CERNER
CERNER
CERNER
Cerner Corporation designs, develops, markets, installs, hosts and supports healthcare information technology, healthcare devices and content solutions for healthcare organizations and consumers. URL address: http://www.cerner.com/ Products sold:
y y y y y y y y y y y y y y y y y Cerner Electronic Medical Record: Cerner CPOE, Millennium Point of Care , Road Notes, Power orders, Power Chart Cerner Millennium Cerner Network Cerner Webconnect CareAware iBus CareAware Iware for Non-Millenium Systems Cerner Provision PACS RadNet MPages Mobile Clinical Summary Revenue Cycle Services Health Information Management Medical Devices Interfaces Medication Dispensing Cabinets Smart Room Cerner e-Prescribing PharmNet Retail and Inpatient Ambulatory EMR/HER Personal Health Records(PHR)
Annual sales from the product: Current sales approximately $1.850 Billion Jan 1, 2011 Jan 2, 2010 Period Ending 1,850,222 1,671,864 Total Revenue 320,356 281,198 Cost of Revenue http://finance.yahoo.com/q/is?s=CERN+Income+Statement&annual Jan 3, 2009 1,676,028 296,063
Customer-base: Hospitals/healthcare systems, Homecare, Pharmacies, Employers ( non-healthcare), Physician Practice, Clinical Research, Individuals and Families Competitors: Mckesson, Siemens, Medical Solutions, Meditech, GE Healthcare, Med Plus, Computer Programs and Systems, QuadraMed corp, Healthcare Management Systems Inc., Eclipsys Corp, SoftMed Systems, Inc. CPSI, and CE. http://www.himss.org/DorenfestInstitute/docs/ClinicalSystemsHospitalMarket.pdf Market share: Cerner has a 28% market share for acute care hospitals with more than 200 beds based on a recent study by health care technology research firm KLAS Enterprises. Of the 111 new electronic medical records systems that where bought by hospitals with 200+ beds last year, Cerner sold systems to 31 of these hospitals. http://www.bizjournals.com/kansascity/stories/2010/10/11/story11.html Two unique features of the product: y Cerner Corporation is the second largest provider by market share of healthcare information technology services in the healthcare industry http://markets.financialcontent.com/stocks/quote/community/wikinvest?Symbol=537%3A917280 Officers Health IT products for multiple healthcare settings including Retail pharmacies, Home health facilities, Ambulatory facilities, Physician practices ,non-healthcare employers as well as for individuals and families.