Cerner Revenue Jumps 30 Percent in 2015

Feb. 17, 2016
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.

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.

Sponsored Recommendations

A Cyber Shield for Healthcare: Exploring HHS's $1.3 Billion Security Initiative

Unlock the Future of Healthcare Cybersecurity with Erik Decker, Co-Chair of the HHS 405(d) workgroup! Don't miss this opportunity to gain invaluable knowledge from a seasoned ...

Enhancing Remote Radiology: How Zero Trust Access Revolutionizes Healthcare Connectivity

This content details how a cloud-enabled zero trust architecture ensures high performance, compliance, and scalability, overcoming the limitations of traditional VPN solutions...

Spotlight on Artificial Intelligence

Unlock the potential of AI in our latest series. Discover how AI is revolutionizing clinical decision support, improving workflow efficiency, and transforming medical documentation...

Beyond the VPN: Zero Trust Access for a Healthcare Hybrid Work Environment

This whitepaper explores how a cloud-enabled zero trust architecture ensures secure, least privileged access to applications, meeting regulatory requirements and enhancing user...