Epic
Epic Systems Corporation, founded in 1979 and headquartered in Verona, Wisconsin, develops electronic health record (EHR) systems for large US and Canadian hospital systems, complemented by AI-powered clinical documentation tools and a diagnostics integration platform.
- Company typePrivate
- Founded1979
- HeadquartersHouston, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Epic does
Epic Systems Corporation, founded in 1979 and headquartered in Verona, Wisconsin, is a privately held healthcare technology company that develops electronic health record (EHR) / electronic patient record (EPR) systems for large hospital systems, health networks, and laboratories. Its core product is a comprehensive EPR platform that manages patient data, clinical documentation, and healthcare workflow automation across hospital networks. Around that core, Epic has built an integrated product portfolio: Epic Aura, a diagnostics integration suite enabling clinicians to order lab and specialty tests and receive results directly within the EPR workflow; MyChart Bedside, a patient-facing bedside portal; and a growing layer of AI capabilities including an AI charting tool, ambient digital scribes, and agentic AI agents targeting medical coding, prior authorizations, and denials management. The platform supports FHIR-based APIs, participates in the CommonWell Health Alliance, and contributes to the CMS Health Tech Ecosystem alongside 60+ health technology companies.
Epic monetizes primarily through multi-year subscription and licensing agreements for its EHR software, supplemented by implementation services, ongoing maintenance and support contracts, and integration revenue tied to partnerships with diagnostic laboratories (e.g., Labcorp, BillionToOne). Pricing is quote-based enterprise negotiation that varies by organization size, number of beds/users, and implementation scope; figures are not publicly disclosed. The go-to-market is direct enterprise field sales to large healthcare organizations, supplemented by a provincial / shared EPR model (exemplified in Canada by Sinai Health adopting Unity Health Toronto's existing Epic instance). Primary customer segments are hospital systems and health networks (including US federal/state programs such as the VA), with adjacent integration partners in diagnostic and specialty testing. Epic's largest installed base among US hospital EHR vendors, combined with deep clinical-workflow switching costs and a widening diagnostics and AI ecosystem, supports a stable, recurring-revenue model with ongoing expansion through new product modules and geographic markets.
Epic firmographics
Firmographics- Name
- Epic
- Legal name
- Epic Systems Corporation
- Website
- https://1epic.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Epic Systems Corporation, founded in 1979 and headquartered in Verona, Wisconsin, develops electronic health record (EHR) systems for large US and Canadian hospital systems, complemented by AI-powered clinical documentation tools and a diagnostics integration platform.
- Ownership category
- akta.pro rank
Epic industry classification
Industry- Product category
- Electronic Health Records (EHR) Software
- NAICS
- Software Publishers (513210), Computer Systems Design Services (541512)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Acute Care & Hospital EHRs (HLACAAAA)
- akta.pro secondary industries
- Ambulatory & Physician Practice EHRs (HLACAAAB), EHR Extensions, APIs, App Marketplaces & SMART-on-FHIR Apps (HLACAAAN), EHR/EMR Integration & Interoperability Middleware (HL7/FHIR) (HLALAKAD)
Keywords
Where Epic is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Markets served
Epic business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- EHR Software Licensing and Subscription: Epic licenses its electronic health record software to healthcare organizations including hospitals, health systems, and clinics. The model involves implementation services, ongoing licensing fees, and maintenance/support contracts typically structured as multi-year agreements.
- Platform Integration and Interoperability Services: Revenue from integrating third-party diagnostic and laboratory services (Labcorp, BillionToOne) into the Epic platform, enabling seamless ordering and result delivery within the EHR workflow.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise EHR licensing for healthcare organizations |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Epic product offering
Product offeringCore offering
Epic Systems Corporation develops and licenses an electronic health record (EHR) / electronic patient record (EPR) software platform to large healthcare organizations including hospital systems, health networks, and diagnostic laboratories. The platform provides comprehensive patient data management, clinical documentation, healthcare workflow automation, diagnostics integration, patient engagement tools, and AI-powered clinical and revenue cycle automation. Epic also offers implementation, training, and ongoing support services as part of multi-year enterprise agreements.
Product overview
Epic is a healthcare technology company offering a unified electronic patient record (EPR) system as its core product, supported by integrated platforms and AI-powered modules. The portfolio includes Epic EPR for comprehensive patient care management, Epic Aura for diagnostics integration enabling lab and test ordering within the EHR workflow, MyChart Bedside for patient engagement, and AI tools including ambient documentation scribes, AI charting tools, and autonomous agents for clinical and revenue cycle workflows. Epic's platform architecture enables interoperability with diagnostic providers (Labcorp, BillionToOne) and participation in national health data initiatives.
Differentiator
Problem solved
Functional benefit
Brands
- Epic Aura: Diagnostics platform enabling integration of lab tests and results within Epic's EHR workflow
- MyChart Bedside
- Epic's Aura Platform
Products and services
- Epic Electronic Patient Record (EPR) System Epic's core electronic patient record system providing comprehensive patient care management, clinical documentation, and healthcare workflow automation across hospital networks. Designed for hospital systems, health networks, and healthcare organizations managing multiple facilities.
- Epic Aura Diagnostics Platform Diagnostics integration platform enabling healthcare providers to access and order diagnostic tests including lab services, prenatal tests, and oncology tests directly within Epic's EHR workflow, with results flowing back into patient records.
- MyChart Bedside Patient-facing bedside portal integrated with Epic EPR that enables patients to access their health information, view records, and engage with their care team during hospital stays.
- Epic AI Agents AI-powered autonomous agents for healthcare workflows including medical coding, prior authorizations, denials management, stroke diagnosis, patient message triage, and scheduling.
- Epic AI Charting Tool AI-powered clinical documentation tool that uses natural language processing to automate the generation of clinical notes and charting, designed to reduce documentation burden on providers.
Quantifiable outcome
- 230 percent increase in veteran referrals for VBA disability ratings
- +1 more outcomes
Companies that use Epic
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Epic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability7 records
Feature4 records
Epic partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Unity Health TorontocoreSinai Health partnered with Unity Health Toronto to implement Epic's electronic patient record system, adopting Unity Health's existing Epic instance as part of a provincial directive for hospitals to pursue shared EPR environments. Unity Health successfully launched its network-wide Epic EPR system in November 2024 and has achieved Canadian firsts in digital health innovation including MyChart Bedside.
- LabcorpcoreLabcorp strengthened its collaboration with Epic to improve lab services integration and efficiency for healthcare providers across the US. The enhanced partnership aims to streamline diagnostic workflows by leveraging Epic's widely adopted EHR system, potentially driving test volumes through simplified ordering and result delivery. The collaboration reflects Labcorp's strategic focus on technological integration in diagnostics.
- LabcorpcoreEpic and Labcorp are expanding their collaboration to provide access to Labcorp's full diagnostic test menu on Epic's Aura platform, enabling clinicians to order lab tests and receive results directly within their Epic workflow. The integration aims to streamline lab ordering processes, reduce time and maintenance costs for lab interfaces, and build on a prior partnership for genetic tests.
- Microsoft AzurecoreEpic's integration with Microsoft Azure enables the deployment of Epic's EHR system on Azure cloud infrastructure. A Total Economic Impact analysis examined the economic outcomes of Epic on Microsoft Azure, indicating strategic cloud partnership for healthcare deployment.
- BillionToOne InccoreBillionToOne partnered with Epic to integrate its prenatal and oncology testing portfolio with Epic's Aura diagnostics suite. The integration enables healthcare providers to order BillionToOne's UNITY Complete prenatal test and Northstar Select and Northstar Response liquid biopsy tests directly within Epic's EHR system, with results flowing back into patient records to support clinical decision-making.
- U.S. Centers for Medicare and Medicaid Services (CMS)coreCMS, in coordination with the White House and over 60 health technology companies including Epic, announced a nationwide interoperable health data platform with a 2026 implementation deadline, allowing patients to access their medical records through consumer-facing applications. Epic is participating in CMS' Health Tech Ecosystem initiative.
- U.S. Department of Veterans AffairscoreMultiCare partnered with the U.S. Department of Veterans Affairs and Epic to improve veteran healthcare through data sharing, completing the first phase of framework development in 2024 that integrates veteran status confirmation into electronic medical records. MultiCare is positioned as the first in the nation to use VA data for targeted veteran outreach using Epic-powered technology.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Epic competitors and assessment
Company assessmentDirect peers
- Veradigm (Allscripts): Veradigm/Allscripts provides EHR and practice management software to hospitals and physician practices, overlapping with Epic in the broader clinical software market for healthcare providers.
- eClinicalWorks: eClinicalWorks provides EHR and population health solutions to ambulatory providers and small hospitals, competing with Epic in the broader clinical software category.
- Oracle Health (formerly Cerner): Oracle Health is one of the two largest hospital EHR vendors in the US, directly competing with Epic for large health system contracts. It offers overlapping acute-care EHR, revenue cycle, and population health capabilities to similar enterprise hospital customers.
- athenahealth: athenahealth offers a cloud-based EHR and practice management platform serving ambulatory and hospital-affiliated providers, competing with Epic for ambulatory and physician practice deployments.
- MEDITECH: MEDITECH is an established acute-care and ambulatory EHR vendor serving community hospitals and health systems, competing with Epic for hospital EHR contracts, particularly in mid-size and community segments.
- NextGen Healthcare: NextGen provides EHR and practice management solutions to ambulatory specialty and primary care practices, an adjacent segment of the EHR market where Epic also competes through its ambulatory offerings.
- CPSI (TruBridge): CPSI/TruBridge sells EHR and revenue cycle solutions to community and critical access hospitals, overlapping with Epic in the lower end of the acute-care hospital EHR market.
Broad incumbents
- Microsoft Cloud for Healthcare: Microsoft is Epic's Azure cloud infrastructure partner and a broader healthcare data and AI platform competitor with capabilities that overlap with Epic's interoperability and analytics layer.
- Google Cloud Healthcare: Google Cloud provides healthcare data, FHIR, and AI services and is part of the same CMS Health Tech Ecosystem initiative as Epic, positioning it as both a partner and a competing infrastructure layer for health data exchange.
- Amazon Health Services: Amazon participates in the CMS interoperability pledge alongside Epic and is investing in healthcare consumer and clinical data capabilities, representing a broader-incumbent competitive threat to Epic's interoperability ambitions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Epic social profiles
Digital presenceEpic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Epic leadership team
Management profileNumber of profiles
Profiles1 record
Epic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Epic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Epic
What does Epic do?
Epic Systems Corporation develops and licenses an electronic health record (EHR) / electronic patient record (EPR) software platform to large healthcare organizations including hospital systems, health networks, and diagnostic laboratories. The platform provides comprehensive patient data management, clinical documentation, healthcare workflow automation, diagnostics integration, patient engagement tools, and AI-powered clinical and revenue cycle automation. Epic also offers implementation, training, and ongoing support services as part of multi-year enterprise agreements.
Is Epic a public or private company?
Epic is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Epic founded?
Epic was founded in 1979. It employs 101 to 250 people.
Where is Epic based?
Epic is headquartered in Houston, United States, in the North America region.
How does Epic make money?
Two revenue lines are on record. EHR Software Licensing and Subscription is the primary driver. The others are platform Integration and Interoperability Services.
Who are Epic's main competitors?
Direct peers on record are Veradigm (Allscripts), eClinicalWorks, Oracle Health (formerly Cerner), athenahealth, MEDITECH, NextGen Healthcare and CPSI (TruBridge). Broad incumbents are Microsoft Cloud for Healthcare, Google Cloud Healthcare and Amazon Health Services.
Does Epic have an API?
Yes. Epic provides FHIR-based API access through its platform. Epic participates in CMS' Health Tech Ecosystem initiative. The platform enables interoperability for healthcare data exchange and integration purposes.
What industry is Epic in?
Epic's product category is Electronic Health Records (EHR) Software. Its primary akta.pro industry code is HLACAAAA, Acute Care & Hospital EHRs, with a secondary code of HLACAAAB, Ambulatory & Physician Practice EHRs. Its NAICS code is 513210 and its SIC code is 7370.