Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Cerner was a sick company when it was bought by Oracle and it had been struggling for years with competition, with sales execution, an antiquated platform and essentially with an outmoded on-prem consumption model.
Oracle health-care systems subsidiary Cerner brought in $1.5 billion in revenue during the quarter.
Oracle's cloud infrastructure, the transformation of its Cerner acquisition, and market share gains within its cloud apps business are key drivers for future growth.
The VA is still struggling to roll out its Cerner EHR across its departments while also continuing to use its home-grown VistA EHR.
Two options that are still being explored are Cerner and Meditech.
“While we are pleased with this early success of the Cerner business, we expect the signing of new health care contracts to accelerate over the next few quarters,” Ellison said in the statement.