Oracle Wins CMS Cloud Contract To Power Medicare, Medicaid Modernization

Oracle Corp (NASDAQ:ORCL) shares are trading lower Wednesday morning after initially surging in early trading after the Centers for Medicare & Medicaid Services (CMS) selected Oracle Cloud Infrastructure (OCI) to host key mission-critical systems. Here’s what investors need to know. CMS Chooses Oracle For Medicare, Medicaid Cloud Migration The federal health agency will shift select on-premises workloads to OCI as part of an IT modernization effort, leaning on Oracle's FedRAMP High-authorized cloud to mee ...