gotta hand it to the genius's at Cerner. We paid them $28B for the acquisition and one of the largest installations/deals Cerner had was with the VA ( the VA modernization program was valued at $16 B).
Now we find out that the VA has postponed the rollout of its {Oracle) Cerner EHR modernization program indefinitely due to "long-identified issues with the program's reliability and safety,"
And so what has Oracle said about this? We will "throw everything we have at solving these issues". So now we know where our raises and bonuses will be going.
Any ideas on how some of us can grab a company that has latent problems and sell it to LE and walk off in the sunset with a bundle? It's even worse that our M&A people held up/delayed the buy out until they looked more closely at some of the biz Cerner had - I guess they didn't look hard enough?
Com'on LE you can do better than this....!We are still trying to figure out a medical records storage company has anything to do with our biz...!