Cerner, the Kansas City-based electronic health record (EHR) vendor, has announced that it has officially completed its $1.3 billion acquisition of Siemens Health Services.
The deal, which was announced in August 2014, makes Cerner the top revenue-earning company among U.S. EHR vendors. Cerner says with the deal it will have 21,000 associates in more than 30 countries, 18,000 client facilities, including some of the largest health care organizations in their respective countries, $650 million of annual R&D investment, and a projected $4.8-$5 billion of annual revenue.