Healthcare IT Today December 28, 2021
As most readers know, Oracle Corp. recently agreed to acquire EHR giant Cerner for about $28.3 billion. Oracle has stated that it intends to leverage its existing tools to modernize Cerner’s systems and move them to its Gen2Cloud, a step which shouldn’t be too difficult given that Cerner already runs its key clinical system on an Oracle database.
This is reportedly the biggest acquisition in Oracle’s history and probably the biggest healthcare IT buyout by a tech giant on record as well.
The deal follows a couple of smaller but also significant healthcare acquisitions, including Amazon’s $753 million purchase of online pharmacy PillPack in 2019 and Microsoft’s $19.7 billion acquisition of Nuance Communications earlier this year.
I’m not surprised that...
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