Tuesday, September 2, 2014

Cerner acquires Siemen’s division for $1.3 billion

PARCA eNEWS – Aug. 5, 2014 – Siemens Healthcare plans to sell its hospital information system business (HS) for US$ 1.3 billion in cash to US-based Cerner Corp. Siemen’s hospital systems business is focused on administrative hospital IT and electronic patient records, and is different from the IT division of Siemens that enhances the capabilities of imaging modalities and laboratory equipment. Cerner was one of only three EMR vendors that increased its market share in 2013. The company saw GAAP net earnings stand at $398.4 million, up from $397.2 million in 2012, according to Health care IT News.

PARCA Q. Will this acquisition affect your PACS? Join the discussion    

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