Seema Verma, former administrator for the Centers for Medicare and Medicaid Services, is expanding her role at tech giant Oracle.
Verma, who was CMS administrator under President Donald Trump, will serve as executive and general manager of Oracle Health, a source at Oracle confirmed. The change was first reported by Bloomberg.
Verma, who updated her Linkedin profile to reflect the new role, joined Oracle as senior vice president and general manager of the company’s life sciences division in April 2023. She will maintain her role at Oracle Life Sciences while overseeing Oracle Health, formerly known as Cerner. Oracle bought the legacy electronic health record company in June 2022 for $28.4 billion.
Travis Dalton, the former general manager of Oracle Health and a 22-year veteran of Cerner and Oracle, is leaving the company on March 1 to join healthcare data analytics company MultiPlan as president and CEO. Last month, Oracle Health’s Chairman, Dr. David Feinberg announced he was joining New York-based Aegis Ventures as a senior advisor but would continue in his role at Oracle.
The merger between Oracle and Cerner 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.
During her time as CMS administrator, Verma drew attention for her frequent speeches criticizing the Affordable Care Act, among other matters..