Rackspace Technology Partners with Dell Medical School for Healthcare Data Management

Rackspace Technology has partnered with Dell Medical School to provide IT infrastructure services, including hosting and managing data center needs and Epic Electronic Health Record (EHR) systems. The partnership aims to establish Dell Med as a world-class academic medical center, with Rackspace providing a fully managed service model for the institution's hosted data center and Epic deployment.

Rackspace Technology, a leading end-to-end hybrid cloud and AI solutions company, has formed a strategic partnership with Dell Medical School at The University of Texas at Austin (Dell Med) to provide IT infrastructure services. This collaboration includes hosting and managing healthcare-related data center needs, specifically for the Epic Electronic Health Record (EHR) system. The partnership aims to establish Dell Med as a world-class academic medical center, leveraging Rackspace's expertise to enhance patient care standards [1].

As part of this agreement, Rackspace will deliver a fully managed service model for the institution's hosted data center and Epic deployment. This partnership supports Dell Med's vision of becoming a leading academic medical center in Central Texas. By providing operational excellence and a smooth transition, Rackspace aims to improve healthcare delivery, education, and research [1].

Future plans for Dell Med include building a new academic medical center that relies solely on cloud services instead of a physical data center. Rackspace will handle critical digital infrastructure components, ensuring safety, compliance, and resilience in patient care [1].

The partnership highlights Rackspace's role as a strategic IT infrastructure provider for Dell Medical School, emphasizing its expertise in fully managed service models and operational excellence in handling critical healthcare data. However, it also raises concerns about the reliance on third-party infrastructure and potential liability risks associated with data breaches or service outages [1].

Institutional investors have shown interest in Rackspace's stock, with 53 adding shares to their portfolio and 52 decreasing their positions in the most recent quarter. Analysts have issued varying ratings, with no buy ratings and one sell rating issued by Barclays [2].

References:
[1] https://www.quiverquant.com/news/Rackspace+Technology+Partners+with+Dell+Medical+School+to+Enhance+Healthcare+IT+Infrastructure
[2] https://www.morningstar.com/news/globe-newswire/9510497/dell-medical-school-taps-rackspace-for-industry-disrupting-cloud-strategy-building-an-academic-medical-center-without-traditional-data-centers