"The cost of inflation, the cost of goods and the technology costs are only going up. On average, we spent about $300 million a year in capital in just IT," Joe Moscola, executive vice president of enterprise services, told Becker's. "We're also going through an implementation of Epic and that's going to cost us $1.2 billion."
Northwell announced in March that it would switch from an Allscripts EHR system to an Epic one with the first go-live of the new system slated for 2025.
Mr. Moscola said that the reason Northwell decided on Epic was because the health system "needed a robust, seamless solution."
"We didn't want a patchwork solution," he said. "We wanted something that would not only be advantageous to our patients, but advantageous to our clinicians."
In January, Brian Blaufeux, MD, regional chief medical information officer for Northwell, posted on LinkedIn that the health system was more than halfway through its build phase with the new EHR system.
Northwell operates 21 hospitals and more than 900 outpatient facilities, according to its website. The health system will be implementing the system across the entire continuum of care by region, encompassing hospitals, ambulatory services, homecare, hospice and long-term care.