Becker's Healthcare May 3, 2024
The purchase of a new Epic EHR has contributed to Cleveland-based University Hospitals’ operating losses in 2022 and 2023, Cleveland.com reported May 3.
The acquisition of the new EHR, along with rising employee expenses and inflation, were cited by University Hospitals as factors contributing to its second consecutive operating deficit. Over the past two years, University Hospitals has recorded losses exceeding half a billion dollars, marking a significant shift from its positive operating income reported in 2021.
In 2023, University Hospitals reported an operating deficit of $256 million,...
Today's Sponsors
Today's Sponsor