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Cerner reports $1.5B in revenue, raises full-year guidance

July 30, 2021

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Cerner’s revenue was depressed last year as hospitals, slammed by COVID-19, spent less on their IT and data infrastructures to prioritize the pandemic response. Leadership said they hoped hospital budgets would recover in 2021, allowing both old and new clients to invest more heavily in software — a key priority for Cerner, which continues to expand its data-as-a-service offerings as it pivots away from its legacy EHR business.

The second quarter seemed to include said about-face for Cerner’s health system clients, management said.

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