STOCK TITAN

Oracle Cerner Technology to Manage Hospital Labs in 10 States

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Cerner's lab information systems selected to help Labcorp streamline operations and enhance patient experiences for a leading health system 

KANSAS CITY, Mo., Nov. 14, 2022 /PRNewswire/ -- Oracle Cerner and Labcorp, a leading global life sciences company, have formed a new relationship to streamline lab operations for one of the nation's leading nonprofit Catholic health systems. Labcorp purchased select assets of the health system's outreach laboratory business and will manage its hospital-based laboratories in 10 states. Cerner's laboratory information system (LIS) will help Labcorp centralize operations and streamline processes within the hospital-based labs to enhance patient care and improve lab efficiency.

With this strategic Cerner collaboration, Labcorp will be able to build and expand upon the labs' existing technologies to standardize and optimize workflows for better efficiency in the labs as well as support information sharing across the health system.

"The ability to easily manage workflow and testing information is imperative to providing the high level of service that customers expect from Labcorp," said Carl Warner, senior vice president of information technology, Labcorp. "With its well-established reputation and health technology, Oracle Cerner supports our goal of helping patients and physicians make better health decisions."

Up to 80% of all diagnostic decisions are informed by lab test results. Cerner's holistic suite of laboratory solutions support complex needs across a laboratory operation including clinical, anatomic pathology, molecular diagnosis, and laboratory outreach. Focused on optimizing the workflow of the laboratory, Cerner's lab solutions help minimize manual technology interactions with auto-verification and automatic reporting.

"Oracle Cerner has a long history of developing innovative solutions to support even the most complex lab operations," said Travis Dalton, general manager, Oracle Health. "Together with Labcorp, our solutions will help reduce manual steps in the labs to make information sharing easier across the health system, leading to faster diagnostic decisions that can improve patient care."

About Oracle Cerner

Oracle Cerner's health technologies connect people and information systems at thousands of contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Oracle Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. The company also offers a connected clinical and financial ecosystem to help manage day-to-day revenue functions, as well as a wide range of services to support clinical, financial, and operational needs, focused on people. For more information, visit Cerner.com, Oracle Cerner Perspectives, connect on FacebookInstagramLinkedInTwitter or join the discussion on Oracle Cerner's podcast Perspectives on Health & Tech.

About Labcorp

Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With over 75,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $16 billion in FY2021. Learn more about us at www.Labcorp.com or follow us on LinkedIn and Twitter @Labcorp.

Trademarks
Oracle is a registered trademark of Oracle Corporation.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/oracle-cerner-technology-to-manage-hospital-labs-in-10-states-301677031.html

SOURCE Oracle Cerner

Laboratory Corporation of America Holdings

NYSE:LH

LH Rankings

LH Latest News

LH Stock Data

16.88B
83.67M
0.34%
98.27%
2.29%
Diagnostic Imaging Centers
Health Care and Social Assistance
Link
United States of America
BURLINGTON

About LH

recognized for our innovation, quality, and customer convenience, labcorp delivers timely, accurate results for improved patient care. with scientific expertise in esoteric testing, genomics, and clinical and anatomic pathology, labcorp performs more than one million tests on approximately 400,000 samples each day. labcorp is a pioneer in applying advances in medicine and science to laboratory testing, with more than 35 years of experience in serving physicians and their patients. labcorp operates a sophisticated laboratory network, with corporate headquarters in burlington, nc, and more than 34,000 employees worldwide. our more than 220,000 clients include physician offices, hospitals, managed care organizations, and biotechnology and pharmaceutical companies. laboratory corporation of america holdings is listed on the new york stock exchange (nyse) under ticker symbol lh.