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Chronicles

The story behind the story

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Oracle will acquire electronic medical records company Cerner for $28.3B, or $95 per share, in an all-cash deal, its biggest acquisition yet

part of an ecosystem collecting, buying, and selling data on hundreds of millions of people, on the open market, with virtually no regulation. This is highly concerning news for our privacy: https://twitter.com/... Larry Dignan / @ldignan : Oracle's $28.3 billion purchase of Cerner is going to be a big challenge for Epic in healthcare. It'll be quite the healthcare stack. More than 650K physician users and 2.2 million non-physician users for Cerner. https://www.g2.com/... https://www.techmeme.com/... Daniel Newman / @danielnewmanuv : I love @Oracle's ambition to buy Cerner Corporation. Vertical clouds are going to be a massive growth opportunity and this will instantaneously make $ORCL one of the biggest, if not the biggest player in Healthcare Cloud. (1/2) #Healthcare #ERM #Cloud https://www.cnbc.com/... Gerrit De Vynck / @gerritd : healthcare tech is wild because I've spent 10 years hearing that electronic medical records is completely broken but there are still $30 billion EMR companies out there I've never heard of https://www.cnbc.com/... Brandon Weaver / @keystonelemur : Oracle buys Cerner, and one of the only things I can think about is how much Cerner took advantage of their engineers and paid relatively bad wages. It's a shame none of them will likely see any of that money seeing as they don't give out any stock either. @riptari : Super data broker, Oracle - aka a ‘privacy deathstar’ (https://www.ft.com/...) - is splashing $28BN+ to buy Cerner, a massive US healthtech provider of electronic medical records.... What could *possibly* go wrong!?! https://www.prnewswire.com/...

CNBC Jessica Bursztynsky

Discussion

  • @ldignan Larry Dignan on x
    Oracle's $28.3 billion purchase of Cerner is going to be a big challenge for Epic in healthcare. It'll be quite the healthcare stack. More than 650K physician users and 2.2 million non-physician users for Cerner. https://www.g2.com/... https://www.techmeme.com/...
  • @eanmeyer Ean Meyer on x
    This will lower the cost of proper healthcare and provide a better patient experience said no one that has ever licensed Oracle products for their organization. https://twitter.com/...
  • @jshermcyber Justin Sherman on x
    Oracle is one of the largest data brokers — part of an ecosystem collecting, buying, and selling data on hundreds of millions of people, on the open market, with virtually no regulation. This is highly concerning news for our privacy: https://twitter.com/...
  • @danielnewmanuv Daniel Newman on x
    I love @Oracle's ambition to buy Cerner Corporation. Vertical clouds are going to be a massive growth opportunity and this will instantaneously make $ORCL one of the biggest, if not the biggest player in Healthcare Cloud. (1/2) #Healthcare #ERM #Cloud https://www.cnbc.com/...
  • @gerritd Gerrit De Vynck on x
    healthcare tech is wild because I've spent 10 years hearing that electronic medical records is completely broken but there are still $30 billion EMR companies out there I've never heard of https://www.cnbc.com/...
  • @keystonelemur Brandon Weaver on x
    Oracle buys Cerner, and one of the only things I can think about is how much Cerner took advantage of their engineers and paid relatively bad wages. It's a shame none of them will likely see any of that money seeing as they don't give out any stock either.
  • @riptari @riptari on x
    Super data broker, Oracle - aka a ‘privacy deathstar’ (https://www.ft.com/...) - is splashing $28BN+ to buy Cerner, a massive US healthtech provider of electronic medical records.... What could *possibly* go wrong!?! https://www.prnewswire.com/...