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Rich Pedroncelli / AP

Over the past several years, hospitals have raced to install new electronic health record and billing systems. Those projects could damage hospitals' credit ratings because they are expensive and disrupt the hospitals' day-to-day operations, according to a report released today by Moody's Investors Service.

One number: The operating cash flow for hospitals and health systems tracked by Moody's dropped by a median 10.1% in the year that electronic health records were installed.

Why it matters: Hospitals can usually get past the temporary financial stress of these tech upgrades. But many hospitals aren't adequately prepared for the short-term losses, or the new long-term threats associated with cyberattacks.

Go deeper

8 Senate Democrats vote against adding $15 minimum wage to COVID relief

Photo: Stefani Reynolds/Bloomberg via Getty Images

Eight Democratic senators on Friday voted against Sen. Bernie Sanders' amendment to ignore a ruling by the Senate parliamentarian and add a $15 minimum wage provision to the $1.9 trillion COVID relief package.

The state of play: The vote was held open for hours on Friday afternoon — even after every senator had voted — due to a standoff in negotiations over the next amendments that the Senate will take up.

CDC: Easing mask mandates led to higher COVID cases and deaths

Customer at a supermarket chain in Austin, Texas. Montinique Monroe/Getty Images

Easing mask restrictions and on-site dining have increased COVID-19 cases and deaths, according to a study out Friday from the Centers for Disease Control and Prevention.

Why it matters: The report's findings converge with actions from governors this week easing mask mandates and announcing plans to reopen nonessential businesses like restaurants.