MD Anderson Cancer Center lost $267.1 million on its operations in fiscal 2016. Now, a month into fiscal 2017, America’s largest cancer center is on track to lose $400 million to $450 million.
In a confidential report intended for department chairs, MD Anderson’s administration attributes the operating loss to four factors:
• Epic system (tools, reports, technology fixes);
• Providers – Capacity (Mondays & Fridays; weekends for select services; services at right location);
• Demand (wait times, rate of incoming calls/requests to set up appointments);
• Insurance coverage.