Healthcare Finance News December 22, 2021
The companies are looking to help healthcare professionals through digital tools and technology, expert says.
Oracle’s acquisition of Cerner for $28.3 billion is positive for providers, as the deal’s primary objective is a decrease in the amount of time spent on electronic health records.
Indeed, there should be less manual input of medical notes. Oracle and Cerner promoted easing physician burden in their announcement on Monday; in announcing the deal, the companies referenced a Mayo Clinic study published in November 2019 that found that physicians spend one to two hours on EHRs and documentation for every hour they spend with patients.
“They’re looking to help the healthcare professionals,” said John Foley, senior analyst with Acceleration Economy, a company focused...