To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle Cerner sees its second ...

Oracle shares fell 13% Tuesday as the software giant's near-term revenue forecast was weaker than Wall Street analysts expected. The company, which acquired health IT company Cerner a year ago, brought in revenue of $12.45 billion in its fiscal 2024 first ...

After reporting a jump in cloud revenue and record annual sales earlier this week, Oracle is reportedly laying off Cerner employees, casting a shadow on plans for its $28 billion acquisition of the healthcare business. Just days after reporting a jump in ...

Oracle closed its $28.3 billion acquisition of EHR vendor Cerner in the summer last year, expanding its presence in the healthcare sector. Management has warned that Cerner will face some headwinds as it makes the cloud transition. But the move will add ...

The Department of Veterans Affairs announced on Thursday that it extended its contract with Oracle Cerner to modernize its legacy electronic health record system, with the new 11-month agreement emphasizing “improved fiscal and performance accountability.”

The U.S. Department of Veterans Affairs expects Oracle Cerner to deliver on its $10 billion EHR contract despite layoffs reportedly tied to the program, NextGov/FCW reported June 22. “VA leadership remains fully committed to the success of the department ...

Get the latest federal technology news delivered to your inbox. Oracle’s decision to lay off hundreds of employees across its Cerner health unit last week was reportedly due, in part, to challenges the company has faced in deploying the Department of ...