Epic Systems
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| Private | |
| Industry | Health informatics |
| Founded | Madison, Wisconsin, United States (1979) |
| Founder | Judith Faulkner |
| Headquarters | Verona, Wisconsin, United States |
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Key people
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Judith Faulkner, Founder & CEO Carl Dvorak, President |
| Revenue | $1.77 billion (2014) |
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Number of employees
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9,000+ (2015) |
| Website | epic |
Epic Systems Corporation, or Epic, is a privately held healthcare software company. According to the company, hospitals that use its software hold medical records of 54% of patients in the United States and 2.5% of patients worldwide.
Epic was founded in 1979 by Judith R. Faulkner with a $70,000 investment. Originally headquartered in Madison, Wisconsin, Epic moved its headquarters to a large campus in the suburb of Verona, Wisconsin in 2005, where it employs more than 9,500 people as of January 2016. The company is in the fifth phase of campus expansion with five new buildings each planned to be around 100,000 square feet. The company also has offices in 's Hertogenbosch, Netherlands; Dubai, United Arab Emirates; Alexandra Road, Singapore; and Søborg, Denmark.
Epic's market focus is large healthcare organizations and academic medical centers. The company offers an integrated suite of healthcare software centered on a Caché database provided by InterSystems. Epic's applications support functions related to patient care, including registration and scheduling; clinical systems for doctors, nurses, emergency personnel, and other care providers; systems for lab technologists, pharmacists, and radiologists; and billing systems for insurers.
The company's competitors include Cerner, MEDITECH, Allscripts, and units of I.B.M., McKesson, Siemens and GE Healthcare. In 2003, Kaiser Permanente, the largest managed care organization in the United States, chose Epic for its electronic records system. Among many others, Epic provides electronic record systems for Cedars-Sinai Medical Center in Los Angeles, the Cleveland Clinic, Johns Hopkins Hospital, The Mount Sinai Hospital,UC Davis Medical Center in Sacramento, and Yale–New Haven Hospital. Partners HealthCare adopted Epic systems in 2016 for $1.2 billion, which critics decried and which is greater than the cost of any of its buildings.
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