Five things to know:
1. The Kansas City, Mo.-based EHR vendor posted a 7 percent uptick in revenue, up from $1.34 billion during the same period last year.
2. Most of Cerner’s third quarter revenue was generated from professional services at $507.46 million, up from $456.73 million in the third quarter of 2018.
3. Other major revenue drivers included managed services ($302.44 million), support and maintenance ($277.3 million) and licensed software ($154.53 million).
4. Cerner reported $81.93 million in net earnings for the third quarter, down from $169.39 million during the same period last year.
5. The EHR vendor anticipates its fourth quarter 2019 revenue to be between $1.41 billion and $1.46 billion.
More articles on EHRs:
Building the ‘next generation EMR’: Northwell CIO shares key insights on Allscripts partnership
How an unexpected EHR project garnered Yuma Regional Medical Center national attention, CIO Fredrick Peet explains
Cleveland Clinic ED applies EMR interventions, reduces opioid prescriptions by 50%
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