The company’s success can be attributed to an increase in demand for healthcare providers purchasing solutions and services for healthcare information technology incentives, such as the American Recovery and Reinvestment Act of 2009. The future success of the company may be driven by healthcare reform requirements on healthcare providers.
The cash collections during the third quarter were reported as $471.8 million. Adjusted third quarter 2010 net earnings were $65 million, a 27 percent increase from the third quarter of 2009.
Read the release on Cerner’s 3Q FY 2010 financial report.
Read more coverage on healthcare information technology:
– Study: EHR Implementation Tops Healthcare IT Priorities
– Report: Small Hospitals Seeking Large CIS Vendors
– Cerner Corp. Partners With CareFusion to Improve Communication on Anesthesiology Systems
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