Five things to know:
1. Cerner’s revenue in the second quarter was up 10 percent from $1.33 billion in the second quarter of 2020.
2. The company reported $32.7 million in net earnings, down 75 percent from $134.7 million during the same time period last year.
3. Cerner’s professional services division led the company’s revenue drivers for the second quarter at $537.1 million.
4. Following professional services, the company saw the most revenue through its managed services at $320.8 million; support and maintenance at $259.6 million; and licensed software at $175.2 million.
5. The company said it expects its third quarter revenue to increase 6 percent from its third quarter of 2020 revenue.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
