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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Health IT | News, Analysis, Insights - HIT Consultant
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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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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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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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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CareCloud Launches All-New Interoperability and Data Exchange Solution for Healthcare Organizations
What You Should Know:
- CareCloud, Inc., a provider of healthcare technology solutions for medical practices and health systems nationwide launches CareCloud Connector, a next-generation interface and data management engine, and the first product within its CareCloud Conductor suite.
- CareCloud Connector enables healthcare organizations with ready-to-use integrations that improve data management and deployment speed while offering better interface visibility and
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Bamboo Health Streamlines Care Collaboration for Oak Street Health for Real-Time Patient Event Notifications
What You Should Know:
- Bamboo Health announced that it has expanded its care coordination partnership with Oak Street Health intended to arm the network of value-based primary care centers (for Medicare) with an additional level of resources for managing real-time patient event notifications.
Real-Time Patient Event Notifications
Pings real-time data provides Oak Street Health with a better understanding of where patients are in the care continuum across Bamboo Health’s network of
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Innovaccer Raises $150M at $3.2B Valuation to Expand Health Cloud Platform
What You Should Know:
- Innovaccer raises $150M Series E round at a $3.2B valuation as health systems adopt its Innovaccer Health Cloud to accelerate digital transformation.
- Launches new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases.
Innovaccer Inc. a Silicon Valley-based healthcare data platform company, announced a $150 million Series E round at a $3.2 billion valuation led by Mubadala Capital, with
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