Northwell blames increased operating expenses on 3 IT issues

New Hyde Park, N.Y.-based Northwell Health pointed to IT investments in its EHR, digital health services, and telehealth as part of the reason its operating expenses grew 9% in the nine-month period ending Sept. 30. 

Advertisement
Noah Schwartz

In March, the health system announced it was switching from Allscripts to Epic. The first go-live for the new EHR system is expected to happen in 2025.  

Despite the jump in operating expenses, operating revenue grew by 8.9% in the same period, according to Northwell financial documents.

How Deborah Heart and Lung cut device clinic workload — and added $663K in annual revenue

Recommended Whitepaper

Advertisement

Next Up in Health IT

  • Top 5 EHRs for workflow efficiency

    Eighty-five percent of hospitals rank workflow efficiency as the top driver of EHR satisfaction, Black Book Research reported. Here are…

    By: Giles Bruce

  • Cedars-Sinai backs AI startup

    Cedars-Sinai Ventures is investing in an AI startup focused on structural heart care, Columbus (Ohio) Business First reported. The venture…

    By: Giles Bruce
Advertisement

Comments are closed.