Will Oracle save the day with its EHR database?

In a move that promises to shake up the healthcare industry, Oracle announced a bold vision this month acquisition of health IT giant Cerner for more than $28 billion.

The combined companies will soon create a national health records database that pulls data from thousands of hospitals, said Oracle co-founder Larry Ellison. This system makes it easier for healthcare providers to access patient data and patients have more control over who can see their information.

“We are building a system where the medical records of all U.S. citizens exist not only at the hospital level, but also in a unified national database of medical records,” Ellison, the company’s chairman and chief technology officer, said in a press statement. briefing after the merger.

Ellison outlined the known challenges with the US healthcare data infrastructure, including silo information within individual institutions. It is difficult for doctors to know about their patients when they are being treated in other hospitals.

It also makes it a challenge for public health research teams to conduct studies involving large groups of people, as they are often limited to the patient data available within their hospital network, he added.

The national health record system that Oracle is planning would provide a way to aggregate all of this data in an anonymous format, making it available to healthcare providers and researchers, while protecting patient privacy.

Is cloud expansion the key?

Oracle reported revenue growth driven by cloud infrastructure services and SaaS sales, and is looking at a massive expansion of the cloud region.

Oracle expects its cloud business to grow from 22% to 25% in US dollars for the year. Overall cloud growth, including Cerner, is expected to increase from 44% to 47%.

as i have Previously mentionedthere will be a shift from Cerner’s use of Amazon AWS for their population health platform to OCI or Oracle Cloud Infrastructure.

The hope and expectation is that the transition to OCI will mean moving away from custom programming language and developing a solution with modern software code built natively in a cloud environment.

But this is not an easy lift and shift and requires new development.

National Patient ID required

Many healthcare IT experts remain dubious after the national database announcement. Health technology experts and the federal government have spent years, if not decades, trying to achieve this goal.

Even when systems communicate with each other, it is difficult for them to do so adequately. For example, when we think back to the past two years of efforts to create a COVID-19 registry, it was a painful experience across several states and provinces.

The key here is not the technology. adoption of a unique identity system is the key.

I applaud Oracle for this bold vision. It’s a huge undertaking. And it is currently unclear how exactly Oracle will realize this.

But if it works, the Oracle-Cerner merger could prove to be the closest partnership yet for a marriage between major tech and a healthcare software company. And it could be a big step toward greater widespread interoperability in US healthcare.

David Chou is an accomplished technology executive with extensive healthcare experience in for-profit, non-profit, academic medical centers, children’s hospitals, and outpatient settings focused on value-based care. He has experience leading complex organizational transformations and digital solution integrations for global and regional organizations in a highly regulated industry.

Leave a Comment

Your email address will not be published.