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EHRs / Interoperability

Here is how much 12 hospitals and health systems are expected to pay for purchasing, installing and upgrading a new or current electronic health record system in 2023, as reported by Becker's:

In 2024, EHR vendor Meditech told Becker's the company is steering its efforts toward crafting sustainable and scalable solutions to tackle healthcare's most pressing challenges, such as workforce issues, financial pressures and the escalating demand for care.

Cleveland-based University Hospitals expects its Epic install to cost about $400 million, a significant drop from the $600 million it had initially budgeted, according to financial documents published Dec. 14. 

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EHR giant Epic is utilizing predictive models within its workflows with the goal of allowing clinicians to release operating room time they are not using.

Epic Nexus, a subsidiary of Epic, has become one of the initial organizations to receive the Qualified Health Information Network designation.

Approximately half of Cerner's Millennium customers, focused on automating hospitals much like Epic, are expected to transition to Oracle Cloud Infrastructure by February, Larry Ellison, chief technology officer of Oracle, said in a Dec. 11 earnings call.

Since a new EHR system can be so costly, hospital IT executives told Becker's that the key to a successful EHR install is collaboration and keeping the focus on the patient.

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