• by bcarlson@marketresearch.com
  • May 21 2014
  • EHR
  • EMR


Smaller EMR Firms Gaining on the IT Giants

Smaller EMR Firms Gaining on the IT Giants

EMR was once dominated by the same names that dominated healthcare IT including hospital computing and billing systems.  Those firms, McKesson and Cerner still rate high.  But smaller companies that can focus on EMR are taking share from healthcare IT giants that offer all-in-one solutions, according to our latest report.  Epic Systems is an example, and has moved from fourth to third in Kalorama’s market share estimates.

The company has systems in the Cleveland Clinic, Mount Sinai New York, University of Chicago Medical Center, University of California system and Kaiser Permanente, among others.  Epic and CVS Caremark recently signed a deal for the company to provide EMR services into its store clinics.  The firm has grown - from $31 million in 1997 to an estimated $1.8 billion in 2013. Because Epic is a private company, revenues have been estimated by Kalorama in its report. 

 

Epic is making inroads into the market and will undoubtedly provide sustained competition for Cerner in this area -Mary Ann Crandall, Kalorama anlayst