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Epic's Revenue Hit $3.3B in 2020: 10 Ways the EHR Giant's Dominance Is Opening Doors for Competition
Epic is a dominant force in healthcare with nearly 30 percent of the EHR market share. However, the company's growth has ignited opportunities for disruption within revenue cycle management, telehealth and other areas of health IT, according to CB Insights.
In its Aug. 4 "Unbundling Epic" report, CB Insights analyzed the Verona, Wis.-based EHR company's growth and competition among other health IT companies. In 2020, Epic's annual revenue reached $3.3 billion, and the company has delivered a 15 percent growth rate every year for the last decade, according to the report.
Here are 10 ways health technology startups are increasing competition with Epic, according to the report.
Continue reading at beckershospitalreview.com
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