Cerner Net Worth is24.6 12-Month Sales Growth (%)
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Company Name: Cerner Corporation

Company Type: Public company

Traded As: CERN, S&P 500

Foundation: 1979

Founder: Neal Patterson, Cliff Illig

Location: North Kansas City, Missouri, United States

Key People: Neal Patterson,

Industry: Health care

Products: Health informatics softwares

Revenue: url

Operating Income: {{increase US$ 459.8 million (2011)
Net Income: assets

Equity: {{increase}} US$ 2.310 billion (2011)
Num Employees: 11,000 (November 2012)
Homepage: []

Cerner Corporation is an international health care information technology corporation that specializes in providing complete systems for hospitals and other medical organizations to manage and integrate all electronic medical records, computerized physician order entry (CPOE), and financial information.
Cerner claims to be the largest provider of electronic medical systems in the United States. Its largest competitor, McKesson, is larger in size but McKesson has income from other non-technology medical sources.
As of Second Quarter 2009 its systems are licensed by 8,000 facilities around the world including 2,100 hospitals, 1,500 pharmacies, and 3,300 physician practices representing 30,000 physicians.
It has more than 10,000 employees. As of June 2006[update], approximately 1,900 associates in the United States and 600 associates in India were involved full-time in the software development aspect of the company. Cerner has more than 6,000 clients worldwide.
Cerner was founded in 1979 by Neal Patterson, Paul Gorup, and Cliff Illig, who were colleagues at Arthur Andersen. Its original name was PGI & Associates. It was renamed Cerner in 1984 when it rolled out its first system, PathNet. It went public in 1986.
In 2005 (the first year it passed $1 billion in sales), it acquired the Riverport Campus complex on the site of what was formerly the Sam's Town Casino above the Missouri River in North Kansas City, Missouri
The world headquarters (WHQ) is across the street from North Kansas City Hospital, which was Cerner's second hospital client.
In 2006 it also acquired the former Marion Laboratories complex for a South Campus in southeast Kansas City, Missouri.
Its products include PowerChart and Millennium e-Booking, which is providing a code base for Choose and Book.
In July 2010, president Trace Devanny left the company.
"Devannya??s responsibilities will be absorbed by the current organization. Neal Patterson will become the companya??s

Cerner Latest News

Pre-Market Technical Recap on Healthcare Information Services Stocks -- WebMD Health, Medical Transcription Billing, Evolent Health, and Cerner

NEW YORK, August 22, 2017 /PRNewswire via COMTEX/ -- NEW YORK, August 22, 2017 /PRNewswire/ -- New York headquartered WebMD Health Corp.'s shares saw a slight drop of 0.06%, finishing Monday's trading session at $66.24. A total volume of 1.01 million ...
Posted: August 22, 2017, 3:05 am

Cerner (CERN) Banks on RCM & PH Platforms, Competition Rife

On Aug 21, we issued an updated research report on North Kansas City, MO-based Cerner CorporationCERN - a leading global provider of healthcare information technology solutions (HCIT). The stock currently carries a Zacks Rank #3 (Hold). We believe that ...
Posted: August 22, 2017, 5:13 am

For Cerner, a veteran CFO and big shareholder returns go together

A lot has changed at Cerner Corp. in the past 20 years. The name of the company’s CFO isn’t one of them. Cerner’s Marc Naughton is among the longest-serving CFOs at the nation’s largest companies, according to The Wall Street Journal. Cerner’s ...
Posted: August 14, 2017, 6:16 am

CliniComp Sues Gov't Over Cerner's VA Contract

Law360, New York (August 21, 2017, 7:49 PM EDT) -- CliniComp International Inc., which provides electronic health record systems for U.S. Department of Defense health care facilities, filed a bid protest in the Court of Federal Claims on Friday, saying the ...
Posted: August 22, 2017, 7:37 pm

MIT Implements Cerner EHR, Population Health Management

August 17, 2017 - MIT Medical is set to implement Cerner Millennium EHR as well as the health IT company’s population health management platform in an effort to streamline clinical, financial, and population health management at the Massachusetts-based ...
Posted: August 17, 2017, 10:18 am
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