The tech giant is aiming to sell the software into equipment for 5G technology.
Eric Shander, who had been with the software firm since 2015, helped guide it through its acquisition by IBM.
Mark Hurd says he decided that he needed to spend time focusing on his health.
The deal comes less than a month after a full merger fell apart over price disagreements.
The company, which provides a patient-intake software platform for health care providers, has processed $1.4 billion in patient payments.
The company's DIY tax prep software was particularly strong in the third quarter, with TurboTax Live users more than tripling year over year.
The German software giant has prioritized revenue growth but is now taking steps to boost the profitability of its cloud business.
The target price range of the IPO indicates strong investor demand for shares in the event management and ticketing company.
“We’re seeing the returns on the investments we are making in innovation and driving the shift to more software and subscriptions," CFO Kelly Kramer says.
“Our early investments in the intelligent cloud and intelligent edge are paying off," CEO Satya Nadella says.
Companies are adopting new standards aimed at improving comparability by implementing a single revenue recognition model.
The real-world evidence Flatiron's record system collects "is a key ingredient to accelerate the development of, and access to, new cancer treatments."
