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Vendor Overview
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Cerner (Oracle Health)
Healthcare Information Technology & EHR Solutions
1979
Founded
Oracle
Parent Company
~27,500
Employees
~$5.8B
Annual Revenue (pre-acquisition)
Headquarters
Kansas City, Missouri, USA
Acquisition
Acquired by Oracle in 2022 for $28.3 billion
Primary Market
Healthcare Providers (Hospitals, Health Systems, Ambulatory)
Global Presence
United States, Canada, Europe, Middle East, Australia, Asia

Core Competencies

Electronic Health Records
Revenue Cycle Management
Population Health
Clinical Decision Support
Interoperability
Health Information Exchange
Cloud Solutions
Data Analytics
Product Portfolio
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Millennium
Core EHR Platform
Comprehensive electronic health record system for hospitals and health systems, with clinical, financial, and operational capabilities in an integrated platform.
Clinical Documentation
CPOE
Clinical Decision Support
Medication Management
Market Share: 25% of U.S. Hospital Beds
Latest Version: January 2025
PowerChart
Clinical Documentation
Core clinical module within Millennium providing comprehensive electronic charting capabilities for physicians, nurses, and other clinicians.
Physician Documentation
Nursing Workflow
Care Planning
Medical History
Implementations: 2,500+ facilities
Core component of Millennium platform
RevElate
Revenue Cycle Management
Comprehensive revenue cycle management solution designed to streamline financial workflows, improve claims management, and enhance the patient financial experience.
Patient Access
Claims Management
Billing & Collections
Financial Reporting
Released: 2023
Integrates with Oracle Cloud ERP
HealtheIntent
Population Health
Cloud-based population health management platform that aggregates data from multiple sources to provide insights for improved care coordination and outcomes.
Risk Stratification
Care Management
Quality Measures
Analytics
Coverage: 160M+ patients
Latest Major Update: Q3 2024
Market Position
Full Analysis
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EHR Market Share
25.8%
▼ 0.7% YoY
Based on U.S. hospital beds covered by Cerner systems.
KLAS Rating
3.9/5
Above Average
Based on customer satisfaction and performance metrics.
Growth Trajectory
Evolving
Post-Oracle acquisition transformation with increased cloud focus.

Key Competitors

Epic Systems
Enterprise EHR for large health systems and academic medical centers
35.2%
▲ 1.3% YoY
Meditech
EHR for community and mid-sized hospitals
16.4%
▲ 0.2% YoY
Allscripts
Ambulatory EHR and practice management
8.9%
▼ 1.1% YoY

Oracle Acquisition Impact

Cloud Migration Strategy
Accelerated migration of Cerner products to Oracle Cloud Infrastructure (OCI), promising improved performance, scalability, and security for healthcare clients.
Integration with Oracle Healthcare
Expanded healthcare portfolio combining Cerner's clinical expertise with Oracle's enterprise applications and cloud technology.
Rebranding to Oracle Health
Progressive transition from Cerner branding to Oracle Health, with unified product marketing and positioning.
Investment in AI & Voice Technologies
Increased R&D spending on AI-powered voice interfaces and ambient clinical intelligence to reduce physician documentation burden.
Customer Adoption
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Notable Implementations

Veterans Affairs Health System
United States
Millennium
2020-present*
Baptist Health South Florida
Miami, FL
Millennium, RevElate
2013
Jackson Health System
Miami, FL
Millennium, HealtheIntent
2017
Intermountain Healthcare
Salt Lake City, UT
Millennium Suite
2000
HCA Healthcare
Nashville, TN
Millennium, Revenue Cycle
2016
NHS Digital
United Kingdom
Millennium
2015-2023

Customer Distribution

Facility Type Number of Customers Market Penetration YoY Growth
Academic Medical Centers 70+ 38% -1.2%
Large Health Systems (500+ beds) 210+ 42% -0.5%
Mid-Size Hospitals (200-499 beds) 580+ 32% +0.7%
Small Hospitals (<200 beds) 760+ 25% +1.3%
Ambulatory/Clinic Networks 1,800+ 21% +2.1%
News & Updates
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Title/Content Source Date Type
Oracle Announces Integration of Cerner with Oracle Cloud ERP
New financial management capabilities for healthcare organizations
 Oracle Press Release Feb 25, 2025 Press Release
VA Electronic Health Record Modernization Progress Report
Oracle Cerner implementation continues with revised timeline
 Healthcare IT News Jan 18, 2025 Industry News
Oracle Health Releases RevElate 2.5 with Enhanced AI Capabilities
New machine learning features to improve coding accuracy and reduce denials
 Oracle Health Dec 10, 2024 Product Update
Oracle Health and Microsoft Expand Partnership for AI in Healthcare
Collaboration includes Azure integration and co-development of clinical decision support tools
 HIT Consultant Nov 30, 2024 Industry News
Jackson Health System Completes Oracle Health HealtheIntent Implementation
Population health platform deployed to improve care coordination across South Florida
 Healthcare Innovation Oct 22, 2024 Industry News