Depression Assets to Optimize Depression Product Candidate
What You Should Know:
- Pear Therapeutics, Inc. (Nasdaq: PEAR), announced it has acquired two new digital therapeutic assets that it intends to integrate into a potential prescription digital therapeutic (PDT) to treat patients across a continuum of depression subtypes and severities.
- Additionally, Pear announced yesterday the expansion of its existing initiative with Crossroads. Through this expansion, Pear’s PDTs, reSET® and reSET-O®, have the potential to reach thousands of additional
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Report: Healthcare Augmented Intelligence Operations Market Trends
What You Should Know:
- New Chilmark Research report on artificial intelligence (AI) for healthcare operations forecasts a market poised for explosive growth with a CAGR of 40% over the next 5 years as solutions mature and more use cases demonstrate ROI.
The COVID-19 pandemic has irrevocably expedited adoption of enterprise augmented and artificial intelligence (collectively AI) solutions in healthcare to modernize operations. Burnout and staffing shortages, discharge planning, supply
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Teladoc Health Expands Partnership with NLA to Offer Whole-Person Care
What You Should Know:
- Teladoc Health, announced an expanded partnership with the National Labor Alliance, the largest alliance of labor unions and labor-management coalitions, to offer our full suite of whole-person care services.
- Teladoc’s programs, including the virtual mental health and primary care services launched earlier this year, will now be available as part of the exclusive endorsement to the NLA’s Coalitions, their member Funds and their six million
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Nurse Shortage is a Chronic Problem Being Treated With Acute Solutions
While COVID-19 has exacerbated the shortage of nurses in the US, the shortage precedes the pandemic by decades. Nurses across healthcare specialties have been in consistently high demand for many decades, and the current shortage, as the Baby Boomer generation continues to age (effectively converting them from nurses to patients themselves), has continued from around 2012. Some reports estimate that to fully cover our shortage by 2030, 1.2 million RNs will be needed. Yet, entry-level nursing
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Medicare Transformation Company Ilumed Raises $16.5M to Expand DCE Services
What You Should Know:
- Ilumed, a Medicare transformation company focused on assisting patients to achieve their healthiest lives by driving lower cost, better quality and more equitable healthcare outcomes raises $16.5M in Series A funding led by Ascend Partners.
- Ilumed is one of fifty-three Direct Contracting Entities approved by the Centers for Medicare & Medicaid Services as part of CMS’s Global and Professional Direct Contracting Model, which was designed to enhance care quality
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