Becker's Healthcare August 21, 2025
Hospitals and health systems are reporting financial losses tied to new EHR implementations.
New York City-based Memorial Sloan Kettering Cancer Center posted a $113.2 million operating loss in the first half of 2025, citing higher expenses and one-time costs from its Epic EHR rollout.
In an Aug. 15 news release, the cancer center reported an operating cash flow margin of 1.4%. Revenue rose 5.2% year over year, including a 3.9% increase in patient revenue, but expenses climbed 9.7%, driven by medical supplies, pharmaceuticals and Epic-related costs.
Patient activity declined in February and March after the Feb. 1 Epic go-live but rebounded in the second quarter, according to the release. Hospital leaders said Epic is a key part of the center’s...
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