Becker's Healthcare September 19, 2024
The ransomware attack targeting St. Louis-based Ascension in May affected operations and the health system’s revenue, according to the health system’s fiscal year 2024 documents.
Ascension revealed its fourth quarter fiscal year results Sept. 17, reporting $1.8 billion operating margin loss including the impact of the cyberattack. The health system reported revenue loss from the ransomware attack and incurred extra costs to remediate the issue in addition to other business-related expenses.
The health system temporarily shut down its EHR during the incident and reverted to established downtime protocols. Ascension has since restored its EHR and clinical workflows, operating as normal since mid-June.
“Ascension has made significant progress towards and continues to remediate and restore all additional systems. Our investigation and...
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