SAN FRANCISCO: The $28 billion Cerner health subsidiary of cloud giant Oracle has laid off hundreds of employees and revoked job offers, according to Friday's media reports.
The corporation has also reduced available posts inside its health unit, according to a report in Insider that cites sources, "after problems with a massive government contract." Oracle had not yet responded to the report.
The news of the Lerner layoffs broke last month. Cerner, a provider of medical records, was purchased by Oracle for $28.4 billion.
After the transaction was finalised in June of last year, Oracle allegedly halted increases and promotions and "laid off thousands of employees in the unit" as late as May. There were around 28,000 new workers as a result of the Cerner acquisition.
As of earlier this year, Oracle stated that employees shouldn't anticipate any raises or promotions until 2023. As per reports, which cited a former employee, layoffs "affected workers across teams, including marketing, engineering, accounting, legal, and product". A national health records database is being created by the cloud computing major.
Until patients opt to sharing their information, the medical data will be anonymous, according to Larry Ellison, chairman and chief technology officer of Oracle. Oracle's database will anonymize every piece of patient data, said Ellison.
In order for medical personnel to give better care to specific patients and communities, hospitals and health systems use digital information systems from Cerner, a leading provider of such systems.
The patient interaction system that Oracle has been developing throughout the epidemic will also be included in the new health records database.The patient engagement system's capacity to gather data from wearables and home diagnostic tools is another project being worked on by the Cloud major.
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