died July 9, 2017. On January 10, 2018, Brent Shafer was named Chairman and CEO and took over leadership responsibilities in February 2018. In July 2019, Cerner announced that it would partner with Amazon Web Services. On September 4, 2019, Cerner laid off 255 employees as part of an ongoing cost-cutting effort and reorganization. In February 2020, Cerner sold parts of its healthcare IT business in Germany and Spain to German company CompuGroup Medical SE for EUR 225 million (USD 247.5M). In 2020, Cerner announced the hire of three new C-suite executives including Jerome Labat as chief technology officer (CTO), Darrell Johnson as chief marketing officer (CMO) and William Mintz as chief strategy officer (CSO). On August 19, 2021, Cerner announced that Dr. David Feinberg, vice-president and head of Google Health, will become President and CEO of Cerner, effective October 1, 2021. On December 20, 2021, Oracle Corporation announced an agreement to buy Cerner for approximately $28.3 billion. The deal closed in June 2022. Products The company's products include: Millennium+, a cloud hosted EHR (Electronic Health Record). Cerner FirstNet, emergency department system Cerner RadNet Radiology Information System (RIS) Cerner Learning Framework The Cerner CCL (Cerner Command Language), is a SQL-like programming language developed by Cerner. Controversy In 2001, a memo authored by CEO Patterson and sent to about 400 managers was leaked online. The memo, written in harsh language, was meant to motivate the managers to get more productivity out of employees and promised layoffs, a hiring freeze, closing of an "Associate Center," and the implementation of a punch-card system if Patterson did not see evidence of changes. Patterson's metric was the fullness of the company's Kansas City office lot at the hours of 8 a.m. and 5 p.m. The memo was widely seen as inflammatory and poor management, and Cerner's stock price fell 22% over three days. In 2005, Cerner and other companies paid for a report by the RAND Corporation which predicted great efficiencies from electronic health records, including savings of $81 billion a year or more, which RAND now says is overstated. This report helped drive growth in the electronic health record and billions of dollars in federal incentives to hospitals and doctors. Cerner's revenue tripled from $1 billion in 2005 to a projected $3 billion in 2013. The study was criticized by the Congressional Budget Office for overstating potential savings. A 2013 reassessment of the 2005