Cerner Corporation

Mid Continental Public Record

Editorial estimate, not verified fact — Disclaimer

Electronic health record software and healthcare IT systems provider

Data Confidence: 84% · Sources: 5 · Last Updated: Sep 18, 2026

Net Worth ▲: $28.3B
Reach ▲: 150.0M people
Power ▲: Controlled clinical software infrastructure across more than 27,000 healthcare facilities in 35 countries, generating $5.76 billion in annual revenue prior to its acquisition.
Influence ▲: Held roughly 28% of the U.S. hospital electronic health record market, directly shaping digital workflows and record-keeping for millions of clinical patient encounters.
Network ▲: Maintained major institutional contracts with healthcare organizations globally as well as key government bodies, including the U.S. Department of Veterans Affairs and the U.S. Department of Defense.
Legacy ▲: Pioneered laboratory and hospital digitization through software suites like PathNet and Cerner Millennium before being acquired by Oracle Corporation in a $28.3 billion transaction in 2022.
Trajectory ▲: Stable — first assessment on record.

About

Cerner Corporation was a prominent healthcare technology company that developed electronic health record platforms and clinical software systems. Founded in 1979 by Neal Patterson, Paul Gorup, and Cliff Illig, the firm expanded internationally to supply IT infrastructure to thousands of hospitals and health networks. In June 2022, Oracle Corporation acquired Cerner for $28.3 billion and subsequently integrated it into Oracle Health.