Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

ProMedica Toledo Hospital in Ohio

ProMedica Health System had a rough 2016. The not-for-profit owner of hospitals, clinics and a health insurance company unexpectedly lost $58 million from operations in 2016, just one year after turning a $107 million surplus, and it had its credit rating downgraded last week. The main culprit? Technology.

ProMedica, a $3 billion system based in Ohio, said the losses were "primarily driven by significant direct expenses" associated with the electronic health record system it purchased from Epic, one of the largest health care technology companies. ProMedica has been implementing Epic's system since 2015 and hopes to finish the installation at all its facilities by this year.

Why this matters: Hospitals have been installing electronic health record systems feverishly since 2009, when the federal government offered big cash incentives to help defray the technology's price tag. But the situation at ProMedica, and numerous other health systems across the country, highlights how electronic health records can easily cost more than the initial price since they require staffing, training and upgrades.

Go deeper

White House removes Trump-appointed scientist from overseeing climate report

U.S. President Joe Biden. Photo: Anna Moneymaker-Pool/Getty Images

The Biden administration has removed Trump-appointed atmospheric scientist Betsy Weatherhead from her role overseeing a comprehensive report on how climate change is affecting the U.S., the Washington Post first reported Monday.

Why it matters: Weatherhead has not been fired — merely reassigned to the U.S. Geological Survey — the move represents an effort by the Biden administration to remove Trump-era appointees from scientific roles, per CNN.

13 mins ago - Politics & Policy

Congress, White House brace for Chauvin verdict

Illustration: Sarah Grillo/Axios

Lawmakers on Capitol Hill are anxious as the nation awaits the verdict in former police officer Derek Chauvin's trial, fearing a not-guilty decision could exacerbate racial tensions and spark a new wave of riots.

Why it matters: Leaders on both ends of Pennsylvania Avenue are trying to figure out how to calibrate any personal or legislative response, while also acknowledging how the final outcome in Chauvin's murder trial in the death of George Floyd could affect their district and them politically.

Exclusive: Koch Network, Bush Center team up on immigration

Visitors view immigration exhibit at the George W. Bush Presidential Center in Dallas. Photo: Stand Together

The Koch Network and the George W. Bush Presidential Center are partnering on an interactive immigration exhibit aimed at countering stereotypes and promoting immigration reform.

The big picture: The partnership to be announced Tuesday between the right-wing network's philanthropic arm, Stand Together, and the Dallas center comes as Congress is expected to debate immigration reform proposals amid resistance from many Republicans.