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Yahoo
2 days ago
- Yahoo
Oracle Unveils AI EHR to Accelerate Cloud Growth and Healthcare Reach
Oracle ORCL has launched its next-generation Electronic Health Record (EHR) system for ambulatory providers in the United States, marking its most significant healthcare product update since acquiring Cerner for $28 billion in 2022. The new Oracle Health EHR features voice-activated navigation and conversational AI capabilities, allowing clinicians to use voice commands to access patient information such as recent lab results and current medications. Built from the ground up on Oracle Cloud Infrastructure, the platform represents a departure from traditional EHR systems by eliminating multiple screens and clicks in favour of an intuitive, voice-first interface designed to reduce administrative burden on healthcare AI-powered EHR launch represents a critical inflection point that could significantly impact the company's healthcare revenue trajectory, particularly as it seeks to justify its $28 billion Cerner acquisition. The rollout supports Oracle's strong revenue momentum demonstrated in its fourth-quarter fiscal 2025 results, where total revenues reached $15.9 billion, up 11% year over year, indicating this healthcare innovation could further accelerate growth. The new EHR platform's voice-first approach aims to strengthen Oracle's competitive position in the healthcare market, building on cloud services and license support revenues of $11.7 billion in the fourth quarter of fiscal 2025, up 14% year over year. Oracle's infrastructure subscription revenues of $6.7 billion, up 19% year over year, indicate strong cloud adoption that the AI-driven EHR could amplify by attracting healthcare customers seeking next-generation solutions. Competitive Landscape and Strategic Positioning The AI-powered EHR announcement positions Oracle to compete against established market leaders in healthcare technology. Amazon AMZN has been expanding its healthcare technology presence through AWS cloud infrastructure and HealthLake data analytics platform, positioning Amazon as both a cloud infrastructure competitor and a potential healthcare technology partner. The company's healthcare initiatives represent a significant competitive threat to Oracle's cloud infrastructure ambitions, as Amazon continues investing heavily in healthcare technology MSFT has emerged as a preferred cloud infrastructure partner for Epic customers, with health systems increasingly choosing Microsoft Azure for EHR migrations due to existing business relationships. Microsoft's positioning in the healthcare cloud space represents both an opportunity and a challenge for Oracle's infrastructure ambitions, as Microsoft continues strengthening healthcare technology partnerships. Additionally, Veradigm Inc. MDRX holds a significant position in the ambulatory EHR market, focusing on specialized solutions for smaller practices. Veradigm has been adapting its strategy to compete against larger players by targeting niche outpatient markets, though Veradigm faces increasing pressure from Oracle's expanded healthcare offerings. Investment Outlook: Positive Oracle's AI-driven EHR represents a strategic pivot that could reshape its competitive position in healthcare technology. The voice-first, AI-integrated approach addresses longstanding physician complaints about traditional EHR systems being cumbersome and time-consuming. However, success will depend on Oracle's ability to rebuild customer confidence following integration challenges post-Cerner acquisition. The healthcare technology sector's high switching costs suggest Oracle's new EHR must demonstrate substantial advantages to drive meaningful adoption and support its fiscal 2026 revenue guidance of over $67 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Veradigm Inc. (MDRX) : Free Stock Analysis Report Oracle Corporation (ORCL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
Oracle bets on agentic AI and voice commands to differentiate new EHR system
Oracle has launched a new cloud-based, artificial intelligence (AI)-powered electronic healthcare record (EHR) system for ambulatory providers to differentiate from its peers in the US EHR space. Oracle Health EHR is built on the US multinational company's Oracle Cloud Infrastructure (OCI). Due to its AI underpinnings, healthcare providers (HCPs) can use voice commands with the new system, to call up information such as patients' recent lab results or current medications. Oracle said the AI agents embedded within its system can surface 'critical insights' and queue suggested actions for HCPs, thereby freeing them up to focus on their patients. According to Oracle, the system has been trained on clinical concepts, including conditions, lab results, and medications, meaning its embedded AI agents 'don't just interpret text', but also understand its clinical context.' The new system's rollout follows Oracle's $28.3bn acquisition of Cerner in 2021. Upon its acquisition, the Cerner held a 24% share in the US EHR market but was fast losing ground to its main competitor, Epic, which held a 45% US market share at the time. Seema Verma, executive vice president and general manager at Oracle Health and Life Sciences commented: 'When Oracle committed to transforming the healthcare industry, we knew we had to start with the EHR. 'While our competitors seem content with bolting features onto antiquated technology, we took on the enormous and highly complex challenge of creating an entirely new EHR, built in the cloud for the agentic AI era.' The launch of Oracle's EHR preceded the company's forging of a deal with Google parent company Alphabet for the deployment of Google's Gemini artificial intelligence models through Oracle's cloud computing services and business applications. While it remains to be seen, the new partnership could influence Oracle's mooted plans to expand the functionality of its EHR system throughout 2026. EHR data is a vital source, yet in the US, access and application of the data has long been viewed as a challenge. This is mainly due to the fragmented nature of data sharing provisions across the broader US healthcare system. However, this may be due for a shakeup. The US Centers for Medicare & Medicaid Services' (CMS') announced plans to establish a framework to simplify the exchange of healthcare data between patients and providers in July. The healthcare agency said it plans to develop digital health ecosystem, the CMS Interoperability Framework, to 'improve patient outcomes, reduce provider burden, and drive value'. The CMS said it plans to outline criteria for a voluntary secure data exchange to establish the framework, which will be accessible to health information networks and exchanges, EHR providers, and technology platforms. "Oracle bets on agentic AI and voice commands to differentiate new EHR system" was originally created and published by Medical Device Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Wire
3 days ago
- Business Wire
Altera Digital Health Delivers Ambient Listening and Note Generation to Provider Practices with TouchWorks Note+
NIAGARA FALLS, N.Y.--(BUSINESS WIRE)--Altera Digital Health, a global health IT leader, today announced the launch of TouchWorks Note+, an ambient listening and note generation solution designed to help independent providers reduce documentation burdens, save time, improve data accuracy and enhance interactions with patients. Fully integrated with TouchWorks® EHR, the new solution is the latest milestone in Altera's broader investment in artificial intelligence (AI) development and electronic health record (EHR) workflow modernization. TouchWorks Note+ is the only solution that combines and converts provider inputs from ambient listening, voice dictation, text entry and pre-set macros into native, structured, codified data for clinical use and billing. It captures ambient listening from a desktop and, in supported deployments, from a mobile device. The AI securely records natural conversations during clinical encounters from the background, allowing providers to focus fully on the patient and build stronger rapport. After the visit, the solution generates a complete, editable note draft for the provider to easily review before finalizing. The deep integration between TouchWorks Note+ and TouchWorks EHR removes the burden on providers to manage separate login credentials, copy/paste information or repeat data entry. This helps standardize documentation across visits, enabling more efficient charting and more accurate, consistent coding so practices can better rely on the data for downstream use. Additionally, due to the solution's proprietary AI coordination platform, Altera can leverage the most comprehensive current and future large language models (LLMs) to enable accurate, efficient data processing across different specialties and modalities. 'As a practicing physician, I know firsthand the toll documentation can take on clinical time and cognitive load. TouchWorks Note+ reimagines the provider experience, allowing providers to stay present with patients while the technology works behind the scenes,' said Dr. Jeanne Armstrong, Chief Medical Officer for TouchWorks EHR, Altera Digital Health. 'It's not just about documentation efficiency. It's about restoring the human connection between provider and patient.' TouchWorks Note+ is the first step in a series of AI developments enabling clinicians to spend more time with patients and less time on technology. Learn more about how TouchWorks Note+ supports the human side of healthcare here. About Altera Digital Health A global healthcare IT leader, Altera Digital Health develops and elevates technology to bring next-level healthcare within reach. Altera's approach to our solutions is changing the way healthcare is delivered—we see the summit of what healthcare can be, but rather than total transformation, we're focused on helping organizations take the steps they need to get there. Altera designs digital health services that lead healthcare to a higher place, while we guide those we partner with, all along the way. To learn more, visit
