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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Cerner Corporation | 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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Nordic Consulting Acquires S&P Consultants to Expand Cerner Division
What You Should Know: Nordic Consulting expands its Cerner footprint with the acquisition of health IT consulting firm, S&P Consultants. Nordic Consulting, a global health and technology consulting company has acquired S&P Consultants, a healthcare IT consulting firm with a strong focus on Cerner services. As part of the acquisition, S&P will become a Nordic global company - alongside Bails, Healthtech, and Tasman - collectively helping healthcare
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Zoom Announces Cerner EHR Integration for Secure Virtual Visits
What You Should Know: - Zoom is now accepting beta customers for Zoom’s new integration with Cerner’s electronic health record (EHR) platform, available by sending a message of interest on Cerner’s App Gallery or talking to your Zoom account executive. - Hospitals, health systems, physician offices, and clinics that use Cerner to share and access patient EHR data across the continuum of care will be able to launch secure Zoom virtual visits directly
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Transplant Connect and Cerner Streamline Organ Donation and Transplant Process
What You Should Know: Transplant Connect, a Los Angeles-based medical software company that has introduced innovative new technology known as iReferral, and Cerner Corporation announce their new collaboration to enable automated donor referrals. - For years, matching transplant donors with those who need them has been a manual process that typically takes 20 to 30 minutes of healthcare workers making calls. Slowing this process are staffing shortages and
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Cerner Enviza Launches to Accelerate Therapies and Improve Patient Outcomes
What You Should Know: - Today, Cerner announced the launch of Cerner Enviza, a new operating unit that offers solutions to help bring clarity to multi-dimensional data through real-world evidence and insights. - Cerner Enviza℠ aims to accelerate the discovery, development and delivery of extraordinary insights and therapies to improve everyday health for all people globally. By combining decades of healthcare innovation, life sciences knowledge and collaborative research, Cerner
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“We Must Eliminate the Noise,” Reflected Cerner’s New President and CEO
What You Should Know: - During the opening keynote at Cerner Health Conference, Cerner’s new President and CEO, David Feinberg, M.D., expressed the need to improve the usability of health records to help patients avoid unnecessary tests and medications, enable nurses and doctors to eliminate errors and predict what’s to come to improve the health of communities around the world. - “Healthcare technology needs to be reliable, understandable, complementary – we all must work to address
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Cerner Launches RevElate Patient Accounting for Rev Cycle Portfolio
What You Should Know: - Today Cerner announced the launch of Cerner RevElate™, the company’s go-forward patient accounting product that will bring new and enhanced capabilities to the Cerner® revenue cycle management portfolio. - Cerner RevElate is expected to preserve and advance the clinically driven capabilities of Cerner Millennium® while adding scalable, enterprise capabilities of Soarian® Patient Accounting software.
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Cerner/Livongo Exec Joins Quantum Health, UPMC, Other Executive Appointments
Quantum Health, the industry leader in healthcare navigation and care coordination, announced that Zane Burke has joined the company as chief executive officer and member of the company’s Board of Directors. Prior to Quantum Health, Burke most recently chief executive officer of Livongo Health Inc. Burke assumes the role from Quantum Health founder and chief executive officer Kara Trott, who continues in her leadership role as Board Chair and will assist in a seamless transition. Healthcare
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Google Shuts Down Health Division After VP Joins Cerner
What You Should Know: - Google is eliminating its health division after VP, David Feinberg, MD, joins Cerner as its newest President and CEO, according to an internal memo, Insider first reports. In an internal memo sent by Jeff Dean, head of Google’s research division to employees stated Google Health will no longer function as a unit. Formed in 2018, Google Heath which included artificial-intelligence research teams Google Brain and DeepMind, as well as health teams from Nest Labs, the
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