Cerner to Acquire Clairvia

Expands Cerner's Offerings in Health Care Workforce Management and Cloud-Based Predictive Algorithms


KANAS CITY, Mo., Oct. 7, 2011 (GLOBE NEWSWIRE) -- 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.

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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