The CEO and CFO of Cambridge University Hospitals NHS Foundation Trust in the United Kingdom stepped down from their positions as the health system faces financial troubles, according to ComputerWeekly. Part of the financial tumult may be due to the hospital's implementation of Epic's EHR.
CEO Keith McNeil and CFO Paul James resigned two months after England's health sector regulator Monitor launched an investigation into the system's finances, including the effect of the new records system, according to the report.
A Sept. 21 financial report from private equity firm Baird says, "This is the first Epic EMR implementation in the U.K. and the resignations come amid increasing scrutiny of Cambridge's deteriorating financial condition."
A previous ComputerWeekly report indicates Cambridge University Hospitals went live on its new Epic platform Oct. 23, 2014. Part of the implementation included a hardware upgrade led by Hewlett-Packard.
ComputerWeekly reports HP's upgrade cost approximately $212 million, and the Epic software cost $45 million, with an additional $30 million in costs.
Monitor launched its investigation into Cambridge University Hospitals in July, according to ComputerWeekly.
Mr. McNeil said in the report the hospital needs new leadership during this time. "It is a matter of public record that we face a number of very serious challenges, including a growing financial deficit," he said. "I feel the time is right to have new leadership in place."
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