Becker's Healthcare March 17, 2023
In reporting quarterly revenues that missed analysts’ expectations, Larry Ellison, founder and chief technology officer of Oracle, touted the software giant’s push into healthcare — a strategy that doesn’t come without risks, according to a March 17 analysis from tech news site The Register.
In touting the company’s contract and implementation wins in the March 9 earnings call, Mr. Ellison cited Oracle Cerner’s EHR work with the U.S. Department of Veterans, which the article noted has been fraught with problems and delays. Mr. Ellison also pointed to the company’s bidding on a project for the U.K. National Health Service, whose data platform has also been delayed. Oracle didn’t respond to the news outlet’s request for comment.