Cerner

North Kansas City, United States Founded: 1979 • Age: 47 yrs Acquired By Oracle
Online platform for employee health benefits
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About Cerner

Cerner is a company based in North Kansas City (United States) founded in 1979 was acquired by Oracle in December 2021.. Cerner has completed 9 acquisitions, including AbleVets, Anasazi Software and Clairvia. Cerner offers products and services including Oracle Cloud Infrastructure, EHR, and Revenue Cycle Management. Cerner operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.

  • Headquarter North Kansas City, United States
  • Stage Public
  • Sectors
    Technology
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Oracle

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AbleVets

    & 8 more

  • Acquired by
    Oracle

    (Dec 20, 2021)

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Products & Services of Cerner

Cerner offers a comprehensive portfolio of products and services, including Oracle Cloud Infrastructure, EHR, and Revenue Cycle Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for running healthcare workloads and enabling data-driven decisions

Electronic health records system for managing patient data and workflows

Tools for automating billing and financial processes in healthcare

People of Cerner
Headcount 10000+
Employee Profiles 150
Board Members and Advisors 10
Employee Profiles
People
Charlie Katz
Sales Leader – Health & Life Sciences
People
Nisha Tijare
Sr Director Inside Sales Applications
People
Lance Olson
Senior Vice President, Health Data Intelligence Platform
People
Ramsyam Missula
Vice President, Health Data Intelligence (hdi) At Oracle

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Board Members and Advisors
people
Naomi O. Seligman
Board Member
people
Jeffrey O. Henley
Vice Chairman of the Board
people
Rona A. Fairhead
Board Member
people
Michael J. Boskin
Board Member

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Funding Insights of Cerner

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (26 Dec 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Post-IPO - Cerner Valuation

investors

Jan, 2018 Amount Grant - Cerner Valuation

investors

Dec, 2016 Amount Post-IPO - Cerner Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cerner

Cerner has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Oracle, European Union and Fraser. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Fraser is engaged in providing autism, mental health, and disability services.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Provides systematic asset management and investment strategies for clients worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cerner

Cerner has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AbleVets, Anasazi Software and Clairvia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Standalone general clinic
2015
Security and consultancy services are provided by AbleVets.
2012
Patient referral processes are automated by Fibroblast's SaaS platform.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cerner

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cerner Comparisons

Employees
+
Add Comparison
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Competitors of Cerner

Cerner operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Virtual physical therapy and digital pain care solutions are provided.
domain founded_year HQ Location
Doctor appointments are booked and healthcare professionals are consulted online.
domain founded_year HQ Location
Employee health benefits are facilitated via a cloud-based platform.
domain founded_year HQ Location
Health and wellness social network for employees is provided.
domain founded_year HQ Location
Provider of prepaid cards for financial benefits of employees
domain founded_year HQ Location
Employee health and well-being solutions are delivered through a platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Cerner

When was Cerner founded?

Cerner was founded in 1979 and raised its 1st funding round 37 years after it was founded.

Where is Cerner located?

Cerner is headquartered in North Kansas City, United States. It is registered at North Kansas City, Missouri, United States.

Who is the current CEO of Cerner?

Brent Shafer is the current CEO of Cerner.

What does Cerner do?

Cerner was established in 1979 in North Kansas City, United States, within the healthcare technology sector. An integrated online platform is operated to address clinical, financial, and operational outcomes. Services encompass ambulatory care, analytics, behavioral health, community support, laboratory functions, patient engagement, pharmacy management, population health, radiology, and research. Employee benefits administration and wellness initiatives are facilitated through the system, supporting various healthcare environments.

Who are the top competitors of Cerner?

Cerner's top competitors include Accolade, Hinge Health and Wellhub.

What products or services does Cerner offer?

Cerner offers Oracle Cloud Infrastructure, EHR, and Revenue Cycle Management.

How many acquisitions has Cerner made?

Cerner has made 9 acquisitions, including AbleVets, Anasazi Software, and Clairvia.

Who are Cerner's investors?

Cerner has 4 investors. Key investors include Oracle, European Union, Fraser, and Acadian Asset.

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