The ABCs of systemic healthcare reform - Cerner Corporation

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(15) Quarterly Results (unaudited) Selected quarterly financial data for 2008 and 2007 is set forth below: (1) Includes margin of $28.6 million related to the Company’s contract in London as part of the National Health Service (NHS) initiative to automate clinical processes and digitize medical records in England. This represents a one-time catch-up resulting from a change in accounting estimate and the ability to separate the support services element of the contract. The after tax effect of this item increased fourth quarter 2008 net earnings and diluted earnings per share by $20.6 million and $0.24, respectively. 84
Stock Price Performance The following graph presents a comparison for the five-year period ended December 31, 2008 of the performance of the Common Stock of the Company with the NASDAQ Composite Index (US Companies) (as calculated by The Center for Research in Security Prices) and the NASDAQ Computer/Data Processing Group (as calculated by The Center for Research in Security Prices): The above comparison assumes $100 was invested on December 31, 2003 in Common Stock of the Company and in each of the foregoing indices and assumes reinvestment of dividends. The results of each component issuer of each group are weighted according to such issuer’s stock market capitalization at the beginning of the year. 85
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The ABCs of systemic healthcare ref
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ANNUAL REPORT 2008 1
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Board of Directors Neal L. Patterso
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To Cerner’s Shareholders, Clients
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As we have communicated, our long-t
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Key provisions of the ARRA designat
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most of our healthcare spending rel
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Appendix: Cerner’s Business Model
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that have allowed us to continue me
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A key point regarding our margin ex
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ANNUAL REPORT 2008 FORM 10-K 21
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PART I Item 1. Business Overview Ce
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total hours of effort needed to imp
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warranties concerning material erro
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known and unknown liabilities; 7) w
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Certain of our competitors have gre
Page 35 and 36: In July 2007, we entered into a lea
Page 37 and 38: Item 6. Selected Financial Data (1)
Page 39 and 40: Results Overview In a challenging e
Page 41 and 42: dispensing devices. Included in 200
Page 43 and 44: London which significantly enhances
Page 45 and 46: Net interest income was $1,269,000
Page 47 and 48: Liquidity and Capital Resources The
Page 49 and 50: The effects of inflation on the Com
Page 51 and 52: interest rates regularly reset ever
Page 53 and 54: PART III Item 10. Directors, Execut
Page 55 and 56: PART IV Item 15. Exhibits and Finan
Page 57 and 58: 10(r) 10(s) 10(t) 10(u) Cerner Corp
Page 59 and 60: Report of Independent Registered Pu
Page 65 and 66: (1) Summary of Significant Accounti
Page 67 and 68: Deferred revenue is comprised of de
Page 69 and 70: (n) Goodwill and Other Intangible A
Page 71 and 72: amounts that include the amounts at
Page 73 and 74: The Company performs ongoing credit
Page 75 and 76: The aggregate maturities for the Co
Page 77 and 78: Concurrently with the recognition o
Page 79 and 80: exercise and associate departure be
Page 81 and 82: own directly or indirectly, or hold
Page 83 and 84: The effective income tax rates for
Page 85: Accounting policies for each of the
Page 92: World Headquarters Cerner Worldwide
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The ABCs of systemic healthcare reform - Cerner Corporation

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