Cerner receives FTC approval for Siemens Health Services acquisition, on track to be finalized in 2015

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Cerner has received antitrust approval from the U.S. Federal Trade Commission to acquire Siemens Health Services, keeping the $1.3 billion deal on track to close in the first quarter of 2015.

"We're pleased to have cleared this important regulatory hurdle and to be one step closer to integrating Siemens Health Services and its clients into the Cerner family," said Dick Flanigan, Cerner senior vice president. "Our complementary client bases will span the globe in more than 30 countries, and include some of the largest healthcare organizations in the world."

The acquisition, announced in August, is expected to expand Cerner's client base to 18,000 facilities and boost annual sales to $4.5 billion in 2015, up from about $3 billion in 2013.

More articles on Cerner:

10 most-read health IT stories from August
What Cerner's acquisition of Siemens Health Services will mean for the health IT market
Cerner is #22 on Forbes' list of most innovative companies

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