Cerner Reports Record Bookings in Q4

Cerner has reported $1.11 billion in bookings during the fourth quarter of 2013, an all-time high for the company.

Fourth quarter revenue also increased to $795.3 million, an increase of 12 percent over the fourth quarter of 2012. In total, 2013 revenue was $2.91 billion, up 9 percent from 2012's total revenue of $2.67 billion.

"Cerner's fourth quarter results reflect a strong finish to the year," said Neal Patterson, Cerner chairman, CEO and co-founder, in the news release. "In addition to delivering strong operating results in 2013, we invested heavily in our cloud solutions and infrastructure, and I believe these investments are positioning Cerner for growth through the decade. IT is growing in importance as healthcare undergoes an unprecedented amount of change, and we believe Cerner's solutions and services are well aligned with helping stakeholders improve quality and lower costs while adapting to the evolving landscape."

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