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December 1, 2023
IT issues affecting health system financials
Beckers Hospital Review
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Contributed by: Bill Russell
Summary
Nashville's HCA Healthcare and New Hyde Park's Northwell Health may face financial struggles due to IT problems. Northwell's recent IT investments in EHR, digital health services, and telehealth have led to a 9% increase in operating expenses. Despite this, Northwell reported a 8.9% rise in operating revenue. Meanwhile, HCA Healthcare's future earnings could be impacted by their use of certified electronic health record technology and interoperability requirements.
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