Three major U.S. ratings agencies may downgrade Oracle’s investment-grade ratings if the software giant increases debt to finance its $28 billion acquisition of Cerner, Bloomberg reported Dec. 21.
The U.S. Supreme Court has granted a request for it to review a labor violations lawsuit that seeks to understand the effects of a 2018 workplace arbitration case involving Verona, Wis.-based EHR vendor Epic, according to recent court documents.
Oracle’s $28.3 billion acquisition of Cerner could pave the way to reduce patient data silos and interoperability challenges among hospitals and health systems, some analysts predict, according to a Dec. 21 report in The Wall Street Journal.