Cerner completes acquisition of Siemens Health Services

EHR giant Cerner has finalized its $1.3 billion acquisition of Siemens Health Services, the U.S.-based health IT division of German industrial conglomerate Siemens AG, reports Clinical Innovation + Technology.

“We’re committed to enhancing and supporting Soarian for at least the next 10 years,” said Cerner President Zane Burke. Soarian is the brand name for Siemens Health Services’ central platform.

Read more below:

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.