Oracle acquires e-health records firm Cerner

Cloud major Oracle has acquired electronic healthcare records firm Cerner for approximately $28.3 billion.

Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities.

Working together, Cerner and Oracle have the capacity to transform healthcare delivery by providing medical professionals with better information, enabling them to make better treatment decisions resulting in better patient outcomes, said Larry Ellison, Chairman and Chief Technology Officer, Oracle.

This new generation of medical information systems promises to lower the administrative workload burdening our medical professionals, improve patient privacy and outcomes, and lower overall healthcare costs, he said in a statement late Monday.

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