“The analysts are very bullish on Cerner, in part, because of its VA contract. The analysts believe that the company will see around $9.5 billion in VA-related revenue for ten to twelve years. That’s around double the total Department of Defense contract, which Cerner had to share. The analysts also believe there will be “evergreen” maintenance and service fees of around $500 million per year. (Note that while the analysts don’t explicitly source these figures, they write that they recently visited Kansas City for a meeting with Cerner.) Source: Politico Morning eHealth, 09/20/2017
Trending Now
Innovation in Action: Advancing Government Health with Philips
FORUM is proud to partner with Philips for a series of articles on their groundbreaking innovations in health technology that serve public- and private sector citizens and service members. Please take a look to learn more about how Philips is advancing modern and efficient health care, while improving lives for generations to come.
Don’t Miss A Thing
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.
Subscribe to our mailing list
