Your Tech Story

IT

cerner corporation

Cerner Corporation – Merging Healthcare and IT.

For the past forty years, Cerner Corporation has worked at the crossroads of health care and information technology to link individuals and systems all over the globe. They use the latest technology to develop solutions that empower communities and people to take charge of their own health. Their tools are designed to work today while also pondering about tomorrow, whether or not they are supporting the clinical, financial, or operational areas of a hospital or health system.

Establishment of the Cerner Corporation


Cerner Corporation was founded in 1979 through Arthur Andersen’s colleagues Neal Patterson, Paul Group, and Cliff Illig. Its authentic name became PGI & Associates, however, when it released its first machine, PathNet, in 1984, it was renamed Cerner. In 1986, it went public. Cerner’s customer base step by step multiplied in the late 1980s, achieving 70 sites in 1987, 120 sites in 1988, 170 sites in 1989, and 250 sites in 1990. Cerner was operating on additives of a Health Network Architecture (HNA), an incorporated IT machine designed to automate health care processes, at the time. Clients could purchase individual components or the complete machine all at once. By 1994, more than 30 customers had purchased the complete HNA machine, with another 100 purchasing more than one component of the machine.

cerner corporation
Image Source: fortune.com


Cerner bought IMC Health Care, Inc. in early 2010 in order to keep expanding its health offerings to industrial employers, pharmacies, and health applications outside of Cerner.
Cerner Corporation announced its intention to purchase Siemens Health Services, Germany’s Siemens AG’s health information technology business, for $1.3 billion on August 5, 2014. On February 2, 2015, the acquisition was completed.
On July 29, 2015, the Leidos Partnership for Defense Health, comprised of Cerner, Accenture, and Leidos, was awarded a 10-year, $4.3 billion contract to overhaul and manage the Department of Defense’s electronic health records.


The Company’s Offerings


Command Center
The need for situational awareness in health care systems has never been greater. The Cerner Command Center Dashboard uses near real-time data and predictive analytics to give health systems a clear view of critical resources like staffed bed capacity, care demand, and equipment – information that leaders use to anticipate and respond to patient needs. The Cerner Command Center dashboard provides actionable data insights to enable effective resource and process management in order to improve health system operations.
Cerner’s best practices for staffing and patient throughput processes, Cerner model system for integrated and automated workforce management and capacity management solutions, AWS cloud, predictive intelligence, and machine learning, and integration across Cerner platforms can all be used by the Cerner Command Center to help reduce operational costs.


HealtheReferrals
HealtheReferrals supports provider organizations, throughout any EHR and payer, in the growth and retention of patients. The product targets patients with a configurable patient-supplier algorithm which includes factors such as specialty, insurance networks, proximity to patients, and network members. The product is the most appropriate in-network provider. It also offers analytical and referral coordination capabilities to help ensure transparency through employee and affiliate networks.
The average person influences household healthcare expenditure in excess of 1,5 M$, all references count. Cerner realizes that it is critical for the health of an organization to improve margins and lower risk and provide cost-effective care. HealtheReferrals is committed to providing providers and managers with the information they need to achieve these goals, independently of EHR.


Neal Patterson, The Founder


Neal Patterson has been CEO of Cerner for 38 years, an enterprise which he co-founded in 1979 with two colleagues. Patterson was a long-time CEO of the country. With revenues of 4,8 billion US dollars in 2016 and over 25,000 employees around the world, Cerner is currently the world’s largest independent information technology provider.

Patterson was posthumously brought to the Hall of Fame in 2019 and appointed as the International Entrepreneur of the Year by the Regnier Institute of Entrepreneurship and Innovation of the University of Missouri-Kansas.
On a farm near Manchester, Oklahoma, Patterson was brought up. He obtained a Bachelor of Finance and a Masters in Business Administration from the Oklahoma State University.
As a result of the recent recurrent cancer, Neal L. Patterson died on 9 July 2017. He was 67 years old.


Brent Shafer, The CEO


Brent Shafer, Chief Executive of Cerner, is responsible for the company’s market-oriented business units, consumer brands, key strategic relations, and priority business initiatives and is responsible for developing and expanding these business units.
Shafer has been CEO of Philips North America, where she has supervised the portfolio of health technology that includes a wide range of solutions and services inpatient surveillance, imaging, clinical computer technology, sleep, and respiratory services as well as a group of leading consumer brands. Shafer previously served as the CEO of Philips’ global Home Healthcare Solutions division.

Shafer possesses extensive experience building innovative value-based business models. He has contributed to the growth of a complex multinational organization for a number of years as a senior leader with Philips. He is also a member of the Healthcare Leadership Council which brings together health leaders of the nation to develop policies, plans, and programs to implement their vision of a system that provides all Americans with affordable, high-quality care. He received a Bachelor’s degree from the University of Utah.

IBM

The Father of Trusts: How Charles Flint’s IBM Changed Computing

If you ever owned a desktop, used an ATM or Hard disk, chances are you used an IBM technology. The International Business Machines Corporation or IBM has been in the business for over a century with connections in over 170 countries. This American giant is one of the world’s largest manufacturers of computer hardware. So how did the company grow to become one of the biggest employers in the world? Here’s a look at the growth of IBM, and how the company changed the world.

Nicknamed Big Blue, IBM is a part of the Dow Jones Industrial Average and employs over 350,000 employees. The company is a research giant with employees having won Nobel Prizes, Turing Awards, and National Medals. All of this came to be thanks to a serial investor who had great business sense.

About the Founder

Charles Ranlett Flint was born in 1850 in Maine. The family soon moved to New York, where his father worked as the manager of a firm called Chapman & Flint. The family was business was set up in 1837, and served as a mercantile firm dealing in loans and fiscal help. Flint finished his graduation from the Brooklyn Polytechnic Institute in 1868, and two years later entered the shipping business. His first venture was as a partner in the firm Gilchrest, Flint & Co., which later became W.R. Grace & Co.
Between the years 1876 and 1879, he also served as the head Chilean consul at New York, and as a consul general for Nicaragua.

Image Source: Google

He brought several companies together via a merger and formed U.S. Rubber in 1892. A year later, he helped manufacture naval ships for the Brazilian Republic. He also helped Japan in the First Sino-Japanese War by getting them ships. His business acumen kept growing as he learned the ways of the trade. In 1899, he established American Chicle by merging Chiclets, Beemans, Dentyne and Adams Chewing Gum. He also played a part in the forming of American Woolen in the same year. But his greatest invention came a decade or so later.

Beginnings of IBM

Flint changed the way the world worked by forming the Computing-Tabulating-Recording Company in 1911. The company came to be via the merger of four different companies. This Goliath would later grow to become IBM, the company that revolutionized the field of personal computing! A decade later, CTR would rename itself International Business Machines, and the rest is history. Flint continued to work as a part of the board of directors at IBM until 1930.

Growth of IBM

Initially, the company made machinery like time recorders, slicers, and tabulators. After Thomas J. Watson, Sr became the President, the company went huge, bringing in $9 million, which is worth $130 million today every year.

The company also expanded to Europe, Asia, and Australia. Watson was also responsible for re-christening the Computing-Tabulating-Recording Company to International Business Machines. By 1937 IBM’s equipment was helping companies deal with massive amounts of data. They helped the US Government maintain employee records, and the names of Nazi sympathizers, during the 1940s.

Thomas Watson, Sr., stepped down in 1952, after 40 glorious years, and his son took over. By 1956 the company started working on artificial intelligence through IBM 704 and within a year, they developed FORTRAN. IBM was also responsible for the development of the highly successful Selectric typewriter. During the 1960’s IBM helped NASA with their logistics and was a part of the Gemini and Saturn flights.

Computer Revolution

They came out with the first PC in 1964, called the IBM System/360, following it up with the IBM System/370 in 1970. Both these models were responsible for making the concept of mainframe computing popular around the world. In 1993 IBM posted a US$8 billion loss which was the highest loss by an American company at the time. But the company turned its fortunes around through smart decision making.

In 2005 Lenovo acquired rights to IBM’s PC business and switched over to software development by acquiring SPSS Inc. The company celebrated its 100th anniversary in 2011, and bought SoftLayer Technologies, for $2 billion. They are now working in partnerships with several companies such as Apple Inc., Twitter, Cisco, and Facebook.

Flint’s fluency with handling financial dealings, earned him the nickname Father of Trusts. Honestly, if not for Flint, the world would still be decades behind with respect to computing technology. The company he formed changed the way people looked at personal computing. In many ways, Flint was responsible for starting the Digital Age, which we all cherish and celebrate!

In 2005 Lenovo acquired rights to IBM’s PC business and switched over to software development by acquiring SPSS Inc. The company celebrated its 100th anniversary in 2011, and bought SoftLayer Technologies, for $2 billion. They are now working in partnerships with several companies such as Apple Inc., Twitter, Cisco, and Facebook.

Flint’s fluency with handling financial dealings, earned him the nickname Father of Trusts. Honestly, if not for Flint, the world would still be decades behind with respect to computing technology. The company he formed changed the way people looked at personal computing. In many ways, Flint was responsible for starting the Digital Age, which we all cherish and celebrate!