Forbes February 26, 2024
“An integrated EHR is good for healthcare, and Epic’s motivations are pure, I think. But they add enormous expense to the consumer.” — A former health system CIO who has implemented Epic as well as many other EHRs.
In economic terms, a monopoly means, quite literally, one seller.
By this definition, Epic’s 36% market share of U.S. hospitals is far from meeting the monopoly threshold. Oracle, Cerner, athenahealth, MEDITECH, and eClinicalWorks are just a handful of the hundreds of vendors selling EHR software to healthcare providers, with a number of well-funded new entrants (Elation Health, Canvas Medical, and Healthie) collectively raising nearly $100M in the past 18 months to bring modern technology approaches to ambulatory providers.
While there is no...
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