Oracle Health Chairman Dr. David Feinberg is joining New York City-based Aegis Ventures as a senior advisor, the companies said Thursday.
Feinberg will remain at Oracle Health while also working for Aegis, which creates, invests and operates digital health companies in coordination with health systems.
A spokesperson for Aegis declined to comment on how much of Feinberg’s time will be dedicated to each company. A spokesperson for Oracle did not respond to a request for comment.
At Aegis, Feinberg will help the company work with a consortium of health systems that are partnering to build, launch and deploy digital health products. Former Mayo Clinic CEO Dr. John Noseworthy, who returned to healthcare in June through Aegis, chairs the consortium.
Feinberg, who previously served as CEO of Geisinger and Google Health, joined Oracle Health predecessor Cerner in August 2021. In May 2022, Cerner was acquired by Oracle Health for $28.4 billion.
The merger has been fraught with challenges, including a delay with a Veterans Affairs Department electronic health record project, a renegotiated contract between Oracle and the VA, and layoffs. On a December call with analysts, Oracle CEO Safra Catz said Cerner was a drag on its second-quarter financial results. But she added the company remains optimistic about the sector.
On Thursday, Oracle Health general manager Travis Dalton, a 22-year company veteran, was named CEO of MultiPlan, a healthcare data analytics company, effective March 1.
Aegis has worked with New Hyde Park, New York-based Northwell Health since October 2021 to help launch digital health companies. In April 2022, they launched healthcare artificial intelligence platform company Ascertain and imaging AI company Optain in May.