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Cerner Corp (CERN) Q4 2020 Earnings Call Transcript

Operator Welcome to Cerner Corporation s Fourth Quarter 2020 Conference Call. Today s date is February 10, 2021, and this call is being recorded. The company has asked me to remind you that various remarks made here today constitute forward-looking statements including, without limitation, those regarding projections of future revenues or earnings, operating margins, operating and capital expenses, bookings, new solutions, services and offering development and capital allocation plans, cost optimization and operational improvement initiatives, future business outlook, the expected benefits of our acquisitions, divestitures or other investments or collaborations and the expected impact of the COVID-19 pandemic. Actual results may differ materially from those indicated by the forward-looking statements.

Chutes & Ladders—Cerner, Providence name new CFOs; Aetna gets chief medical officer

Providence health system effective immediately. Hoffman has been serving as interim CFO since August. Hoffman most recently served as chief transformation officer at Providence, and officials credited him with effectively shepherding the health system s financials in the second half of 2020 amid challenges presented by COVID-19. Providence also announced two new regional leadership roles responsible for the northern and southern portions of Providence s seven-state footprint to report to  Rod Hochman, M.D., president and CEO of Providence.  Lisa Vance, chief executive of Oregon, will take on a new role as president of operations and strategy for the northern regions that Providence serves: Alaska, Oregon, Washington and Montana. She will continue to serve as chief executive of Oregon.

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