May 21, 2013
The US-based Cerner Corporation is the second largest provider by market share of healthcare information technology (HIT) services in the healthcare industry Cerner's primary business involves leasing software to help medical organizations manage data and finances electronically.
Hospitals have invested heavily in HIT technology, citing its ease and lower cost as reasons for having adopted an IT-based infrastructure. Increases in healthcare spending, safety and quality concerns, and insufficient care create a favorable environment for IT-based healthcare.[1] Since those issues aren't isolated to the U.S, Cerner has pursued aggressive growth in international markets. Cerner invests more than a third of its operating expense to develop IT services for international markets while only 16% of its revenues are from its international segment. [2]
(Read more at Wikinvest
) - Business Overview
- Business and Financial Metrics[7]
- Business Segments[8]
- Services (39% of total revenue)
- System Sales (30% of total revenue)
- Support and Maintenance (29% of total revenue)
- Reimbursed Travel (2% of total revenue)
- Key Trends and Forces
- There is a Global Movement Towards Digitizing Healthcare
- Competition
- References

