John McConnell
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Epic Program Rollout Hits WF Baptist Finances Hard
Wake Forest Baptist Medical Center is likely to finish the fiscal year in the red this summer after a rocky start for a new electronic medical records system. Read More »
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Hurting Financially, Wake Forest Baptist Adds Cost-Cutting Measures
Revenue declines along with the disruptive and costly implementation of a new electronic medical records system have forced Wake Forest Baptist Medical Center to take additional cost-cutting measures this year, according to its CEO, Dr. John McConnell. Read More »
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McConnell: Wake Forest Baptist Cuts Necessary For Future Success
Wake Forest Baptist Medical Center is cutting 950 positions over the next eight months as a way to ensure its success as revenue from patient services and research grants dries up in the future, according to medical center CEO Dr. John McConnell. Read More »
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Study: Hospitals in for rough ride in 2014
Not-for-profit hospitals are in for another rough economic ride in 2014, reflecting the cumulative impact of changing economic trends over the past six years and new financial and technology challenges. Read More »
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Wake Forest Baptist Medical Center Announces Cost-Cutting Measures Through June
The workforce at Wake Forest Baptist Medical Center is paying a paycheck price to make up for the financial shortcomings to date of its Epic electronic records system. Read More »
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Wake Forest Baptist To Overhaul Operating Model, Strategy
Facing a possible gap between operating revenue and expenses of up to 20 percent by 2015, Winston-Salem-based Wake Forest Baptist Medical Center will soon take steps to overhaul its cost structure, operations and overall strategy as part of a continued effort to provide value-based, accountable care, according to a statement. Read More »
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