HCA says 2 IT issues could affect future earnings

After reporting $16 billion in third-quarter revenue, Nashville, Tenn.-based HCA Healthcare said that the July data breach and the health system's ability to use its EHR could affect future earnings. 

The July data breach affected 11 million patients and 171 hospitals. The health system is now facing at least five lawsuits relating to the incident where a hacker stole data from an external storage location and posted it online. 

HCA also said that "our ongoing ability to demonstrate meaningful use of certified electronic health record technology and the impact of interoperability requirements" could determine future financial results.

CEO Sam Hazen said that the health systems results were negatively affected by its Valesco physician staffing venture. Mr. Hazen said Valesco performed "below our expectations."

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


Featured Whitepapers

Featured Webinars