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Into The Death Zone? What Digital Health Can Learn From Epic’s $3.8B Revenue

forbes.com · 1,943 words · saved by 1 readers

At 1pm on May 8, 1978, Reinhold Messner and Peter Habeler became the first people in history to reach Everest’s summit without the use of supplemental oxygen. One year later and on the other side of the world, Judy Faulkner founded Epic Systems, the company that has become the standard for what a successful technology company in healthcare looks like. Epic’s EHR holds a dominant (and growing) position among U.S. providers: the company accounts for close to 50% of the market (measured by beds), more than 300 million Americans have an Epic medical record, and Epic is the only EHR that added material market share in 2022. What do Reinhold Messner and Epic's Judy Faulker have in common? Summiting their respective Everests ... [+] Epic is perhaps the largest, most critical technology player through which roughly half ($2.1 trillion) of all of all healthcare spending flows. Epic’s revenues are generated by selling software to healthcare providers, largely hospitals and health systems, but me

Innovation Healthcare Into The Death Zone? What Digital Health Can Learn From Epic’s $3.8B Revenue By Seth Joseph , Contributor. Forbes contributors publish independent expert analyses and insights. I write about the intersection of health care, technology and policy Follow Author Nov 28, 2023, 08:00am EST This article is more than 2 years old. At 1pm on May 8, 1978, Reinhold Messner and Peter Habeler became the first people in history to reach Everest’s summit without the use of supplemental oxygen. One year later and on the other side of the world, Judy Faulkner founded Epic Systems, the com

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