OverviewSuggest Edit

Cerner Corporation is a supplier of healthcare information technology solutions and tech-enabled services. It offers Cerner Millennium, a computing framework which enables healthcare providers to access an individual's electronic health record at the point of care. The company also offers HealtheIntent, a cloud-based platform that aggregates, transforms, and reconciles data across the continuum of care. Additionally, Cerner provides implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third-party administrator services for employer-based health plans, as well as a range of complementary hardware and devices.

TypePublic
Founded1979
HQKansas City, MO, US
Websitecerner.com
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)26,400(-3%)
Job Openings793
Revenue (FY, 2020)$5.5 B(-3%)
Share Price (Sept 2021)$74.2
Cybersecurity ratingCMore

Key People/Management at Cerner

Brent Shafer

Brent Shafer

Chairman & CEO
Alaa Adel

Alaa Adel

Vice President and Managing Director, Middle East and Africa
Neal Patterson

Neal Patterson

Co-Founder
Paul Gorup

Paul Gorup

Co-Founder
Cliff Illig

Cliff Illig

Co-Founder
Adrian Dey

Adrian Dey

General Manager, Qatar
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Cerner Office Locations

Cerner has offices in Kansas City, North Sydney, Gmünd, Wien and in 18 other locations
Kansas City, MO, US (HQ)
2800 Rock Creek Pkwy, Kansas City
North Sydney, AU
1 Pacific Hwy
Gmünd, AT
Hans-Czettel-Straße
Wien, AT
Lassallestraße 7A
Markham, CA
3601 York Regional Rd 7
Cairo, EG
Raya Offices (land No. 133)
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Cerner Financials and Metrics

Cerner Revenue

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Cerner's revenue was reported to be $5.51 b in FY, 2020
USD

Revenue (Q2, 2021)

1.5b

Gross profit (Q2, 2021)

1.2b

Gross profit margin (Q2, 2021), %

82.1%

Net income (Q2, 2021)

32.7m

EBIT (Q2, 2021)

49.6m

Market capitalization (15-Sept-2021)

21.8b

Closing stock price (15-Sept-2021)

74.2

Cash (30-Jun-2021)

246.4m

EV

23.4b
Cerner's current market capitalization is $21.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

5.1b5.4b5.7b5.5b

Revenue growth, %

7%4%6%

Cost of goods sold

854.1m937.3m1.1b932.9m

Gross profit

4.3b4.4b4.6b4.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.3b1.4b1.3b1.4b1.4b1.4b1.4b1.3b1.4b1.4b1.5b

Cost of goods sold

231.3m238.8m230.3m253.2m268.7m271.8m254.4m212.0m231.9m230.7m261.3m

Gross profit

1.1b1.1b1.1b1.1b1.2b1.2b1.2b1.1b1.1b1.2b1.2b

Gross profit Margin, %

82%83%83%82%81%81%82%84%83%83%82%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

370.9m374.1m441.8m615.6m

Accounts Receivable

1.0b1.2b1.1b1.2b

Prepaid Expenses

515.9m334.9m392.1m401.2m

Inventories

15.7m25.0m23.2m23.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

867.0m630.1m529.5m780.1m

Depreciation and Amortization

580.7m642.6m688.0m697.4m

Inventories

(972.0k)(9.3m)1.9m960.0k

Accounts Payable

7.0m65.2m(8.7m)(62.7m)
Quarterly
USDFY, 2017

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
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Cerner Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Patents Issued

300350400440500

Countries

2535353535

Facilities

20 k25 k27 k27.5 k

Facilities Leased Internationally, square feet

1.5 m
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Cerner Acquisitions / Subsidiaries

Company NameDateDeal Size
Kantar HealthDecember 16, 2020$375 m
AbleVetsOctober 18, 2019
Siemens HealthineersAugust 05, 2014$1.3 b
LABOTIX AutomationMarch 18, 2013$18 m
PureWellness IncFebruary 25, 2013$69.2 m
Anasazi Software , Inc.November 08, 2012$47.5 m
Clairvia IncMay 25, 2011$28.1 m
Resource SystemsMay 25, 2011$28.1 m
IMC Health CareDecember 18, 2009
LingoLogixAugust 01, 2008$4 m
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Cerner Revenue Breakdown

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Cerner revenue breakdown by business segment: 88.5% from Domestic and 11.5% from International

Cerner Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Cerner Online and Social Media Presence

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Cerner Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    A-

    74/100

  • Compensation

    C+

    66/100

  • Diversity

    B-

    68/100

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Cerner News and Updates

Cerner nets $134M to continue deploying EHR at VA centers

The funding will go toward deployment activities at the Louis Stokes Cleveland VA Medical Center and the John D. Dingell VA Medical Center in Detroit.

Cerner Board Member Recognized as One of the Most Influential Black Corporate Directors by Savoy Magazine

KANSAS CITY, Mo., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (NASDAQ: CERN), a global healthcare technology company, today announced Maj. Gen. Elder Granger, M.D. (Retired), and member of the Cerner board of directors, was named to Savoy Magazine's 2021 Most Influential Black Corporate …

Insights on the Healthcare Supply Chain Management Global Market to 2026 - Featuring Blue Yonder, Cerner and Infor Among Others

Dublin, Sept. 06, 2021 (GLOBE NEWSWIRE) -- The "Healthcare Supply Chain Management Market Research Report by Component (Hardware and Software), by Deployment (Cloud-Based and On-Premise), by End User, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 202…

Roundup: Former Cerner exec joins Rauland Australia as CEO, Vietnam keeps COVID-19 tools secure via bug bounty programme and more briefs

Also, a new research institute focused on health AI is set to be launched in China.

Cerner names Dr. David Feinberg president and CEO

The longtime health IT leader, who has served in top roles at Google Health and Geisinger, will take the reins October 1. William Zollars has been appointed chairman of Cerner's board of directors.

Cerner Names Google Health Exec David Feinberg As New CEO, As President Donald Trigg Departs

The leadership shakeup comes as the healthcare technology company is grappling with the changing landscape and a push towards big data efforts.
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Cerner Frequently Asked Questions

  • When was Cerner founded?

    Cerner was founded in 1979.

  • Who are Cerner key executives?

    Cerner's key executives are Brent Shafer, Alaa Adel and Neal Patterson.

  • How many employees does Cerner have?

    Cerner has 26,400 employees.

  • What is Cerner revenue?

    Latest Cerner annual revenue is $5.5 b.

  • What is Cerner revenue per employee?

    Latest Cerner revenue per employee is $208.6 k.

  • Who are Cerner competitors?

    Competitors of Cerner include Optum, Intersystems and MEDITECH.

  • Where is Cerner headquarters?

    Cerner headquarters is located at 2800 Rock Creek Pkwy, Kansas City, Kansas City.

  • Where are Cerner offices?

    Cerner has offices in Kansas City, North Sydney, Gmünd, Wien and in 18 other locations.

  • How many offices does Cerner have?

    Cerner has 25 offices.