Tuesday, November 26, 2024

Cerner enjoys solid Q2, sees ‘broad industry impact’ from DoD, VA deals

“Cerner, meanwhile, enjoyed a “solid Q2, with all key metrics coming in at or above our expected results,” said Chief Financial Officer Marc Naughton. Bookings were up 9 percent over the same period 2017, “largely due to the initial task orders for the Veterans Affairs contract that was announced in May,” he said.

“Indeed, now that the deal is officially signed, sealed and delivered, the VA promises to take up much of the company’s bandwidth in the years ahead. Cerner President Zane Burke offered updates on that initiative, as well as the ongoing rollout at the Defense Department.”

“With regard to MHS Genesis, “we remain on track to begin the next wave of implementations later…” Read the full article here.

Source: Allscripts, Cerner offer a glimpse at tech priorities in new earnings reports – By Mike Miliard, August 3, 2018. Healthcare IT News.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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