Nearly a year after selecting Epic for its single, integrated EHR and revenue cycle management (RCM) system, Mayo Clinic is selling its 62,000 square-foot data center located in Rochester, MN to Epic for $46M in a sale-leaseback deal, Finance & Commerce reports.
Leaseback, short for 'sale-and-leaseback,' is a financial transaction, where one sells an asset and leases it back for the long-term; therefore, one continues to be able to use the asset but no longer owns it. As part of the
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Epic Systems EHR | EHR Implementations | Health IT
KLAS Report Finds Cerner, InterSystems Top Global EMR Vendors
A new KLAS report finds EMR vendors Cerner and InterSystems as the top-performing fully rated global multiregional vendors. Provider surveys and commentary show that Cerner performs very well in Europe and the Middle East, while InterSystems performs well in Asia/Oceania and the Middle East. The report also finds Allscripts had the highest score in the Europe market.
The report, "Global EMR Performance 2015" highlights vendor performance by region, shows that Epic performs best in
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Walgreens to Implement Epic EHR Across Its 400 Clinics
On Thursday, retail pharmacy giant Walgreens announced it will implement Epic's EHR platform across 400 of its healthcare clinics starting in early 2016. The move to EpicCare will help further enhance care coordination among providers, while also supporting the long-term growth plan for its clinic business.
“We’re pleased to welcome Walgreens to the Epic family and look forward to supporting their goal of improving access to high quality, coordinated care,” said Carl Dvorak, Epic president.
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Epic to Create Clinical Decision Support Tool for Falls Prevention
On Monday at the White House Conference on Aging, EHR leader Epic Systems announced it will create a clinical decision support tool (CDS) too for patient falls prevention based on CDC's guidelines. The CDS tool is expected to be available to all Epic clients by the end of the year designed to make it easier for health care providers to screen for falls, intervene to reduce risk, and provide follow-up care.
Additionally, it was announced that Kaiser Permanente will implement the CDC’s
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Epic to Waive Record Sharing Fees
EHR leader Epic announced this week during HIMSS15 that it will no longer charge a fee to exchange patient records between Epic customers and non-Epic customers through a module formerly called Care Elsewhere, Modern Healthcare first reports.
Data sharing services with Non-Epic customers have since been bundled into Epic's other interoperability module, Care Everywhere. “We're not going to charge for Care Everywhere for at least until 2020,”said Epic CEO Judy Faulkner in an interview
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The Kabuki Dance Of “Blocking Data” In Healthcare
The lack of data interoperability in healthcare continues to plague and haunt the entire industry. Much of the challenge falls squarely in the realm of Electronic Health Record (EHR) software, but EHR software is by no means the only category where this challenge is directly affecting patient lives. I ‒ along with countless others ‒ have written extensively about this topic. Last year I did a 5‒part series on just "interoperability" which I published on Forbes. One piece highlighted the
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Lifespan Goes Live on $100M Epic EHR Install
Rhode Island’s largest health care system, Lifespan announced it is now live on Epic's EHR platform creating an integrated platform to share information seamlessly throughout the health care system, from hospitals and clinics, to ambulatory centers and community partners, Rhode Island Public Radio reports. The new system also provides one integrated record where clinicians can chart patients’ care and health condition, promoting better, safer and more coordinated care.
“There will not be
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BJC HealthCare Chooses Epic for Integrated EHR
BJC HealthCare and the Washington University Faculty Practice Plan has selected Epic as its strategic partner for a single, integrated EHR for BJC's hospitals and employed physicians. The decision was made after an extensive and thorough twelve-month process that included surveys, demonstrations and site visits. The new EHR system will incorporate clinical documentation from all areas of patient care into a single database for greater ease of use, better accuracy and timeliness, and the
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Epic Plans to Launch Its Own App Store
Verona, Wis.-based EHR leader Epic Systems is planning to launch its own app store called the "App Exchange", similar to Apple's iTunes store that would allow developers to create apps that integrate with Epic's EHR platform, Wisconsin State Journal first reports. Mark Bakken, co-founder and former chief executive of Nordic Consulting, the largest consulting firm working with customers of Epic first broke the announcement Tuesday during a luncheon meeting of the Wisconsin Innovation Network.
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Lehigh Valley Health Network to Spend $200M on Epic Install
Allentown, PA-based Lehigh Valley Health Network will spend $200 million to implement Epic's EHR system over the next four to six years, The Morning Call reports. The Epic implementation will start with the networks outpatient offices on Feb. 18, comprising more than 200 sites. The $200M price tag covers Epic's EHR software, hardware, data conversation and project team personnel to support the roll out. The new Epic system will replace more than two dozen existing legacy systems including GE
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