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Oracle taps former CMS leader Seema Verma to lead EHR business

February 7, 2024
Summary
Oracle appoints former Trump administration health policy leader Seema Verma to head Oracle Health and Cerner EHR business after acquiring Cerner in $28bn deal in 2022. Challenges in growing EHR business as Cerner drags Oracle's Q2 revenue. Oracle plans to modernize Cerner's EHR platform and transition it to the cloud. Oracle also adopted a massive IT project with the Department of Veterans Affairs through Cerner acquisition. Layoffs reported at Oracle Health.
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