Having been rebuffed in the UK, Cerner is making up for lost time and getting religion–snapping up its second big deal with a big Catholic chain in as many months. It already has a deal with the big mid-western Catholic chain Ascension. Now it’s announced a $137m deal with Catholic Healthcare West. The stock has more or less tripled in the last 8 months following a mauling after missing numbers last May, although it’s some way below its 2000 highs.
I assume their party at HIMSS this week will be serving the expensive brand of champagne.