operational losses
See the following -
Epic EHR Still Costing Wake Forest Baptist Medical Center
It may be about time that Epic EHRs come with a warning label that has nothing to do with systems themselves but everything to do with the costs incurred by healthcare organizations adopting solutions from Epic Systems and how they will affect their bottom lines during the earliest phases of implementation. Read More »
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Epic Implementation Results In $55.1M Operational Loss For Hospital
The rollout of the Epic electronic health records system contributed to a $55.1 million operational loss in fiscal 2012-13 for Wake Forest Baptist Medical Center, according to a financial report released last week... Read More »
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McConnell: Wake Forest Baptist Cuts Necessary For Future Success
Wake Forest Baptist Medical Center is cutting 950 positions over the next eight months as a way to ensure its success as revenue from patient services and research grants dries up in the future, according to medical center CEO Dr. John McConnell. Read More »
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Wake Forest Baptist To Cut 950 Jobs
Wake Forest Baptist Medical Center announced Wednesday that it would eliminate 950 full-time positions by June 30 following a three-year review of "its cost structure, operating model and overall strategy." Read More »
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Wake Forest Baptist To Overhaul Operating Model, Strategy
Facing a possible gap between operating revenue and expenses of up to 20 percent by 2015, Winston-Salem-based Wake Forest Baptist Medical Center will soon take steps to overhaul its cost structure, operations and overall strategy as part of a continued effort to provide value-based, accountable care, according to a statement. Read More »
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