Cerner to Acquire Clairvia
October 07, 2011
Cerner to Acquire Clairvia
Expands Cerner’s offerings in health care
workforce management and
cloud-based predictive algorithms
KANSAS
CITY, Mo. — Oct. 7, 2011 — Cerner Corporation (Nasdaq: CERN)
announced it has reached an agreement to acquire Clairvia, an organization that has spent more than a
decade developing health care workforce management solutions, including Care Value Management™ and Physician Scheduler™. Clairvia’s software
applications and predictive models enable health care organizations 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, reimbursements and cost control.
Clairvia’s solutions are currently utilized by
more than 400 organizations throughout the world, ranging in size from large health
care systems to specialty physician practices.
These clients utilize a variety of electronic health record (EHR)
systems, as Clairvia’s solutions are EHR-system agnostic and integrate with
numerous platforms, including Cerner
Millennium®. The Care Value Management suite will be integrated
into Cerner’s broader cloud-based and interoperability platforms, Cerner Healthe Intent™ and CareAware®,
which will allow Cerner to offer a comprehensive suite of resource management
solutions.
“Health care worldwide
is experiencing a resourcing deficit that is forecasted to grow dramatically in
the next several years,” said Jeff Townsend, Cerner executive vice president
and chief of staff. “The fundamental supply of staff and other assets simply
cannot meet rising patient demand. Clairvia’s predictive models driven by EHR
data not only cut costs by aligning the right resource at the right time but,
more importantly, optimize patient outcomes. With this acquisition, we are solidifying our commitment to the workforce
management marketplace and interoperable cloud-based solutions that focus on providing
positive clinical, operational and financial returns for our clients.”
“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 organizations 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 digitizing 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® solutions are licensed by approximately
9,000 facilities around the world, including more than 2,600 hospitals; 3,500
physician practices 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.
Media Contact: Kelli Christman, (816) 885-4342, kelli.christman@cerner.com
Investor Relations Contact: Allan Kells, (816) 201-2445, akells@cerner.com
About Clairvia
Clairvia,
Incorporated serves more than 400 healthcare organizations, medical facilities,
nursing departments, and group practices with advanced software solutions for
patient and staff management. Clairvia® Care Value Management (CVM)
is a comprehensive software suite that empowers healthcare 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.
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