Lahey Health (LH)
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Burlington hospital expansion includes buying a $160 million EHR System
Lahey Health plans to spend over $170 million on its hospital facilities, with a new $162 million electronic medical records system as the centerpiece. Read More »
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Burlington Hospital to Acquire Costly Proprietary EHR System
Like many others, Burlington Hospital chooses to buy $160 million proprietary electronic health record (EHR) system, versus considering the use of the award winning free and open source VistA system developed by the U.S. Department of Veterans Affairs (VA). The VA was honored to have its integrated health care system of hundreds of hospitals and clinics on the '2013 Most Wired Hospitals' list for the first time ever. Read More »
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Independent Hospitals Disappearing In Ohio
University Hospitals announces its intent to acquire one of two of the last independent hospitals in northeast Ohio while consolidation continues in Massachusetts and New York City. Read More »
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Lahey Health to lay off 130 workers at three hospitals
Lahey Health, the Burlington-based hospital network, is laying off 130 people at three hospitals and cutting the pay of top executives as it moves to close a budget gap. ...Lahey said Wednesday that it lost $21 million during the six months that ended March 31 because it spent more than anticipated on the rollout of a new software system and lost business during the harsh winter as patients canceled appointments. It also blamed what it called low reimbursements from public and private insurers that did not cover the full cost of delivering care to patients...
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Part of Lahey Health layoffs due to cost of EHR rollout
On Wednesday, Burlington, Mass.-based Lahey Health announced it is laying off 130 people at three hospitals to help close the budget gap. In the six months ended March 31, Lahey Health reported losing $21 million, partly due to lost business during the winter's fierce snowstorms and partly due to its EHR implementation, which cost the system more than it expected, according to a Boston Globe report. Joanne Conroy, MD, CEO of Lahey Hospital & Medical Center, told Boston Business Journal the hospital was completing a two-year process of implementing Epic's EHR and patient portal, a project costing the hospital $160 million.
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