Jeff Lagasse
The system has secured debtor-in-possession financing of up to $185 million, which will enable its hospitals to continue operations.
The expense of software and implementation, as well as concerns about data security, are slowing growth in a market moving toward $33 billion globally.
The findings were a surprise, as researchers thought they would find decreased complications and mortality rates for critically ill patients.
Visits to the emergency room to treat low-acuity conditions decreased by 36 percent; Use of non-emergency room centers increased by 140 percent.
Allegheny Health Network in Pittsburgh leads the pack with a $1 billion expansion.
The total spend increase for CRM devices is 8 percent, which translates to a $400 million estimated cost increase for hospitals.
The analysis, done for PhRMA, found that 320 hospitals marked up some medicine prices more than 1,000 percent.
The percentage of physician practices now owned by hospitals increased from 26 percent in 2010 to 38 percent in 2016.
Under the Emergency Medical Treatment and Active Labor Act, hospitals participating in Medicare are required to screen and stabilize emergency room patients.
WellCare said in May that it would have the top Medicaid membership market share in Michigan and Illinois, increasing its leading market position from four to six states.