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Rumor Mill: Oracle HIT deal in the works?
Oracle has completed the integration of PeopleSoft and is "ready for more acquisitions," according to Chairman Jeff Henley. Could that mean the company is finally ready to make a bold move into healthcare IT? Rumors to that effect have been in circulation for months. With healthcare one of the hottest fields in information technology, a move in that direction would be a logical next step for Oracle. It would also keep a string of big deals going. In late April, IBM bought Houston-based Healthlink and Accenture picked up Cap Gemini's healthcare practice. A report from TheStreet.com doesn't mention any healthcare players, but that may not mean very much. One big name in play, of course, is Cerner.
For more on Oracle:
- see this story from TheStreet.com
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