Advertisement

Oracle in talks to acquire EHR giant Cerner

News of the potential deal comes as lawmakers seek to increase oversight of the EHRM program at VA.
Oracle
The Oracle logo on an office building in Irvine, California. (REUTERS / Mike Blake)

Oracle is in talks to buy electronic health record giant Cerner, the Wall Street Journal reported Thursday.

The deal could be worth about $30 billion and would be the largest transaction ever pursued by Oracle, Wall Street Journal reported.

Cerner is the key contractor working on the electronic health record modernization (EHRM) program at the Department of Veterans Affairs, which has attracted concern from lawmakers over escalating costs and patient safety complaints.

Earlier this month, lawmakers in the Senate introduced bipartisan legislation intended to bolster transparency and oversight of the EHRM program. This follows the release in July of three reports by the VA Office of Inspector General that raised concerns about the records modernization process.

Advertisement

At the start of December, the VA announced that it had created two new senior technical management positions to oversee the modernization program: a new deputy CIO for EHR as well as a program executive director for EHR integration.

John Hewitt Jones

Written by John Hewitt Jones

John is the managing editor of FedScoop, and was previously a reporter at Institutional Investor in New York City. He has a master’s degree in social policy from the London School of Economics and his writing has appeared in The Scotsman and The Sunday Times of London newspapers.

Latest Podcasts