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Stock impact report

Oracle $16 Billion VA Health Software Scores Badly in Internal Report [Yahoo! Finance Canada]

Premier, Inc. - Class A (PINC) 
Last premier, inc. - class a earnings: 2/4 07:00 am Check Earnings Report
failing at its main job of helping improve patient care, according to previously unpublished internal survey data. Most Read from Bloomberg The VA has been renegotiating its $16 billion contract with Oracle due to poor performance of the system and employee feedback. The department is Oracle's top public client in its health unit, which includes Cerner, the electronic medical records provider purchased for $28 billion in 2022. ADVERTISEMENT Fewer than 1 in 5 doctors, nurses and other VA health employees say Oracle's product enables them to deliver “high-quality care,” according to the survey, which is part of an internal report from the department. “There is a trend toward improvement, however most users still indicate a negative experience,” VA researchers wrote in the report seen by Bloomberg. Oracle's acquisition of Cerner came with the flagship contract to replace the EHR, or electronic health records system, at the VA's 172 facilities. For hospitals, the EHR is a back Show less Read more
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