Implementing a new electronic health record (EHR) system will thin a hospital’s financial margins in the first year, according to a report released by credit rating agency Moody's Investors Service, but they usually return to normal afterward.

The Healthcare Information and Management Systems Society (HIMSS) has selected Harold “Hal” Wolf III, an alum of the Chartis Group and Kaiser Permanente, as its new president and CEO.

Two hundred physicians, nurses and other workers in Tacoma, Washington, are spending their days treating hospital patients they never meet in person in what CHI Franciscan Health is calling a “virtual hospital.”

Many problems in healthcare, from rising costs to inefficient use of available data to administrative burden on physicians, have a common solution, according to Siri cofounder and Health2047 advisor Norman Winarsky, PhD: artificial intelligence, or AI.

Teladoc, the largest telemedicine provider in the U.S., has completed its $440 million acquisition of virtual consultation company Best Doctors less than a month after the deal was first announced.

Edward Marx will take over as the new chief information officer at Cleveland Clinic, effective Sept. 1.

Mayo Clinic has a $1 billion plan to implement Epic’s electronic health record and billing system across all its entire health system by the end of 2018. The implementation began July 8 at Mayo’s Franciscian Healthcare in La Crosse, Wisconsin, Epic’s home state.

NYC Health + Hospitals this week launched an upgraded software system to better manage business functions and support the digital transformation of the largest municipal health care system in the country. The fully integrated Enterprise Resource Planning (ERP) system replaces paper and manual processes, eliminates reliance on obsolete technology, and will drive improvements in operational performance.