Oracle CEO Safra Catz called the Cerner business a “significant headwind” and said the company was working to bring the electronic health record’s profitability up to Oracle standards.

Oracle Corp. has cut jobs at its Cerner digital health-records unit, particularly in marketing, as the software giant works to integrate last year’s $28.3 billion acquisition.

Former Cerner president and CEO David Feinberg, MD, would now serve as chair of Oracle Health. ... On Oct. 31, Oracle Cerner said it plans to close two Kansas City, Mo.-area campuses.

Oracle CEO Safra Catz referred to Cerner as a “significant headwind this year.” “We expect to return to growth next year,” Ms. Catz said during a March 11 earnings call, as transcribed by ...

Revenue was up 6%, excluding Cerner, CEO Safra Catz said during the call. But Oracle management said they expected Cerner’s performance to improve soon. “For the full fiscal year, Cerner will ...

About 13 months ago, Oracle closed its purchase of electronic health records vendor Cerner for $28.3 billion, a deal meant to kick off Oracle’s new primary mission in healthcare. At an event ...

Excluding Cerner's contributions of $1.4 billion, Oracle's total revenue grew 8% in the quarter — a display of strength for its core businesses, and a signal to investors that the company will ...

Oracle shares surged to an all-time high Monday as CEO Safra Catz touted a “strong start” to fiscal 2026 for the tech giant, ...

Oracle expects two new contracts with a total value of more than $1 billion for its recently acquired Cerner business as the health software vendor faces heightened competitive pressure from Epic ...