Cerner to Acquire Clairvia
Cerner Corporation
07.10.2011 14:30
---------------------------------------------------------------------------
Expands Cerner's Offerings in Health Care Workforce Management and Cloud-Based
Predictive Algorithms
LONDON, 2011-10-07 14:30 CEST (GLOBE NEWSWIRE) --
Cerner Corporation (Nasdaq:CERN) announced it has reached an agreement to
acquire Clairvia, an organisation that has spent more than a decade developing
health care workforce management solutions, including Care Value Management(tm)
and Physician Scheduler(tm). Clairvia's software applications and predictive
models enable health care organisations to align staff and resources with
actual patient needs, in real-time, to allow caregivers to focus solely on
patient care. Ultimately these improvements advance patient care quality,
patient safety, patient throughput, staff productivity and satisfaction, and
cost control.
Clairvia's solutions are currently used by more than 400 organisations around
the world, ranging in size from large health care systems to specialist
clinical practises. These clients utilise a variety of electronic health record
(EHR) systems for their needs, as Clairvia's solutions are EHR-system agnostic
and integrate with numerous platforms, including Cerner Millennium(r). The Care
Value Management suite will be integrated into Cerner's broader cloud-based and
interoperability platforms, Cerner Healthe Intent(tm) and CareAware(r), which will
allow Cerner to offer a comprehensive suite of resource management solutions.
'Interoperable cloud-based solutions and workforce management applications that
focus on providing positive clinical, operational and financial returns allow
healthcare organisations to address fundamental issues surrounding supply of
staff and rising patient demand,' said Matthew Swindells, Cerner vice
president. 'This acquisition demonstrates Cerner's commitment to innovating
health care for the future. As the NHS moves toward a model where more care is
delivered outside the hospital and only the sickest patients are in inpatient
beds, overcoming the challenge of maintaining the right level of nurse staffing
will be crucial to patient safety. Clairvia's predictive models, driven by EHR
data, not only reduce costs by aligning the right resource at the right time
but, more importantly, optimise patient outcomes.'
'EHRs document patient needs and expected courses of care while resource
management systems store nurse competency, skills and availability data,' said
Beth Pickard, Clairvia president and chief executive officer. 'We integrate
those two databases in real time, at the point of care. Cerner's resources and
dedication to improving health opens the door for us to create additional
solutions that enable health care organisations to accurately forecast demand
and to proactively align staffing resources to meet that demand.'
The acquisition is anticipated to close in October 2011 and is not expected to
have a material impact on Cerner's 2011 financial results. Pickard will join
Cerner effective upon closure of the transaction.
About Cerner
Cerner is contributing to the systemic change of health and care delivery. For
more than 30 years Cerner has been executing its vision to make health care
safer and more efficient. We started with the foundation of digitising paper
processes and now offer the most comprehensive array of information software,
professional services, medical device integration, remote hosting and employer
health and wellness services. Cerner systems are used by everyone from
individual consumers, to single-doctor practices, hospitals, employers and
entire countries. Taking what we've learned over more than three decades,
Cerner is building on the knowledge that is in the system to support
evidence-based clinical decisions, prevent medical errors and empower patients
in their care.
Cerner(r) solutions are licensed by approximately 9,000 facilities around the
world, including more than 2,600 hospitals; 3,500 physician practises covering
more than 30,000 physicians; 500 ambulatory facilities, such as laboratories,
ambulatory centers, cardiac facilities, radiology clinics and surgery centers;
800 home health facilities; 40 employer sites and 1,600 retail pharmacies.
Certain trademarks, service marks and logos (collectively, the 'Marks') set
forth herein are owned by Cerner Corporation and/or its subsidiaries in the
United States and certain other countries throughout the world. All other
non-Cerner Marks are the property of their respective owners. Nasdaq: CERN. For
more information about Cerner, please visit www.cerner.com, Twitter, Facebook
and YouTube.
About Clairvia
Clairvia, Incorporated serves more than 400 health care organizations, medical
facilities, nursing departments, and group practices with advanced software
solutions for patient and staff management. Clairvia(r) Care Value Management
(CVM) is a comprehensive software suite that empowers health care providers to
deliver the right caregivers to each patient--at the right time--to achieve the
next desired level of wellness. In more than 200 successful implementations,
Clairvia CVM has driven measurable improvements in quality of care, patient
safety, patient throughput and financial performance, as well as patient,
staff, and physician satisfaction. The complete Clairvia CVM offering includes
the following software solutions:
-- CVM Staff Manager
-- CVM Demand Manager
-- CVM Patient Progress Manager
-- CVM Care Cost Manager
-- CVM Outcomes-Driven Patient Acuity
-- CVM Demand-Driven Patient Assignment
-- CVM Care Value Analytics
-- CVM ShiftAlert Mobile
-- CVM Mobile Connect
This release contains forward-looking statements that involve a number of risks
and uncertainties. It is important to note that the Company's performance, and
actual results, financial condition or business could differ materially from
those expressed in such forward-looking statements. The words 'will be', 'will
allow', 'forecasted', 'anticipated' and 'not expected' or the negative of these
words, variations thereof or similar expressions are intended to identify such
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to: the possibility of product-related
liabilities; potential claims for system errors and warranties; the possibility
of interruption at our data centers or client support facilities; our
proprietary technology may be subject to claims for infringement or
misappropriation of intellectual property rights of others, or may be infringed
or misappropriated by others; risks associated with our recruitment and
retention of key personnel; risks inherent with business acquisitions; risks
associated with the ongoing adverse financial market environment and
uncertainty in global economic conditions; changing political, economic and
regulatory influences; government regulation; significant competition and
market changes; and, failure to reach the intended synergies. Additional
discussion of these and other factors affecting the Company's business is
contained in the Company's periodic filings with the Securities and Exchange
Commission. The Company undertakes no obligation to update forward-looking
statements to reflect changed assumptions, the occurrence of unanticipated
events or changes in future operating results, financial condition or business
over time.
CONTACT: Media Contact:
Ellie Banner-Ball
+44 203 180 4351
ellie.banner-ball@cerner.com
Investor Relations Contact:
Allan Kells
(816) 201-2445
akells@cerner.com
News Source: NASDAQ OMX
07.10.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Cerner Corporation
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US1567821046
WKN:
End of Announcement DGAP News-Service
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Cerner Corporation
07.10.2011 14:30
---------------------------------------------------------------------------
Expands Cerner's Offerings in Health Care Workforce Management and Cloud-Based
Predictive Algorithms
LONDON, 2011-10-07 14:30 CEST (GLOBE NEWSWIRE) --
Cerner Corporation (Nasdaq:CERN) announced it has reached an agreement to
acquire Clairvia, an organisation that has spent more than a decade developing
health care workforce management solutions, including Care Value Management(tm)
and Physician Scheduler(tm). Clairvia's software applications and predictive
models enable health care organisations to align staff and resources with
actual patient needs, in real-time, to allow caregivers to focus solely on
patient care. Ultimately these improvements advance patient care quality,
patient safety, patient throughput, staff productivity and satisfaction, and
cost control.
Clairvia's solutions are currently used by more than 400 organisations around
the world, ranging in size from large health care systems to specialist
clinical practises. These clients utilise a variety of electronic health record
(EHR) systems for their needs, as Clairvia's solutions are EHR-system agnostic
and integrate with numerous platforms, including Cerner Millennium(r). The Care
Value Management suite will be integrated into Cerner's broader cloud-based and
interoperability platforms, Cerner Healthe Intent(tm) and CareAware(r), which will
allow Cerner to offer a comprehensive suite of resource management solutions.
'Interoperable cloud-based solutions and workforce management applications that
focus on providing positive clinical, operational and financial returns allow
healthcare organisations to address fundamental issues surrounding supply of
staff and rising patient demand,' said Matthew Swindells, Cerner vice
president. 'This acquisition demonstrates Cerner's commitment to innovating
health care for the future. As the NHS moves toward a model where more care is
delivered outside the hospital and only the sickest patients are in inpatient
beds, overcoming the challenge of maintaining the right level of nurse staffing
will be crucial to patient safety. Clairvia's predictive models, driven by EHR
data, not only reduce costs by aligning the right resource at the right time
but, more importantly, optimise patient outcomes.'
'EHRs document patient needs and expected courses of care while resource
management systems store nurse competency, skills and availability data,' said
Beth Pickard, Clairvia president and chief executive officer. 'We integrate
those two databases in real time, at the point of care. Cerner's resources and
dedication to improving health opens the door for us to create additional
solutions that enable health care organisations to accurately forecast demand
and to proactively align staffing resources to meet that demand.'
The acquisition is anticipated to close in October 2011 and is not expected to
have a material impact on Cerner's 2011 financial results. Pickard will join
Cerner effective upon closure of the transaction.
About Cerner
Cerner is contributing to the systemic change of health and care delivery. For
more than 30 years Cerner has been executing its vision to make health care
safer and more efficient. We started with the foundation of digitising paper
processes and now offer the most comprehensive array of information software,
professional services, medical device integration, remote hosting and employer
health and wellness services. Cerner systems are used by everyone from
individual consumers, to single-doctor practices, hospitals, employers and
entire countries. Taking what we've learned over more than three decades,
Cerner is building on the knowledge that is in the system to support
evidence-based clinical decisions, prevent medical errors and empower patients
in their care.
Cerner(r) solutions are licensed by approximately 9,000 facilities around the
world, including more than 2,600 hospitals; 3,500 physician practises covering
more than 30,000 physicians; 500 ambulatory facilities, such as laboratories,
ambulatory centers, cardiac facilities, radiology clinics and surgery centers;
800 home health facilities; 40 employer sites and 1,600 retail pharmacies.
Certain trademarks, service marks and logos (collectively, the 'Marks') set
forth herein are owned by Cerner Corporation and/or its subsidiaries in the
United States and certain other countries throughout the world. All other
non-Cerner Marks are the property of their respective owners. Nasdaq: CERN. For
more information about Cerner, please visit www.cerner.com, Twitter, Facebook
and YouTube.
About Clairvia
Clairvia, Incorporated serves more than 400 health care organizations, medical
facilities, nursing departments, and group practices with advanced software
solutions for patient and staff management. Clairvia(r) Care Value Management
(CVM) is a comprehensive software suite that empowers health care providers to
deliver the right caregivers to each patient--at the right time--to achieve the
next desired level of wellness. In more than 200 successful implementations,
Clairvia CVM has driven measurable improvements in quality of care, patient
safety, patient throughput and financial performance, as well as patient,
staff, and physician satisfaction. The complete Clairvia CVM offering includes
the following software solutions:
-- CVM Staff Manager
-- CVM Demand Manager
-- CVM Patient Progress Manager
-- CVM Care Cost Manager
-- CVM Outcomes-Driven Patient Acuity
-- CVM Demand-Driven Patient Assignment
-- CVM Care Value Analytics
-- CVM ShiftAlert Mobile
-- CVM Mobile Connect
This release contains forward-looking statements that involve a number of risks
and uncertainties. It is important to note that the Company's performance, and
actual results, financial condition or business could differ materially from
those expressed in such forward-looking statements. The words 'will be', 'will
allow', 'forecasted', 'anticipated' and 'not expected' or the negative of these
words, variations thereof or similar expressions are intended to identify such
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to: the possibility of product-related
liabilities; potential claims for system errors and warranties; the possibility
of interruption at our data centers or client support facilities; our
proprietary technology may be subject to claims for infringement or
misappropriation of intellectual property rights of others, or may be infringed
or misappropriated by others; risks associated with our recruitment and
retention of key personnel; risks inherent with business acquisitions; risks
associated with the ongoing adverse financial market environment and
uncertainty in global economic conditions; changing political, economic and
regulatory influences; government regulation; significant competition and
market changes; and, failure to reach the intended synergies. Additional
discussion of these and other factors affecting the Company's business is
contained in the Company's periodic filings with the Securities and Exchange
Commission. The Company undertakes no obligation to update forward-looking
statements to reflect changed assumptions, the occurrence of unanticipated
events or changes in future operating results, financial condition or business
over time.
CONTACT: Media Contact:
Ellie Banner-Ball
+44 203 180 4351
ellie.banner-ball@cerner.com
Investor Relations Contact:
Allan Kells
(816) 201-2445
akells@cerner.com
News Source: NASDAQ OMX
07.10.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Cerner Corporation
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US1567821046
WKN:
End of Announcement DGAP News-Service
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