With news of Rochester, Minn.-based Mayo Clinic's selection of Epic's EHR came word the hospital would team up with the vendor to build a hardware infrastructure for the implementation that would cost about $6 million. Now, Mayo is reporting it expects to spend more than $1 billion over the next five years to get the EHR up and running, according to the Minneapolis/St. Paul Business Journal.
Mayo is making the switch to Epic from Cerner and GE. Although the system's annual report didn't include contract details, it expects to drop $1.5 billion on the implementation and infrastructure in the coming years.