Cerner Corporation was founded by Neal Patterson, Paul Gorup, and Cliff Illig, who were all colleagues at Arthur Anderson, in 1979. The company’s original name was PGI & Associates.
The company changed its name to Cerner in 1984 when it released its first product, an IT system designed to automate healthcare processes.
Today Cerner Corporation develops and markets software systems which help to improve health care processes, reduce waste, and reduce errors. Software produced by Cerner integrates financial, clinical, and administrative information applications.
Cerner’s products are licensed by 14,000 facilities worldwide, including hospitals, physician practices, physicians, ambulatory facilities, home health facilities, employer sites, and retail pharmacies.
The company trades publicly on the NASDAQ under the ticker symbol CERN, is a member of the S&P 500, is #742 in the Fortune 1000, has 14,200 employees, and had $3.18 billion in revenue in 2014.