Latest / Becker’s Healthcare Digital Health + Health IT / Northwell earmarks $1B for Epic switch, Why Mayo is collaborating with a clinical AI company

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Northwell earmarks $1B for Epic switch, Why Mayo is collaborating with a clinical AI company · Becker’s Healthcare Digital Health + Health IT

• 0:00
  This is Naomi Diaz with the Becker's Digital
• 0:02
  Health Podcast.
• 0:04
  Here's your daily industry news briefing for today,
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  September 9th.
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  First,
• 0:09
  IT unemployment hit a new high in August
• 0:12
  as organizations
• 0:13
  shift their focus to artificial intelligence.
• 0:16
  IT consulting firm, Jenko Associates, reported
• 0:20
  6% of IT professionals were out of work
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  in August,
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  up from 5.6%
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  the month before,
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  according to the September 6th report that analyzed
• 0:31
  US Labor Department data.
• 0:33
  That's even as the overall US unemployment rate
• 0:36
  dips to 4.2%
• 0:38
  in August.
• 0:39
  The IT jobless rate has surpassed the national
• 0:42
  benchmark for 7 of the past 8 months.
• 0:46
  IT employment hasn't been this bad since the
• 0:49
  dotcom bubble burst in the early 2000,
• 0:52
  but it is now being driven by a
• 0:54
  pivot from traditional IT positions
• 0:56
  to AI and cybersecurity,
• 0:58
  Jenko Associates CEO Victor Gentiles wrote in the
• 1:01
  post.
• 1:03
  Highland Software CIO Steve Watts told The Wall
• 1:06
  Street Journal for a September 7th story, quote,
• 1:09
  the roles that are most in demand right
• 1:11
  now are roles where candidates have expertise in
• 1:14
  security, AI, and the cloud, end quote.
• 1:18
  2nd,
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  Northwell Health estimates that its Epic EHR implementation
• 1:23
  will cost the health system $1,200,000,000.
• 1:27
  Joe Mascalla,
• 1:28
  executive vice president of enterprise services, told Becker's
• 1:32
  quote, the cost of inflation,
• 1:34
  the cost of goods, and the technology costs
• 1:37
  are only going up. On average, we spend
• 1:40
  about $300,000,000
• 1:41
  a year in capital and just IT.
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  We're also going through an implementation of Epic,
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  and that's going to cost us $1,200,000,000,
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  end quote.
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  Northwell announced in March that it would switch
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  from an Allscripts EHR system to an Epic
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  one with the first go live of the
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  new system slated for 2025.
• 2:01
  Mister Mascola said that the reason Northwell decided
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  on Epic was because the health system needed
• 2:06
  a robust seamless solution.
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  He said, quote, we didn't want a patchwork
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  solution.
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  We wanted something that would not only be
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  advantage to our patients, but advantage to our
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  clinicians, end quote.
• 2:18
  In January,
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  regional chief medical information officer for Northwell posted
• 2:23
  on LinkedIn that the health system was more
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  than halfway through its build phase with the
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  new EHR system.
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  Northwell operates 21 hospitals and more than 900
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  outpatient facilities according to its website.
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  The health system will be implementing the system
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  across the entire continuum of care by region,
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  encompassing
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  hospitals,
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  ambulatory services, home care, hospice, and long term
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  care.
• 2:48
  3rd,
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  Mayo Clinic has partnered with clinical AI company
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  Exer AI to enhance the diagnosis and treatment
• 2:55
  of acute and chronic hand and wrist disorders.
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  As part of the collaboration,
• 3:00
  Mayo will integrate Exer's advanced computer vision and
• 3:03
  AI platform to support management of a wide
• 3:05
  range of these conditions,
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  according to a September 6th news release.
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  The technology is designed to assist Mayo clinicians
• 3:12
  in diagnosing and treating dozens of disorders with
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  the goal of streamlining care and improving patient
• 3:17
  outcomes.
• 3:19
  If you would like the latest health IT
• 3:20
  and digital health industry news delivered to your
• 3:22
  inbox every morning, Subscribe to the Becker CIO
• 3:25
  and health IT review enewsletter through our website
• 3:27
  at ww.beccarshospitalreview.com.