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Morning Headlines 3/10/23

March 9, 2023 Headlines No Comments

Oracle Announces Fiscal 2023 Third Quarter Financial Results

Oracle reports Q3 results: revenue up 18%, adjusted EPS $0.68 versus $0.84, beating earnings expectations but falling just short on revenue.

Biden 2024 budget calls for IT spending boosts at VA, Social Security, GSA and CISA

President Biden’s proposed $6.8 trillion 2024 budget includes $1.9 billion for the continued roll out of the VA’s Oracle Cerner EHR.

The founder of Elemy raised more than $200 million to provide better autism therapy for kids. Now he’s ditching patient care to chase billions selling healthcare software.

Elemy, which raised over $300 million to open clinics to treat children with autism, has pulled out of 11 of the 14 states it covered and conducted layoffs as it transitions to selling software to clinicians to command a higher investor valuation.



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RECENT COMMENTS

  1. ...which is strongly suggestive, that the VA's problem with Cerner implementation? It's coming a lot more from the VA, than…

  2. Whatever mess is going on with VA aside, DoD has demonstrated that Cerner can be deployed successfully at large scale.…

  3. I understand and sympathize with your elderly family member story. I don’t agree with your solution though. Why are you…

  4. OK, so full disclosure, guilty as charged. Did not read the linked article. However. There is no obvious connection, at…

  5. Could you be more specific in which KFF and Politico story you're referring to? There has been a lot of…

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