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Latest Oracle Corp. Items
Connecting Oregon's health insurance exchange to the federally run marketplace would be the least expensive fix for the glitch-filled system, a report released Friday said.
Officials with Oregon's troubled health insurance exchange said the full online Cover Oregon portal will not be open to the public before the end of March, when nearly all Americans are required to have insurance under the federal health care law.
More than five months after Oregon's botched health-insurance exchange failed to go live, concern is mounting for another, less visible state IT project that was built in conjunction with the exchange, using the same technology.
Oregon's troubled health insurance exchange said Monday it will pay its main technology contractor much of the money it's been withholding in payments, in exchange for Oracle's promise to continue working with the state during a transition period.
A state official says independent investigators looking into the Cover Oregon failures have not been able to talk to six employees of Oracle Corp. whom they've asked to interview.
Oracle Corp. is pulling nearly two-thirds of its software developers from Oregon's troubled health insurance exchange project, even though the public still doesn't have access to the promised seamless, swift sign-ups for coverage, and key features are unfinished.
Oracle Corp. on Wednesday reported flat earnings for its fiscal third-quarter, hurt by a drop in sales of hardware systems and new software. Shares tumbled in after-hours trading on the weaker-than-expected results.
SHORTFALL: Oracle Corp.'s fiscal third-quarter results fell shy of Wall Street's expectations on Wednesday. The business software bellwether attributed its revenue decline to a lackluster performance by its expanding sales force rather than a lack of demand.
Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software _ which the company attributed to a lackluster performance by its expanding sales force rather than lack of demand.