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Epic

Epic

Verona, Wisconsin, U.S.

Epic Systems Corporation is a privately held healthcare software company based in Verona, Wisconsin, renowned for its large-scale electronic health record (EHR) systems. Founded in 1979 by Judith Faulkner, it primarily sells comprehensive, integrated EHR software to large hospital systems and academic medical centers.

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Problem Statement

Epic solves the problem of fragmented and inefficient patient health information management within large healthcare organizations by providing integrated EHR systems that streamline data access, clinical workflows, and administrative tasks across various medical specialties.

Core Technology

Chronicles (proprietary database management system), Epic EMR/EHR, MyChart (patient portal), Care Everywhere (health information exchange), Cogito (analytics platform), Hyperspace (front-end interface), Clarity (relational database), Caboodle (enterprise data warehouse platform)

Key Differentiators

Integrated platform, single database architecture, interoperability through Care Everywhere, focus on large healthcare systems, patient engagement tools (MyChart), privately held and employee-owned, continuous innovation (including AI)

Target Customers

Healthcare organizations, primarily large hospital systems and academic medical centers

Product Stage

Mature

Company Info

Business Model
B2B, SaaS (charges upfront license fees and annual maintenance fees for its software systems)
Founded
1979
Total Funding
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Website
www.epic.com

Categories

Clinical Documentation

Disease Areas

Technologies

AI ChartingEHREMRHealth Information ExchangeAnalytics PlatformDatabase ManagementIntegrated PlatformPatient PortalsClinical Workflow ManagementPatient Record ManagementHealthcare SoftwareInteroperabilityAI & Machine Learning
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What do you think of Epic?

A HUGE part of what early stage companies, and even late stage ones, need and get on MedStartr is honest feedback from actual patients, clinicians, hospital leaders and industry insiders. It is very easy to get tunnel vision as a founder. Please tell the team that runs this company what you think.

Clinical Benefit Potential

The potential for a project to have a large and significant impact on medical care, treatment, or prevention.

Feasibility

The likelihood that this will provide benefit for patients / care givers and that the founders can execute on their vision and plan.

Innovativeness

The distinguishing features, concept, or technology that differentiates the entry compared to others that already exist and are in widespread use.

Fundability

The reviewers' beliefs that the idea is fundable or can make it to sustainability without outside investment.

Scalability

Some great ideas are destined to failure because they are too complex or too expensive. The reviewer should consider the likelihood that a project as explained, or perhaps with some tweaks, could possibly become a worldwide solution within a reasonable time frame.

Presentation Quality

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