AdventHealth's Epic install expenses hit $355M last year

Altamonte Springs, Fla.-based AdventHealth continued efforts to implement Epic EHR across its system last year, and aims to finish the final two waves of go-lives in the first and third quarters of 2023.

Terry Shaw, president and CEO of AdventHealth, touched on its One Epic journey to unify the health system's EHR during his presentation at the J.P. Morgan Healthcare Conference in early January. The health system includes 51 hospitals, more than 100 ambulatory sites and 35-plus post-acute sites.

AdventHealth first announced plans to transition to the Epic EHR in February 2020 and said a year later the project was expected to cost around $660 million. Mr. Shaw reported the Epic implementation expenses for 2022 through November were $355 million. Excluding Epic, the health system reported 9.3 percent EBITDA and 3.5 percent operating margins for 2022.

So far the health system has 80 percent of its revenue base on Epic.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars