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July 19, 2024

Epic's dominance in 12 numbers

Becker's Hospital Review
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Summary
The article highlights Epic's commanding presence in the electronic health record (EHR) market through 12 key statistics. Epic holds more than 305 million patient records and experienced a net market share increase in 2023, the only EHR vendor to do so, achieving 39.1% of the U.S. acute care hospital market share. It now covers 51.5% of multispecialty hospital beds in the U.S., surpassing Oracle Health's 23.8%, and gained 633 U.S. hospitals from 2017 to 2023. In 2023, Epic was the sole EHR vendor to add U.S. academic medical centers and significant children's hospitals. Globally, it leads the hospital EHR market after contracts in Canada and Australia. Epic's revenue reached $4.9 billion, with its founder's net worth hitting $8 billion. Epic will also be implemented by all health systems on U.S. News & World Report’s Best Hospitals Honor Roll, including Northwell Health. Significant 2023 partnerships included Northwell, UPMC, and Intermountain Health.

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