Oracle to buy Cerner for $28.3B
The companies struck an all-cash deal on Monday for $95-per share. Oracle plans to add a voice interface to Cerner’s electronic health record system.
Oracle is reportedly in talks to buy Cerner for $30 billion, according to the Wall Street Journal. If it closes, it would be the largest health tech deal this year.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
While healthcare providers have invested heavily in clinical systems over the past decade, they’ve mostly ignored financial and operational systems.
Technology companies such as Google, Microsoft, Apple, Oracle and Twitter are making inroads in healthcare. But will their efforts gain traction and scale? At HLTH, representatives from some of these companies will take part in the healthcare transformation conversation across AI, voice, diabetes management and more.
Also, North Carolina Children's Specialty Clinic loses Krispy Kreme from name and life science investment firm Longitude Capital is raising its third fund, seeking $525 million.