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Epic Systems

Epic Systems

Madison, WI, US

Privately held company providing EHR software for hospitals and health systems, with a strong market share and ongoing AI feature development.

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How We Help

Problem Statement

The problem Epic Systems solves is the fragmented and inefficient management of patient health information across various healthcare providers and departments, by offering an integrated, comprehensive electronic health record (EHR) system that unifies data and workflows.

Core Technology

Proprietary electronic medical record software application ('Epic' or Epic EMR) built on the Chronicles database management system, utilizing a 'single database' model with a comprehensive suite of applications and unified data architecture.

Key Differentiators

Self-funded since inception with no venture capital, no exits, no acquisitions; 30% EBITDA margins; 90% of medical students now train on Epic systems

Clinical Focus

Comprehensive healthcare across numerous specialties, patient engagement, population health, analytics, and interoperability.

Target Customers

Large hospital systems, academic medical centers, and integrated delivery networks.

Product Stage

Mature

Company Info

Business Model
B2B, software licensing, annual maintenance fees, cloud hosting
Founded
1979
Website
www.epic.com

Categories

Healthcare Infrastructure

Disease Areas

Technologies

AI featuresEHREMRDatabase Management SystemSingle Database ArchitectureCloud HostingPatient PortalsPopulation Health ManagementAnalyticsInteroperabilityAI Innovation

MedStartr Index Score

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26

What do you think of Epic Systems?

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.

Innovation

Clinical Benefit

Feasibility

Scalability

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