Oracle’s Plans for Cerner Might Increase Value of Lab Test Data

By Robert Michel | From the Volume XXIX, Number 9 – June 27, 2022 Issue

ONE MAJOR INFORMATICS PLAYER HAS AMBITIOUS PLANS that could make diagnostic data more accessible and, at the same time, more valuable for clinical laboratories. Oracle, the new owner of Cerner Corporation, is telling financial analysts that it wants to create a national repository of h…

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LIS Market Will Change After Oracle and CliniSys Acquisitions

By Robert Michel | From the Volume XXIX, No. 2 – January 31, 2022 Issue

This is an excerpt of a 843-word article in the January 31, 2022 issue of  THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: The Oracle and CliniSys acquisitions will create major changes. With its purchase of Cerner Corpo…

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Witness the Land Grab to Control Healthcare Data

By R. Lewis Dark | From the Volume XXIX, No. 2 – January 31, 2022 Issue

LIKE MOST OF YOU, IT CERTAINLY CAUGHT MY ATTENTION WHEN I LEARNED in December that Oracle will pay $28 billion—with a B!—to buy Cerner Corporation.  I don’t question the value of Cerner’s products; the company has an EHR product tha…

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LIS Market Will Change After Oracle, CliniSys Deals

By Robert Michel | From the Volume XXIX, No. 2 – January 31, 2022 Issue

CEO SUMMARY: With its purchase of Cerner Corporation, Oracle becomes the owner of Cerner’s Millennium laboratory information system (LIS) and CoPathPlus, Cerner’s anatomic pathology LIS. Only three weeks later, CliniSys, a division of Roper Technologies, announced it was acquiri…

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Oracle’s $28b Cerner Deal Shows Value of Health Data

By Robert Michel | From the Volume XXIX, No. 2 – January 31, 2022 Issue

CEO SUMMARY: For three decades, pathologists and clinical lab executives regularly pointed out that clinical laboratory data was extremely valuable. But it seemed nothing changed, no one listened, and labs could not monetize their lab data. Now, one of Silicon Valley’s bigger play…

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Newsmaker Interview

By Robert Michel | From the Volume XXIX, No. 2 – January 31, 2022 Issue

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Converting Paper Requisitions to Digital Cut Lab’s Costs

By Joseph Burns

CEO SUMMARY: Health Network Laboratories cut costs and shortened lab test turnaround time by converting paper requisitions to digital data. It did so by scanning paper requisitions and having a vendor do the required data entry. This helped the lab reduce errors in its patient data. Using…

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How Labs Can Add Value for Providers, Insurers, Pharma

By Joseph Burns | From the Volume XXVI No. 15 – November 4, 2019 Issue

CEO SUMMARY: For pathologists and clinical, molecular, and genetic testing labs, appropriate reuses of lab data can provide a new source of revenue. Labs that serve as preferred providers of diagnostic testing data can help health systems, ordering physicians, pharmaceutical companies, an…

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Northwell Health Lab Team Leverages Data to Add Value

By Joseph Burns | From the Volume XXVI No. 8 – June 10, 2019 Issue

CEO SUMMARY: Today, insurers get risk-adjusted payments for treating patients who have high-cost health conditions and they make risk-adjusted payments to physicians, hospitals, and other providers. At Northwell Health, the clinical lab saw the opportunity to leverage lab test data with …

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LIS-EHR Fees Increasing, Say Hospital Lab Execs

By Joseph Burns | From the Volume XXVI No. 4 – March 18, 2019 Issue

CEO SUMMARY: Hospital and health system lab managers say some vendors of electronic health record systems for independent physicians are aggressively raising the fees they charge labs. Labs serving outreach physicians now pay more in two ways, they say. First, they pay the price the vendo…

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