Becker's Healthcare May 9, 2024
After Oracle acquired Cerner for $28.4 billion in June 2022, the company lost at least a dozen of the EHR vendor’s large clients, Bloomberg reported May 9.
Bloomberg conducted interviews with more than 30 current and former employees and customers of Cerner who said in 2023 a dozen major clients finalized agreements to substitute Oracle Health software. Additionally, they stated that “bold product ideas” for Cerner, now known as Oracle Health, have taken a backseat.
According to the report, most of the work Oracle has done with Cerner has been focused on updating its legacy systems. Oracle engineers have also been taken aback by the significant effort needed to enact changes and transition customers to the cloud, Bloomberg reported.
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