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BARDA Industry Day
2020-10-27    
12:00 am
Organized by BARDA BARDA Industry Day is the annual meeting held to increase potential partner’s awareness of U.S. Government medical countermeasure priorities, interact with BARDA [...]
The Future of Insurance USA
2020-11-16 - 2020-11-18    
All Day
We’re excited to announce today the launch of The Future of Insurance USA (November 16-18 2020), an online 3-day conference by Reuters Events. The Future [...]
Geneva Health Forum 2020
2020-11-16 - 2020-11-18    
12:00 am
Geneva Health Forum 2020 The 8th edition of the Geneva Health Forum will take place from 16-18 November 2020. The thematic of the year will [...]
19 Nov
2020-11-19 - 2020-11-20    
12:00 am
The stage is set for a paradigm shift in healthcare. The opportunity exists to redefine healthcare in a way that transforms patient outcomes, drives efficiency [...]
The 2nd Saudi International Pharma Expo
2020-11-23 - 2020-11-24    
All Day
ABOUT THE 2ND SAUDI INTERNATIONAL PHARMA EXPO SAUDI INTERNATIONAL PHARMA EXPO offers you an EXCELLENT opportunity to expand your business in Saudi Arabia and international [...]
World Congress on Medical Toxicology
2020-12-01 - 2020-12-02    
12:00 am
World Congress on Medical Toxicology Medical Toxicology Pharma 2020 provides a global platform to meet and develop interpersonal relationship with the world’s leading toxicologists, pharmacologists, [...]
01 Dec
2020-12-01 - 2020-12-02    
All Day
International Conference on Food Technology & Beverages” at Kyoto, Japan in the course of Kyoto, Japan, December, 01-02, 2020 Theme of the Food Tech 2020 [...]
Biomedical, Bio Pharma and Clinical Research
2020-12-03 - 2020-12-04    
12:00 am
Biomedical, Bio Pharma and Clinical Research Conference Series LLC LTD cordially invites you to be a part of “2nd International Conference on Biomedical, Bio Pharma [...]
Events on 2020-10-27
BARDA Industry Day
27 Oct 20
Events on 2020-11-16
Events on 2020-11-19
Events on 2020-11-23
The 2nd Saudi International Pharma Expo
23 Nov 20
King Abdullah
Events on 2020-12-03
Articles

Oct 16:Novant Health honored for implementation of Epic

novant health

A national health-care information technology group has selected Novant Health Inc. as the sixth recipient of an award related to implementing patient electronic health records.

The Health Information and Management Systems Society last week presented Novant with its Stage 7 Ambulatory award for EHR analytics. The award signifies that Novant has achieved the group’s highest level on its EHR adoption model.

Novant completed in August the rollout of the Epic EHR system for its 350 physician clinics, saying it accomplished the goal three years ahead of schedule and “under budget.” It says there are more than 200,000 MyChart users. Novant refers to its version of Epic as Dimensions Acute.

Carl Armato, Novant’s chief executive, said that a $600 million, five-year conversion of its health records from paper to electronic is helping the system’s bottom line. It is the largest financial initiative in Novant history.

“Novant Health used health IT as its linchpin for an enterprise-wide transformation,” said John Hoyt, executive vice president for HIMSS Analytics.

“While they are not the first to do this, the massive size is among the few biggest and most successful. The return on investment is rock-solid and among the best we have seen.”

The system launched Epic at Presbyterian Medical Center in Charlotte on Oct. 5 and plans to launch it within other Charlotte-area facilities in March and within its Forsyth County facilities in August.

“We’re rolling out in a similar approach to our physician practices, which we found to work well for us,” Novant spokeswoman Kati Everett said Monday.

Dave Garrett, Novant’s chief information officer, said receiving the award represents a bonus for “leveraging our EHR as a catalyst for system-wide transformation. Because of this, our patients are benefiting from coordinated medical care.”

There have been several media reports, including by the Journal, of local and national examples of cost overruns and delayed patient billing cycles because of challenges in implementing Epic. In some examples, analysts have said health care systems did not correctly project the amount of time and staffing required for the data transfer of paper health records to electronic versions.

Novant has not provided a breakdown of its costs for implementing Epic. It reported Aug. 30 having $161.5 million in capital expenditures for the first half of 2013 compared with $91.9 million a year ago.

Some local health-care systems, such as Cone Health and Wake Forest Baptist Medical Center, have reported millions of dollars in nonprojected additional expenditures related to their rollout of Epic.

Wake Forest Baptist went live with Epic on Sept. 22, 2012, in a rollout that included its main campus and facilities, but not affiliated hospitals in Davie County and Lexington.

Dr. John McConnell, its chief executive, has said that approach “was absolutely necessary for patient safety.” He said he remains confident in Epic’s long-term benefit to the center.

The rollout of Epic contributed to a $55.1 million operational loss in fiscal 2012-13 for Wake Forest Baptist, according to a financial report released Aug. 30. The center’s fiscal year ended June 30. A final audited report will be released in November.

Stock investment gains of almost $54 million helped Wake Forest Baptist offset much of the operational revenue loss and dropped the overall loss to $571,000. Not-for-profit hospitals depend on investment income to increase their bottom line and to help pay for capital investments.

Novant is taking an all-hands-on-deck approach to implementing Epic at Clemmons, Forsyth and Kernersville medical centers and Medical Park Hospital, as well as its Hawthorne Outpatient Surgery facility.

That means most employees – listed as staff and physicians – will not be allowed to take vacation from May through August without previous approval. Novant has about 5,000 employees in the Triad.

The system took a similar vacation approach this year with Presbyterian employees.

source