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Fierce Health Payers February 10, 2021
With slowing growth in the medical records software market, Cerner is eyeing opportunities in its data business, including in the clinical research space.
Cerner announced plans in December to acquire the health division of Kantar Group, which provides data, analytics and research to the life sciences industry, for $375 million.
The addition of Kantar Health is a strong complement to Cerner’s existing data-as-a-service business and represents a meaningful entrance into the pharmaceutical market, said Cerner Chief Financial Officer Marc Naughton during the company’s fourth-quarter and full-year 2020 earnings call.
During the annual J.P. Morgan healthcare conference in January, Cerner executives said the health IT company was setting its sights on building a $1 billion data business for the healthcare and...
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