CNBC October 28, 2024
Ashley Capoot

Key Points

– Oracle announced Monday that it intends to join a federally-backed medical information exchange network.

– The network is called the Trusted Exchange Framework and Common Agreement, and it aims to standardize the legal and technical requirements for sharing patients’ data on a large scale.

– Oracle is the latest major electronic health record vendor to signal its internest in TEFCA, joining competitors like Epic Systems.

Oracle on Monday announced it intends to join a new federally-backed medical network that will make it easier for clinics, hospitals and insurance companies to share patients’ data.

The network, called the Trusted Exchange Framework and Common Agreement, or TEFCA, launched in December. Oracle, which acquired the medical records giant Cerner for...

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