CERN - CERN STOCK NEWS

Cerner Corporation (Nasdaq: CERN) announced a positive outlook for 2021, citing strong margin expansion and an increased earnings forecast. The board has authorized a new $3.75 billion share repurchase program, supporting shareholder value. Additionally, Brent Shafer, the current CEO, will begin the search for his successor while remaining in his position until a new CEO is appointed. The company will discuss its quarterly results and future outlook during an earnings call on May 5, 2021, at 8 a.m. CDT.

MIB and Cerner Corporation have formed an exclusive partnership to provide the life insurance industry with access to over 54 million patient medical records. This collaboration allows MIB clients to streamline the underwriting process by retrieving medical data through Cerner's cloud-based technology and patient portals. MIB is now the only third-party provider in life insurance with access to the top three EHR systems in the U.S., enhancing data accessibility and efficiency. The initiative aims to improve the applicant experience by accelerating the insurance policy turnaround time.

Cerner Corporation (Nasdaq: CERN) will disclose its Q1 2021 earnings on May 5th, before market opening. A conference call is scheduled for 8:00 a.m. CT, accessible via dial-in or webcast, where the company will discuss its results and future outlook, including material forward-looking information. Investors are encouraged to join early for registration. Cerner specializes in health technologies that enhance care management and decision-making within healthcare systems globally. For more details, visit Cerner.com.

Cerner Corporation (NASDAQ: CERN) has announced the acquisition of Kantar Health for $375 million in cash. This acquisition aims to merge Kantar's expertise in life sciences with Cerner's comprehensive real-world data (RWD) to enhance life sciences research and patient outcomes. The integration is expected to expedite the clinical trial process. The Kantar Health team will join Cerner's Strategic Growth business, and its head, Lynnette Cooke, will continue leadership. This acquisition positions Cerner to foster stronger collaborations and generate valuable health insights.

Cerner Corporation (Nasdaq: CERN) announced a cash dividend of $0.22 per share, payable on April 20, 2021, to shareholders recorded by April 6, 2021. The company expresses commitment to regular quarterly dividends, with future approvals dependent on financial conditions and Board decisions. Cerner specializes in health care technology, connecting information systems globally to enhance care delivery and operational management.

Cerner Corporation (NASDAQ: CERN) announced the passing of board member Linda M. Dillman on March 13, 2021. Her sudden death has deeply saddened the company, with CEO Brent Shafer expressing condolences and emphasizing Dillman's valuable contributions and warm presence. Dillman had an esteemed career, holding significant roles at major companies, including Walmart and Hewlett-Packard. Her loss is a notable moment for Cerner, as the company continues its mission to enhance healthcare through technology.

Cerner Corporation (Nasdaq: CERN) announced its fourth-quarter and full-year 2020 results, highlighting a strong finish within guidance ranges. The company demonstrated solid execution throughout the pandemic, achieving continued margin expansion and strong cash flow. Cerner's outlook remains robust, with key metrics reflecting positive growth trends. An earnings conference call is scheduled for February 10, 2021, at 3:30 p.m. CT, where management will discuss results and future expectations.

Cerner Corporation has appointed Mark Erceg as the new Chief Financial Officer (CFO), effective February 22, 2021. He succeeds Marc Naughton, who will assist during the transition after serving 30 years with the company. Erceg brings over 25 years of experience, including CFO roles at Masonite International, Canadian Pacific Railway, and Tiffany & Company. He aims to enhance shareholder value through innovative healthcare technology solutions, focusing on improving patient care and operational efficiency.

Cerner Corporation (NASDAQ: CERN) announced it will provide its electronic health record (EHR) system to 12 behavioral health facilities in Virginia through the Virginia Department of Behavioral Health and Developmental Services (DBHDS). This initiative aims to facilitate sharing of patient health records and improve care continuity. With a recent study indicating a 25% increase in depression symptoms in U.S. adults, the implementation of Cerner's technology is timely to address growing mental health needs. An integrated EHR system will enhance care coordination and efficiency across facilities.