Mayo’s Epic implementation will cost upwards of $1B over 5 years

With news of Rochester, Minn.-based Mayo Clinic’s selection of Epic’s EHR came word the hospital would team up with the vendor to build a hardware infrastructure for the implementation that would cost about $6 million. Now, Mayo is reporting it expects to spend more than $1 billion over the next five years to get the EHR up and running, according to the Minneapolis/St. Paul Business Journal.

Advertisement

Mayo is making the switch to Epic from Cerner and GE. Although the system’s annual report didn’t include contract details, it expects to drop $1.5 billion on the implementation and infrastructure in the coming years. 

More articles on EHRs:

Internal medicine residents spend 5 hours per day on EHR data entry
What Epic & Cerner are doing for interoperability: 11 observations
Epic, Cerner, MEDITECH & dozens more make interoperability pledge at HIMSS16: 5 things to know

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.