Hurt by EHR costs, Allegheny Health Network posts $17.8M operating loss

Pittsburgh-based Allegheny Health Network recorded an operating loss of $17.8 million in the first quarter of 2016, compared to a $9.7 million loss in the same period a year prior.

AHN spokesman Dan Laurent told the Pittsburgh Post-Gazette that the shortfall in the first quarter was largely driven by one-time costs associated with the launch of an EHR system.

A decrease in patient volumes also took a toll on the system's finances. Volumes were down 7 percent year over year in January. However, patient volume has begun to rise, and the system saw a 4 percent year-over-year increase in volume in March, Mr. Laurent told the Post-Gazette.

AHN recorded a net loss of $20.6 million in the first quarter of 2016. The system had projected a $9.4 million net loss for the period.

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