Cerner named among 'World's Most Innovative Companies' by Forbes

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Forbes has named Cerner to its list of "The World’s Most Innovative Companies," ranking the Kansas City, Mo.-based health IT vendor at No. 37.

Forbes compiles its rankings by what it calls their "innovation premium: the difference between their market capitalization and the net present value of cash flows from existing businesses." 

The explanation continues, "The difference between them is the bonus given by equity investors on the educated hunch that the company will continue to come up with profitable new growth."

Cerner was the only IT vendor named to the list, but it was joined by pharmaceutical companies, life science companies and other healthcare equipment and services companies.

The No. 1 spot on the list is taken by Tesla Motors.

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