“Cerner missed its own expectations for revenue in the first quarter as it took hits from a delayed Veterans Affairs Department EHR system contract and an unpredictable market.”
“The VA electronic health record system contract has been sitting in limbo for months and will likely be delayed until the second half of the year, according to Cerner Chief Financial Officer Mark Naughten. VA Secretary Dr. David Shulkin was ousted in March and the Trump administration is mulling his replacement.”
“While this is disappointing, we continue to believe we have broad support from key stakeholders,” Cerner President Zane Burke said. “We…” Read the full article here.
Source: VA contract delay hurts Cerner’s Q1 revenue – By Rachel Z. Arndt, May 2, 2018. Modern Healthcare.
