Key Developments: Cerner Corp (CERN.OQ)

CERN.OQ on NASDAQ Stock Exchange Global Select Market

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29 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Cerner Corp partners with Intermountain Healthcare
Wednesday, 24 Sep 2014 09:30am EDT 

Cerner Corp:Says strategic agreement with Intermountain Healthcare to provide clinical governance of solutions and workflow to be proposed for the Department of Defense's Healthcare Management System Modernization (DHMSM) initiative.Cerner is a member of the Leidos Partnership for Defense Health, an alliance that includes Leidos, the domain experts in Military Health, and Accenture, a global IT and management consulting company and one of the largest EHR systems integrators in the world.If awarded, Leidos Partnership will transition the DOD smoothly and securely to an open, modern, secure and interoperable system, informed by the most comprehensive medical information across the continuum of care.Leveraging decades of clinical experience and research, Intermountain will work with Cerner to meet the military's specific requirements to modernize its electronic health record (EHR) process.  Full Article

Cerner Corp receives regulatory clearance for acquisition of Siemens AG's Siemens Health Services
Thursday, 18 Sep 2014 06:44pm EDT 

Cerner Corp:Says that the U.S. Federal Trade Commission granted early termination of waiting period under Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended.In connection with the company's purchase of assets of Siemens AG' health information technology business unit, Siemens Health Services, for $1.3 billion in cash.Early termination of HSR waiting period satisfies one of conditions to closing of pending acquisition.Transaction remains subject to other customary closing conditions and is still expected to close in first quarter of 2015.  Full Article

Cerner Corp raises FY 2014 revenue outlook - Conference Call
Tuesday, 5 Aug 2014 05:00pm EDT 

Cerner Corp:Says combined revenues for FY 2014 estimated will be over $4.5 bln for the combined companies.FY 2014 revenue of $3.3 bln - Thomson Reuters I/B/E/S.  Full Article

Cerner to acquire Siemens Health Services for $1.3 bln
Tuesday, 5 Aug 2014 04:03pm EDT 

Cerner Corp:Says the company and Siemens AG announced they signed a definitive agreement for Cerner to acquire the assets of Siemens' health information technology business unit, Siemens Health Services, for $1.3 billion in cash.As part of the agreement, Cerner and Siemens will form a strategic alliance to bring new solutions to market that combine Cerner's health IT leadership and Siemens' strengths in medical devices and imaging.  Full Article

Cerner Corporation gives Q3 2014 guidance in line with analysts' estimates; raises low end of prior FY 2014 guidance
Thursday, 24 Jul 2014 04:04pm EDT 

Cerner Corporation:Expects Q3 2014 revenue between $840 million and $870 million.Expects Q3 2014 adjusted diluted earnings per share before share based compensation expense between $0.41 and $0.42.Expects FY 2014 revenue between $3.3 billion and $3.4 billion, which is up from a prior range of $3.25 billion to $3.4 billion.Expects FY 2014 adjusted diluted earnings per share before share based compensation expense between $1.64 and $1.67, which is up from a prior range of $1.63 to $1.67.Q3 2014 revenue of $840 million and EPS of $0.42 - Thomson Reuters I/B/E/S.FY 2014 revenue of $3.3 billion and EPS of $1.65 - Thomson Reuters I/B/E/S.  Full Article

Cerner Corporation announces amendment to share repurchase program
Tuesday, 27 May 2014 04:01pm EDT 

Cerner Corporation:Authorizes repurchase of up to additional $100 mln of common stock.This expands the $217 mln repurchase program that was approved on Dec. 12, 2013, bringing the total to $317 mln.  Full Article

Cerner Corp issues Q2 2014 guidance in line with analysts' estimates; raises low end of prior FY 2014 guidance to a range in line with analysts' estimates
Thursday, 24 Apr 2014 04:03pm EDT 

Cerner Corp:Expects Q2 2014 revenue between $790 mln and $830 mln.Expects Q2 2014 adjusted diluted earnings per share before share based compensation expense between $0.39 and $0.40.Expects FY 2014 revenue between $3.25 bln and $3.4 bln, which is up from a prior range of $3.2 bln to $3.4 bln.Expects FY 2014 adjusted diluted earnings per share before share based compensation expense between $1.63 and $1.67, which is up from a prior range of $1.62 to $1.67.Q2 2014 revenue of $810 mln and EPS of $0.40 -Thomson Reuters I/B/E/S.FY 2014 revenue of $3.33 bln and EPS of $1.66 -Thomson Reuters I/B/E/S.  Full Article

Cerner Corp issues Q1 2014 guidance; EPS guidance below analysts' estimates; issues FY 2014 guidance in line with analysts' estimates
Tuesday, 4 Feb 2014 04:01pm EST 

Cerner Corp:Expects Q1 2014 revenue to be between $770 mln and $810 mln.Expects Q1 2014 adjusted diluted EPS before share based compensation expense between $0.36 and $0.37.Expects FY 2014 revenue between $3.2 bln and $3.4 bln.Expects FY 2014 adjusted diluted EPS before share based compensation expense between $1.62 and $1.67.Q1 2014 revenue of $781 mln and EPS of $0.38 -Thomson Reuters I/B/E/S.FY 2014 revenue of $3.32 bln and EPS of $1.66 -Thomson Reuters I/B/E/S.  Full Article

Cerner Corp and Claritas Genomics will collaborate to advance personalized medicine
Thursday, 5 Dec 2013 08:30am EST 

Cerner Corp and Claritas Genomics:Says that the companies will work together to advance personalized medicine by building tools and connectivity that will better integrate next generation sequence (NGS)-based diagnostic testing into health care practice.Says the parties will collaborate to develop a rapid, scalable laboratory solution for molecular diagnostics that is tailored to NGS workflows, which are more complex and generate much more data than traditional molecular diagnostic tests.Says Claritas will implement Cerner's Millennium Helix solution as part of the initial phase of the project, and will join Cerner's Reference Lab Network to allow seamless ordering and results return for other Reference Lab Network partners.  Full Article

Cerner Corp Issues Q4 2013 Guidance In Line With Analysts' Estimates
Thursday, 24 Oct 2013 04:01pm EDT 

Cerner Corp announced that for the fourth quarter of 2013, it expects revenue between $775 million and $815 million, adjusted diluted earnings per share before share-based compensation expense between $0.38 and $0.39. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $815 million and EPS of $0.39 for fourth quarter of 2013  Full Article

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Cerner and Athenahealth say integrating with Apple's mobile health service

SAN FRANCISCO - Cerner Corp and Athenahealth Inc, two leading U.S. electronic health record providers, said on Thursday they are working with Apple Inc to develop applications that leverage Apple's mobile health service HealthKit.

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