Oracle Health sees top execs exodus as the company that chairman Larry Ellison said will fix many of industry's ills falters

1 hour ago 3
ARTICLE AD BOX

Oracle Health sees top execs exodus as the company that chairman Larry Ellison said will fix many of industry's ills falters

Oracle Health has reportedly seen multiple senior leaders depart in recent months. This comes as Oracle’s health records unit, built from the company's $28 billion acquisition of Cerner Corp in 2022, continues to lose customers and works to modernise its software.

Among those leaving are Executive Vice President Sanga Viswanathan and Senior Vice President Suhas Uliyar, two of the division's most senior product and engineering leaders, Bloomberg reports. The report cited people familiar with the matter, who said departures were communicated to some employees last week. Oracle Health has yet to announce the exits formally.The health unit was a centerpiece of Oracle chairman Larry Ellison's ambitions at the time of the Cerner deal, with Ellison declaring it would help “fix many of the industry’s ills” by updating dated systems and creating a growth engine for the company.

The division's performance since then has fallen short of those expectations.Apart from Viswanathan and Uliyar, three other senior vice presidents have left the unit recently, the report added. This includes Quais Taraki, Ofer Michael, and Max Romanenko. Each had been an executive in Oracle's cloud infrastructure division before being moved into the acquired unit to help reshape it. Taraki and Romanenko have since moved to EDB, a database software company, according to the report.

These exits have been at a difficult time for Oracle Health. The division has seen a sharp decline in its market share since Oracle’s Cerner deal, according to a KLAS report from August 2025. As of the end of 2024, customers representing just over 20% of US hospital beds were using Oracle's health records software, while its main competitor, Epic Systems Inc., was used by customers representing more than half of US hospital beds.

What Oracle has said about its vision to improve healthcare technology

Over the past year, Oracle's focus has shifted toward expanding its cloud infrastructure business and building data centres to fulfil AI contracts with customers, including OpenAI. However, the company has continued to speak publicly about its vision to improve healthcare technology.Oracle recently launched a tool that automatically transcribes clinical notes using AI. Early user feedback has been positive, with a November KLAS report suggesting it can help reduce burnout and improve the quality of clinical notes.Oracle Chairman Larry Ellison, who is a notable backer of longevity research, was among the more vocal proponents of the Cerner deal and said it would lead to a "national health records database" that would improve patient care across the US. In October 2025, Ellison said Oracle was close to having rewritten Cerner's entire software code and was looking to expand the company's scope. "Yes, we're rebuilding Cerner — but we're also building accounting systems for hospitals, HR systems designed for hospitals," he said at a company conference last year. Ellison, who owns health-focused resorts, remains closely involved in the direction and product development of the health unit, according to people familiar with its operations.Oracle Health co-CEO Mike Sicilia said during an earnings call in December 2025 that Oracle expects health care bookings and revenue to "accelerate materially" in the current quarter, following the launch of the transcription tool and a new health records system.That period also aligns with the US Department of Veterans Affairs' expected start date for rolling out Oracle's software to additional VA hospitals. Before Oracle acquired Cerner, the VA had agreed to spend $16 billion to standardise its facilities using Cerner's health records software. However, the rollout has faced delays due to performance and reliability issues.The division is led by Seema Verma, who oversaw Medicare and Medicaid during Donald Trump's first administration, and reports to Sicilia. TK Anand, who joined Oracle in 2018 and reports to Ellison, oversees product development. Together, they are responsible for around 18,000 workers, according to a recent organisational chart.

Read Entire Article