Cerner Corporation Looking Forward to a Big Acquisition

Cerner Corporation is a world renowned supplier of information technology solutions, services, devices, and hardware regarding healthcare facilities. Recently, the company is looking to acquire and sign a huge government contract. Cerner Corporation is looking forward to acquire and meet hands with Leidos and Accenture Federal Services. The CERNER stock news has displayed  bid will be of around $11 billion for a contract for the development and up gradation of the U.S. Defense Department’s electronic health records system. There has been a lot of competition going on in the market for this particular contract. It is believed to cover 56 hospitals and about 360 clinics serving the U.S. military and its dependents. It would include work for Veterans Affairs facilities.

 

This particular alliance is being competed by IBM Corporation who was previously jointed with the Cerner Corporation. Moreover, Epic Systems Corporation who is Cerner Corporation’s largest electronic health records competitor. A news in Kansas City Star reports “Earlier this week, another electronic health records company, Allscripts, announced an alliance with Computer Sciences Corp. and Hewlett-Packard to compete for the contract.” 

Even last year, the Defense and Veterans Affairs departments were ready to take initiative on this plan which will benefit both of the systems simply by developing an electronic health records system. However the requests for these plans and proposals were “issued for an off the shelf electronic records system from commercial providers.” A Cerner spokesperson, Kate O’Neill said that the company is looking forward to attain its goals efficiently and its main goal is to build a highly interoperable system which will function on modern and open architecture. 

It is expected that the contract will be accepted in 2015. The partners of Cerner in this contract bid have had an experience in federal contracting. Leidos, engineering company, was expanded in the start of this year from Science Applications International Corporation. Hence in a nutshell, Cerner Corporation believes that signing this huge contract and acquiring the above mentioned companies will prove to be beneficial for the company as well as for the United States Defense.