Oracle CEO Reveals Plans to Relocate World Headquarters to Nashville, Citing the City’s Reputation as Well-Established Health Center

By Trisha Andrada

Apr 24, 2024 01:49 AM EDT

Oracle Corp. company headquarters is seen June 9, 2003 in Redwood Shores, California.
(Photo : Justin Sullivan/Getty Images)

Oracle Chairman and founder Larry Ellison said on Tuesday, April 23, that the company's global headquarters would be relocating to Nashville, Tennessee. According to him, this move will bring Oracle closer to becoming a significant healthcare hub.

After decades of dominating the healthcare industry, Nashville boasts an active community of health systems, entrepreneurs, and investment companies.

CEO Larry Ellison Announces Plans to Move Oracle's Huge Campus to Nashville

In an extensive interview with former United States Senate Majority Leader Bill Frist, Ellison said that Oracle is relocating its massive campus to Nashville, which will ultimately be its "world headquarters," CNBC reported.

He went on to call Nashville a "fabulous place to live" and an established health center. "It's the center of the industry we're most concerned about, which is the [healthcare] industry."

However, it seemed like an impromptu announcement. Ellison told Frist, "I shouldn't have said that."

Both speakers were part of a fireside conversation that took place at the Oracle Health Summit in Nashville.

After a decade in Silicon Valley, Oracle relocated its headquarters to Austin, Texas, in 2020. The $28 billion purchase of Cerner, a medical records software behemoth, was the most recent in a series of large healthcare investments by the corporation.

READ NEXT: UnitedHealth Admits Paying Off Hackers After 'Substantial' Patient Data Was Compromised in Change Healthcare Cyberattack

Nashville Secures Healthcare Dominance for Decades

A thriving web of health institutions, startups, and investment businesses now calls Nashville home, solidifying the city's position as a healthcare industry powerhouse for decades.

In 1968, the city became known as a center for healthcare as it hosted the founding of HCA Healthcare, one of the earliest for-profit hospital organizations in the US.

Other businesses swiftly followed HCA's lead in luring many healthcare professionals to Nashville.

READ MORE: San Francisco Nurses March to Oppose Hospitals' Use of Unproven AI That Might Harm Patients

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics