Ballad Health announces fourth-quarter and year-end results
Reports national top-decile quality measures; lower cost for patients, employers and taxpayers; improved patient satisfaction; and state findings of public benefit against backdrop of material financial impact of COVID-19 pandemic JOHNSON CITY, Tenn. – Ballad Health today announced fourth-quarter and year-end results from its 2020 fiscal year. Excluding the impact of coronavirus disease 2019 (COVID-19), the results demonstrate significant reductions in the cost of healthcare for employers, patients and taxpayers; substantially higher quality that shows top-decile performance in certain measures; and improved patient satisfaction. During the quarter, Ballad Health reported it has successfully deployed the first phase of a more than $200 million technology conversion, bringing more than 80 care sites live on the new Epic electronic health record platform. According to Epic, despite deploying the system during a global pandemic, Ballad Health’s successful conversion was among the best the electronic health record company’s staff had observed, with Ballad Health achieving 100% of the key…