Cerner tops Star 40; others in economic ‘sweet spots’ also doing well

It was a safe bet that Cerner Corp. would once again lead the The Star’s rankings as the region’s top-performing public company. Cerner, the nation’s second-largest company that helps hospitals and doctors’ offices convert paper files into computerized medical records, is in a sweet spot. Other top-ranked companies here do business in areas that have an edge: energy, rail transit and online government services.

Star 40: Wealth soared in 2012 for KC companies' executives

The already-hefty pay packages of many public-company executives bulged last year, thanks to higher values of their company stocks. Million-dollar base salaries – as paid to Cerner Corp. CEO Neal Patterson (pictured) and Waddell & Reed Financial CEO Hank Herrmann – are only the beginning. For most of the bigger-company CEOs, stock awards, options and “non-equity incentive” compensation dwarf their base pay.

Star 50* Top 5 | Cerner thrives as health care digitizes

Cerner Corp., our top company this year, is making quite a name for itself in records. As in record revenues, record earnings, record market value. It continues to break new ground as it thrives in helping the health care industry adopt electronic recordkeeping. The push for digital medical records stems from federal requirements on hospitals and clinics to modernize if they want to qualify for financial incentives.

How we do the Star 50* rankings

The Star 50* formula focuses on business basics, using yardsticks that measure any public enterprise’s success. This year’s rankings mark the 12th year under our current method.