Cerner to Acquire IMC Health Care, Inc. - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Mergers & Acquisitions
Newswires RSS Get our newsletter
Order Prints
December 18, 2009 Newswires
Share
Share
Post
Email

Cerner to Acquire IMC Health Care, Inc.

Copyright:  GlobeNewswire, Inc.
Source:  GlobeNewswire
Wordcount:  unknown

KANSAS CITY, Mo., Dec. 18, 2009 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq:CERN) announced it has reached an agreement to acquire IMC Health Care, Inc., a provider of employer sponsored on-site health centers. The acquisition will expand Cerner's employer health initiatives, such as on-site employer health centers, pharmacies and wellness programs. Building upon IMC Health Care's history in providing exceptional on-site employer health centers and strong occupational health expertise, this acquisition will strengthen Cerner's position as a provider of comprehensive employer health services. There are approximately 7,600 corporations in the U.S that could potentially benefit from on-site employer health services.

"Cerner continues to be committed to working closely with employers to bend the healthcare cost curve, improve health outcomes and achieve a high level of employee satisfaction," said Zane Burke, Cerner senior vice president. "IMC Health Care has a tremendous record of delivering on-site healthcare services to its employer clients and we believe our strengths can be combined to uniquely fulfill these needs in the employer market."

In an effort to better control healthcare costs, Cerner has been a self-insured corporation for more than 20 years and has a wholly-owned subsidiary that has served as its third-party administrator since 2006. In 2006, the company expanded its employer offerings and opened a primary care clinic on its world headquarters campus in Kansas City, Mo. Among services offered to Cerner employees and dependents are primary care services, pharmacy, chronic condition management and wellness programs, an electronic health record and secure messaging capabilities with providers.

IMC Health Care currently serves 15 employer clients and operates 23 employee health centers across the U.S. Some of these employer clients are: Albany International, ATI Allvac, American Axle & Manufacturing, Dr. Pepper Snapple Group, Campbell Soup Company, StockPot, Cryovac, Jayco, Kia Motors Manufacturing Georgia (KMMG), Publix Super Markets, Sea Ray Boats and Toyota Industrial Equipment Manufacturing.

With this diverse employer client base, including a large occupational health footprint, Cerner will now have the opportunity to expand its offerings to other employers and increase the capabilities for existing IMC Health Care clients.

"IMC is excited to be able to offer our existing clients the 30 years of expertise in healthcare innovations that Cerner brings to the table," said Todd Keller, IMC Health Care founder and CEO. "Cerner's commitment to helping employers drive down the cost of healthcare is vital to the growth and sustainability of our economy."

The acquisition is expected to close in the first quarter of 2010 and will not have a material impact on Cerner's 2010 financial results. Don Stubbs, IMC Health Care senior vice president of business development and Tom Neville, IMC Health Care senior vice president of operations will join Cerner and help lead Cerner's employer health initiatives.

About Cerner

Cerner is transforming healthcare by eliminating error, variance and waste for healthcare providers and consumers around the world. Cerner(R) solutions optimize processes for healthcare organizations ranging in size from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, and for the healthcare commerce system. These solutions are licensed by more than 8,000 facilities around the world, including approximately 2,100 hospitals; 3,300 physician practices covering more than 30,000 physicians; 500 ambulatory facilities, such as laboratories, ambulatory centers, cardiac facilities, radiology clinics and surgery centers; 600 home-health facilities; and 1,500 retail pharmacies. The following are trademarks of Cerner: Cerner and Cerner's logo. Nasdaq:CERN. For more information about Cerner, please visit our Web site at www.cerner.com.

About IMC Health Care, Inc.

IMC Health Care, Inc. is a leading innovator of company sponsored on-site employee health centers. For more than 20 years, IMC has been helping corporate America lower healthcare costs by bringing healthcare into the worksite. IMC sets the standard for high quality healthcare delivered in a convenient and cost effective model. IMC's unique ability to create customized health centers to match each client's unique culture and specific needs sets them apart. Services include: primary care, occupational care, wellness and prevention, pharmacy and more, all delivered at the worksite for employees and dependents.

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", "could", "potentially", "believe" and "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: 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 related to our reliance on third party suppliers; risks inherent with business acquisitions; changing political, economic and regulatory influences; government regulation; significant competition and market changes; risks associated with the ongoing adverse financial market environment and uncertainty in global economic conditions; and, failure of the parties to achieve the intended benefits. 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.

 CONTACT:  Cerner Corporation           Media Contact:           Kelli Christman             (816) 201-0727             [email protected]           Investors Contact:           Allan Kells             (816) 201-2445             [email protected] 

Older

Some Life Insurance Rates Remain at All-Time Lows as Prices Increases Continue

Advisor News

  • Tax anxiety is real, although few have a plan to address it
  • Trump targets ‘retirement gap’ with new executive order
  • Younger investors are engaged and advisors must adapt
  • Plugging the hidden budget leaks of retirement
  • Hagens Berman: Retired First Responders Sue Washington State over Rights to $3.3B Pension Funds Threatened by Lawmakers
More Advisor News

Annuity News

  • Transamerica introduces new RILA with optional income features
  • Transamerica introduces RILA with optional income features
  • American Life expands into Wyoming and Mississippi markets
  • Knighthead Life Enters U.S. Fixed Indexed Annuity Market
  • The case for DTC/agent hybridization
More Annuity News

Health/Employee Benefits News

  • Florida state employee health insurance premiums frozen for 2026-27
  • Health insurer settles $5M ‘deceptive marketing’ lawsuit with Mass. AG
  • Why are rates going up?
  • REPUBLICANS DID THAT: Millions of Americans Drop ACA Coverage After GOP Allowed Tax Credits to Expire
  • SchoolCare ordered to continue covering Dover school employees
More Health/Employee Benefits News

Life Insurance News

  • National Life Group Names Jason Doiron CEO of NLG Capital to Lead the Next Phase of Growth
  • Life insurance sales surge 7% in 2025, but the work isn’t over
  • The case for DTC/agent hybridization
  • Ann Heiss
  • Convertible market dynamics and the portfolio implications for insurers
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet