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At Extreme Investor Network, we are committed to providing you with the latest insights and information on all things crypto, cryptocurrency, blockchain, and more. Today, we dive into Oracle’s response to Business Insider’s criticism regarding their healthcare modernization efforts.
Oracle’s Defense Against Critics
Oracle has recently faced backlash for its $28 billion investment in healthcare technology, particularly in the modernization of the Department of Veterans Affairs’ (VA) electronic health record (EHR) system. However, Oracle has responded to the criticism, labeling it as clickbait and defending its efforts to enhance healthcare technology for veterans.
Setting the Record Straight
Oracle refutes the allegations made by Business Insider, highlighting the progress made in implementing the Cerner EHR system across Department of Defense (DoD) facilities. The company emphasizes the need for modernization, citing the outdated and vulnerable nature of the VA’s existing system, VistA.
Furthermore, Oracle points out the benefits of the new EHR system, which aims to provide veterans with a secure and interoperable medical record spanning their entire service period. This system improves care coordination and patient outcomes by enhancing data interoperability between the VA and community care providers.
Critique of Reporting
Oracle criticizes Business Insider for allegedly misrepresenting facts and overlooking significant improvements made to the EHR system. The company disputes the portrayal of Epic Systems as a superior alternative, arguing that their open, modular system fosters collaboration and interoperability across different platforms.
Future Innovations
Looking ahead, Oracle remains committed to advancing healthcare modernization initiatives by leveraging cloud infrastructure and generative AI. The company aims to enhance usability, reduce practitioner fatigue, and drive improvements in the healthcare sector.
As we continue to track Oracle’s journey in modernizing healthcare technology, stay tuned to Extreme Investor Network for the latest updates and insights in the world of cryptocurrency, blockchain, and more.
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