Epic sales soaring, particularly in home state of Wisconsin

Epic Systems "is winning three to four times more [contracts] than anyone else," KLAS Enterprises Chairman Kent Gale tells the Milwaukee Journal Sentinel. And the Verona, Wis.-based vendor is doing particularly well in its home state, landing big deals with former Cerner client Aurora Health Care and former GE Healthcare shop ProHealth Care. (The ProHealth win is particularly significant because the health system is based in GE Healthcare's home town of Waukesha, just outside Milwaukee.) Epic also counts the University of Wisconsin Hospital and Clinics, Froedtert Health and the Medical College of Wisconsin as clients in America's Dairyland. Privately held Epic, founded in 1979 with a $70,000 investment, now is valued at $2.6 billion and is on pace to book $780 million in revenue this year, up from $650 million in 2009, the Journal Sentinel reports. Article

Suggested Articles

Roche, which already owned a 12.6% stake in Flatiron Health, has agreed to buy the health IT company for $1.9 billion.

Allscripts managed to acquire two EHR platforms for just $50 million by selling off a portion of McKesson's portfolio for as much as $235 million.

Artificial intelligence could help physicians predict a patient's risk of developing a deadly infection.