Epic Systems Corporation (ESC)
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Allscripts Sues Epic and New York City’s Public Hospital System
One of the country’s largest providers of electronic medical records has lodged a complaint against New York City’s public hospital system for awarding a $303 million contract to a rival. Read More »
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Another NC Hospital Falls To Epic EHR Implementation Costs
Wake Forest Baptist Medical Center isn’t the only North Carolina hospital struggling with poor credit ratings and huge revenue gaps after attempting the installation of an Epic EHR system... Read More »
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Arizona Health System In The Red After Epic EHR Adoption
The University of Arizona Health Network is feeling the effects of its decision to implement an EHR from Epic Systems throughout the large health system.
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Audit Shows 2012-13 Fiscal Loss For Medical Center
Audited results are out for Wake Forest Baptist Medical Center’s fiscal 2012-13, showing a much greater loss than the unaudited results released to bondholders Aug. 29. Read More »
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Cone Remains 'Confident' In The Future Despite S&P Report
It’s been a tough year for Cone Health. The health care provider spent $90 million implementing an electrical medical records software system called Epic. It eliminated hundreds of jobs. It had to deal with Medicare and Medicaid reimbursement at the state and national level. Read More »
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Despite Cuts, Wake Forest Baptist Closes Fiscal Year With Loss
Wake Forest Baptist Medical Center posted an operating loss of $55.2 million to close out its fiscal year June 30 in what was close to a $100 million swing in operating income from the year before. Read More »
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Electronic Records Conversion Loss of 55.1 Million For Wake Forest Baptist
The rollout of the Epic electronic health records system contributed to a $55.1 million operational loss in fiscal 2012-13 for Wake Forest Baptist Medical Center, according to a financial report released Thursday. Read More »
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Epic EHR Adoption Debated In North Carolina’s Durham County
The Durham County Board of Commissioners has an Epic decision to make in the weeks ahead after representatives from the Lincoln Community Health Center (LCHC) and Duke University Health System (DUHS) proposed implementing a unified EHR system.
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Epic EHR Still Costing Wake Forest Baptist Medical Center
It may be about time that Epic EHRs come with a warning label that has nothing to do with systems themselves but everything to do with the costs incurred by healthcare organizations adopting solutions from Epic Systems and how they will affect their bottom lines during the earliest phases of implementation. Read More »
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Epic Installation Proves More Expensive
Bringing the total cost to $200 million, the parent company of Maine Medical Center will be spending tens of millions more on training for its problematic Epic electronic health record implementation. Read More »
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Epic To Open Source Code To OHSU
Epic Systems Corp. will help Oregon Health & Science University set up two laboratory installations of its EpicCare electronic health record on its servers for medical informatics education and research purposes. On the research side, the school will have access to Epic's source code. Read More »
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Epic, Cerner, InterSystems CEOs Make Forbes' List Of The 400 Richest People In America
Epic CEO Judy Faulkner is No. 243 and Cerner CEO Neal Patterson and Intersystem CEO Phillip Ragon are tied for No. 352 on The Forbes 400, an annual list of the richest Americans. Read More »
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Henry Ford Health System's Net Income Drops 15% In 2012
Henry Ford Health System, a five-hospital system based in Detroit, Thursday reported a 15 percent decrease in net income last year to $53.1 million from $62.9 million in 2011. Read More »
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In Groundbreaking Move For Health Trackers, Apple Teams With Mayo Clinic
In a move that propels mobile health apps and fitness trackers from a mostly amateurish realm into the formal health care setting, Apple AAPL announced that it is working with Mayo Clinic to integrate medical information via its platform HealthKit, a part of its new operating system iOS 8 for iPhones and iPads. Apple will consolidate heart rate, blood pressure, weight, and other data from disparate apps and devices, including Nike....
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Is HIT Interoperability In The Nature Of Healthcare?
The proprietary business model makes the vendor the single source of HIT for hospital clients. Complexity and dependence are baked into both solutions and client relationships, creating a “vendor lock” scenario in which changing systems seems almost inconceivable.
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