Cerner Revenue Jumps 30 Percent in 2015 | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Cerner Revenue Jumps 30 Percent in 2015

February 17, 2016
by Rajiv Leventhal
| Reprints

On a Feb. 16 earnings conference call, Kansas City, Mo.-based vendor Cerner Corp. reported a full-year 2015 revenue of $4.43 billion, up 30 percent compared to 2014 revenue.

Bookings in the fourth quarter of 2015 were $1.35 billion, an increase of 16 percent compared to $1.16 billion in fourth quarter 2014.  Full-year 2015 bookings were a record $5.43 billion, up 28 percent compared to 2014 bookings of $4.25 billion. Fourth quarter revenue was $1.175 billion, an increase of 27 percent compared to $926 million in the year-ago period. 

“Our fourth quarter results reflect a solid finish to a record year,” Zane Burke, Cerner president, said on the call. “In 2015, we added more than double the number of new EHR clients than any year in our history, including both large health systems and small hospitals. We also continued to advance our cloud-based HealtheIntent platform and had a very strong year of selling our population health solutions both inside and outside our EHR installed base.”

Cerner officials said that it expects first quarter 2016 revenue to be between $1.15 billion and $1.2 billion, with full-year 2016 revenue between $4.9 billion and $5.1 billion.

Get the latest information on Finance and Revenues and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

NewYork-Presbyterian, Walgreens Partner on Telemedicine Initiative

NewYork-Presbyterian and Walgreens are collaborating to bring expanded access to NewYork-Presbyterian’s healthcare through new telemedicine services, the two organizations announced this week.

ONC Releases Patient Demographic Data Quality Framework

The Office of the National Coordinator for Health IT (ONC) developed a framework to help health systems, large practices, health information exchanges and payers to improve their patient demographic data quality.

AMIA, Pew Urge Congress to Ensure ONC has Funding to Implement Cures Provisions

The Pew Charitable Trusts and the American Medical Informatics Association (AMIA) have sent a letter to congressional appropriators urging them to ensure that ONC has adequate funding to implement certain 21st Century Cures Act provisions.

Former Michigan Governor to Serve as Chair of DRIVE Health

Former Michigan Governor John Engler will serve as chair of the DRIVE Health Initiative, a campaign aimed at accelerating the U.S. health system's transition to value-based care.

NJ Medical Group Launches Statewide HIE, OneHealth New Jersey

The Medical Society of New Jersey (MSNJ) recently launched OneHealth New Jersey, a statewide health information exchange (HIE) that is now live.

Survey: 70% of Providers Using Off-Premises Computing for Some Applications

A survey conducted by KLAS Research found that 70 percent of healthcare organizations have moved at least some applications or IT infrastructure off-premises.