Cerner Corporation

Cerner Corporation Overview

Company Headquarters: North Kansas City, Missouri, US

Founded: 1979

Workforce: ~29,200

Company Working:

Cerner Corporation develops, installs, and markets, various healthcare information technologies, healthcare devices, and hardware & content solutions for healthcare organizations and consumers. It also provides value-added services such as implementation and training, remote hosting, and operational management services. It mainly operates through two segments, namely, domestic and global. It currently represents its products in around 190 countries across the globe. Its development and production facilities are based in Germany, China, South Africa, Sweden, the UK, and the US.

Strategy

Cerner Corporation strategizes to create innovation in healthcare and information technology. Its main strategy is to create a future where the health care system works to improve the well-being of individuals and communities. It also has plans to expand its product portfolio for healthcare quality management using new technologies

Company Snapshot

$4,796M

Revenue

29,200

Employees

1979

Founded

North Kansas City, Missouri, US

Headquarters

SWOT Analysis

Strengths

Acquisitions and strategic alliances
Strong financial performance

Weaknesses

Product recalls
Decline in profitability

Opportunities

Strong emerging market globally
Expanding healthcare services globally

Threats

Intense competition
Changes in tax laws

Key Developments

Date	Approach	Development
February 2015	Acquisitions	Cerner Corporation acquired the Health Services business from Siemens Organization. This acquisition will help Cerner Corporation to extend its expertise in the area of health care information technology solutions.

Product Offering

Cerner Corporation
- Health Care Services

Financial Performance

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