The 2 health IT issues affecting HCA’s bottom line

After raising its guidance for 2023 in its second-quarter earnings, Nashville, Tenn.-based HCA Healthcare said that the July data breach and the health system’s ability to get value from its EHR could affect its future earnings.

Advertisement

The data breach affected 11 million patients and 171 hospitals. A recent study found that healthcare breach costs have increased 53.3 percent since 2020. 

HCA also said that the “impact of interoperability requirements” for its EHR technology could also affect future earnings, according to a July 27 HCA news release.

The health system reported $15.9 billion in revenue for the second quarter.

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.

Register to Attend Webinar

The hidden cost of lost clinical time and how leading health systems are responding

Friday, August 7
12:00 PM - 1:00 PM CDT

Presenters: Kassaundra McKnight-Young, Zebra TechnologiesGregory Carras, Zebra TechnologiesJennifer Gene, Levata

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.