Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $59.87 USD
Change Today -1.89 / -3.06%
Volume 2.6M
CERN On Other Exchanges
Symbol
Exchange
CERN is not on other exchanges.
As of 5:20 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

cerner corp (CERN) Snapshot

Open
$60.79
Previous Close
$61.76
Day High
$61.21
Day Low
$59.39
52 Week High
04/13/15 - $75.72
52 Week Low
10/15/14 - $55.75
Market Cap
20.7B
Average Volume 10 Days
3.1M
EPS TTM
$1.65
Shares Outstanding
345.1M
EX-Date
--
P/E TM
36.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for CERNER CORP (CERN)

cerner corp (CERN) Related Businessweek News

View More BusinessWeek News

cerner corp (CERN) Details

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers in the United States and internationally. The company offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual’s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcome and lower cost. In addition, the company provides a range of services, such as implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, healthcare data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third party administrator services for employer-based health plans. Further, it provides range of complementary hardware and devices for third parties. The company serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

15,800 Employees
Last Reported Date: 02/11/15
Founded in 1979

cerner corp (CERN) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $1.0M
President
Total Annual Compensation: $604.6K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $496.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $604.6K
Chief of Staff and Executive Vice President
Total Annual Compensation: $604.6K
Compensation as of Fiscal Year 2014.

cerner corp (CERN) Key Developments

Baptist Health South Florida Selects Cerner for Enterprise-Wide Health IT System

Cerner was selected by Baptist Health South Florida to implement CernerMillennium® and HealtheIntentSM across all of the system's hospitals, physician offices and outpatient locations. Cerner's electronic health record (EHR) system and comprehensive population health management platform will enhance the organization's existing CernerSoarian® Financials revenue cycle management solutions, providing Baptist Health with an integrated, enterprise-wide health information technology (IT) system. Cerner's interoperability capabilities also enable the system to share health records with outside health organizations regionally and nationally. Cerner will support Baptist Health's rapid expansion across its region, including the Caribbean and Latin America.

Cerner Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 4, 2015; Provides Earnings Guidance for the Third Quarter 2015; Revised Earnings Guidance for the Year 2015

Cerner Corporation reported unaudited consolidated earnings results for the second quarter and six months ended July 4, 2015. Second quarter revenue was $1.126 billion, an increase of 32% compared to $851.8 million in the year-ago period. Second quarter revenue was below guidance provided by the company. However, the lower revenue did not have a material impact on profitability, and adjusted earnings were in-line with guidance. On GAAP basis, second quarter 2015 net earnings were $115.0 million and diluted earnings per share were $0.33. Second quarter 2014 GAAP net earnings were $129.0 million and diluted earnings per share were $0.37. Adjusted net earnings were $183.0 million, compared to $138.9 million of adjusted net earnings in the second quarter of 2014. Adjusted diluted earnings per share were $0.52, an increase of 30% compared to $0.40 of adjusted diluted earnings per share in the year-ago quarter. Operating earnings were $171,736,000 compared to $191,633,000 a year ago. Earnings before income taxes were $170,657,000 compared to $194,370,000 a year ago. Cash flows from operating activities (GAAP) were $108,664,000 compared to $248,271,000 a year ago. Capital purchases were $84,870,000 compared to $62,336,000 a year ago. For the six months, total revenues were $2,122,086,000 compared to $1,636,523,000 a year ago. Operating earnings were $338,648,000 compared to $369,636,000 a year ago. Earnings before income taxes were $337,777,000 compared to $375,363,000 a year ago. Net earnings were $225,972,000 compared to $248,559,000 a year ago. Diluted earnings per share were $0.64 compared to $0.71 a year ago. Adjusted net earnings (non-GAAP) were $340,024,000 compared to $268,011,000 a year ago. Adjusted diluted earnings per share (non-GAAP) were $0.97 compared to $0.76 a year ago. Cash flows from operating activities (GAAP) were $322,911,000 compared to $404,058,000 a year ago. Capital purchases were $167,134,000 compared to $131,997,000 a year ago. The company currently expects third quarter 2015 revenue between $1.15 billion and $1.2 billion. Third quarter 2015 adjusted diluted earnings per share before share based compensation expense, voluntary separation plan expense and acquisition-related adjustments between $0.54 and $0.55. Full year 2015 revenue between $4.475 billion and $4.575 billion, as compared to a prior estimated range of $4.65 billion to $4.8 billion. Full year 2015 adjusted diluted earnings per share before share based compensation expense, voluntary separation plan expense and acquisition-related adjustments between $2.09 and $2.15, as compared to a prior estimated range of $2.07 to $2.15. The company expects operating cash flow to increase in coming quarters and free cash flow to improve meaningfully.

Cerner Corporation Wins 10-Year Deal to Upgrade Defense Department S Health Records

A 10-year agreement, worth $4.3 billion has been secured by Cerner Corporation to develop the Defense Department s health records at the DoD s 55 hospitals and more than 600 clinics worldwide. The deal includes about 9.5 million Defense Department beneficiaries and more than 205,000 providers. The new system would be able to interact with the Department of Veteran Affairs separate health records system.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CERN:US $59.87 USD -1.89

CERN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CR Bard Inc $187.55 USD -6.24
Hospira Inc $89.96 USD -0.01
Intuitive Surgical Inc $503.42 USD -7.53
Roper Technologies Inc $155.86 USD -6.23
Zimmer Biomet Holdings Inc $100.65 USD -2.91
View Industry Companies
 

Industry Analysis

CERN

Industry Average

Valuation CERN Industry Range
Price/Earnings 44.1x
Price/Sales 5.7x
Price/Book 5.6x
Price/Cash Flow 40.4x
TEV/Sales 5.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CERNER CORP, please visit www.cerner.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.