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Last $72.33 USD
Change Today +0.03 / 0.04%
Volume 1.7M
CERN On Other Exchanges
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As of 8:10 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

cerner corp (CERN) Key Developments

Cerner Corp. and Intermountain Healthcare Announce the Implementation of iCentra at Two Intermountain Hospitals and 24 Clinics Across Northern Utah

Cerner Corp. and Intermountain Healthcare announced the implementation of iCentra, a model electronic health record (EHR), practice management and revenue cycle system, at two Intermountain hospitals and 24 clinics across northern Utah. Intermountain will use a regional deployment strategy to bring all acute care facilities, ambulatory clinics, affiliated practices and business offices live on iCentra in 2015 and 2016. The iCentra implementation began Feb. 21 at Logan Regional and Bear River Valley hospitals and surrounding Intermountain clinics throughout Box Elder and Cache counties. iCentra was implemented 15 months after Cerner and Intermountain announced their multi-year strategic partnership. Cerner's open architecture and edge development models for innovation, paired with Intermountain's best practice standards and focus on quality improvement, enabled the implementation. iCentra integrated Intermountain's industry-recognized Care Process Models, which includes evidence-based best practice guidelines and workflow tools that blend the guidelines into care delivery as a shared baseline. These decision support tools help health care organizations identify and track medical costs, services, and outcomes specific to a care process. Teams used agile development principles to design and configure the system in six-week cycles while both companies added intellectual property that makes iCentra more unique than other fully integrated EHR systems in the market. This methodology differentiates iCentra from other implementations by creating an environment and operational structure for continuous improvement beyond the first go-live so that once the implementation is complete across all hospitals and systems, iCentra will become a true learning environment. This includes multifaceted teams of super users, physician coaches, informaticists, and clinical leadership. As part of their multi-year strategic partnership, Cerner and Intermountain will continue to work with physicians, clinicians, and business teams to improve iCentra. The work is designed to enable future innovations around activity-based costing and improve the patient room of the future.

Washington Department of Social and Health Services Implements Cerner as Part of Patient Safety Emphasis, ICD-10 Preparation

The State of Washington Department of Social and Health Services (DSHS) has selected Cerner Corp. to modernize integrated revenue cycle and electronic health records (EHRs) in multiple state facilities to prepare for ICD-10 compliance. The agreement will digitize DSHS' paper health records to improve provider access to patient information among facilities and provide tools to support DSHS' objective to improve patient safety. In addition to improved access to information, DSHS will implement computerized physician order entry (CPOE) as part of its focus on patient safety. A 2014 report in Perspectives in Health Information Managements states CPOE adoption can facilitate the reduction of medical errors as well as create cost savings in hospitals. Cerner will implement Millennium PowerChart and the revenue cycle suite of solutions at three accredited psychiatric hospitals, including Western State Hospital, Eastern State Hospital and Child Studies and Treatment Center. Cerner will replace the billing functionality supported by the Residential Programs System (RPS), as well as the central pharmacy system.

Hazelden Betty Ford Foundation Selects Cerner Corp. to Implement New Electronic Health Record System throughout its Organization

The Hazelden Betty Ford Foundation announced that it has selected Cerner Corp. to implement a new electronic health record (EHR) system throughout its organization. The collaboration agreement between Cerner and Hazelden Betty Ford Foundation has the potential to elevate the care of individuals suffering with addiction disorders by integrating tools with clinical workflows to help drive better health care for underserved populations. Hazelden Betty Ford Foundation and Cerner will collaborate towards a supplement to Cerner's behavioral health offering with a recovery management program called My Ongoing Recovery Experience (MORE). The structured program will be delivered through a patient portal coupled with recovery coach engagement to encourage the participants to continue learning and engaging in their recovery as they re-enter the community.

Cerner Corporation Presents at SunTrust Robinson Humphrey, Inc. Healthcare IT Summit 2015, Mar-05-2015

Cerner Corporation Presents at SunTrust Robinson Humphrey, Inc. Healthcare IT Summit 2015, Mar-05-2015 . Venue: Canyons Grand Summit Hotel, 4000 Canyons Resort Drive, Park City, UT 84098, United States.

Cerner Corporation Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-02-2015 08:40 AM

Cerner Corporation Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-02-2015 08:40 AM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States.

 

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CERN

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Valuation CERN Industry Range
Price/Earnings 48.2x
Price/Sales 7.5x
Price/Book 6.9x
Price/Cash Flow 47.1x
TEV/Sales 7.0x
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