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Epic Systems expands EHR market share lead over Oracle Health
CNBC· 2025-04-30 21:24
Core Insights - Epic Systems achieved its largest net gain in hospital market share in 2024, surpassing Oracle [1] - Epic added 176 facilities and 29,399 beds, while Oracle lost 74 sites and 17,232 beds during the same period [2] - Oracle's failure to share new contract details with Klas Research marks a significant shift in its market strategy [2] Company Performance - Epic's reputation for customer partnership has positioned it favorably in the EHR market [2] - Oracle's recent technological advancements, including AI features, have generated cautious optimism among stakeholders [4] - Oracle's EHR software has faced challenges, including outages and deployment issues, impacting its market perception [6][7] Market Dynamics - The EHR market is heavily influenced by vendor partnerships and customer satisfaction, with Epic consistently chosen by large health systems [7] - Oracle's acquisition of Cerner for approximately $28 billion in 2022 positioned it as the second-largest EHR vendor [3] - Recent comments from Oracle's founder suggest the company believes it is in a favorable position despite current challenges [4][5]
Electronic Medical Record (EMR) Systems Strategic Market Intelligence Report 2025: Key Players, Technology Briefing, Trends, Industry Analysis, Signals, and Value Chain
Globenewswire· 2025-03-06 16:09
Core Insights - The report titled "Strategic Intelligence: Electronic Medical Record (EMR) Systems (2025)" has been added to ResearchAndMarkets.com's offerings, indicating a growing interest in the EMR systems market [1] - EMR systems have become integral to the healthcare sector, enhancing patient record keeping and facilitating data sharing among healthcare practitioners and patients [2][3] - The market for EMR systems is expanding, with over 600 companies currently operating in this space, and new entrants emerging annually [3] Industry Overview - EMR systems are essential for the evolving healthcare process, providing deep AI-driven analysis and clinical decision support (CDS) [6] - The report covers various aspects of the EMR systems market, including current trends, future outlook, and key players [6] Key Players - Notable companies in the EMR systems market include Oracle (Cerner), CompuGroup Medical, Veradigm, athenahealth, Epic Systems, Philips, Meditech, NextGen Healthcare, CureMD, McKesson, Wolters Kluwer Health, Zynx Health, IBM, Cisco, and Gen Digital [6]