August 02, 2022by John R. Fischer , Senior Reporter
Following its $28 billion acquisition of Cerner, Oracle has renamed the EHR business, Oracle Health, and has redesigned its organizational structure with several leadership changes.
David Feinberg, who served as Cerner president and CEO, will now be chair of Oracle Health, according to an internal email shared by an Oracle executive on Reddit. “David has played a pivotal role in stewarding Cerner through the acquisition, and I am excited to leverage his knowledge and connections with the healthcare community,” wrote Mike Sicilia, executive vice president of Oracle’s global business units.
Travis Dalton, who was Cerner’s chief client and services officer, will take over as general manager for Oracle Health GIU. Dalton joined Cerner in 2001 and has held several senior leadership positions in finance, sales and consulting. In his new role, he will oversee Oracle Health’s worldwide go-to-market teams, including marketing, sales, service, global operations and the health office.
Oracle executive vice president Don Johnson will now manage Oracle Health engineering, with former Cerner chief technology officer Jerome Labat and other tech executives reporting to him. “This structure will give the Oracle Health engineering team many more technical resources and capabilities to accelerate our industry transformation,” wrote Sicilia.
The company is also combining its IT, finance, legal, HR and other corporate divisions into centralized, global teams.
Oracle acquired Cerner in June 2022 in an all-cash deal. It is its largest acquisition to date and provides access to Cerner’s EHR systems, as well as a stake in the provider- and patient-facing clinical systems market.
The company will modernize Cerner’s solutions by integrating its Autonomous Database, APEX low-code development tools and voice-enabled user interface. It also is moving them into its Gen2 Cloud platform to aid treatment decision-making and reduce IT infrastructure costs.
Additionally, Oracle plans to create a nationalized database that pulls information from thousands of EHRs in hospitals across the U.S. This will solve interoperability problems, create faster access to records and enable development of diagnostic AI models, according to Oracle chairman Larry Ellison.
“Better information will allow doctors to deliver better patient outcomes. Better information will allow public health officials to develop much better public health policy and it will fundamentally lower healthcare costs overall,” said Ellison in a virtual briefing.