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Epic Systems

EHR software for hospitals and clinics

Overview

Epic Systems Corporation develops and sells electronic health record (EHR) software. Its main product, Epic, is an integrated EHR platform used by hospitals, academic medical centers, and large medical groups to manage patient care and administrative tasks. The system combines registration, scheduling, clinical documentation, and medical billing into a single database and workflow, with deployment and ongoing support provided as a service. Epic differentiates itself by serving large US healthcare organizations with a comprehensive, centralized platform, a large existing client base, and extensive implementation and maintenance services that tailor workflows to hospital needs. The company’s goal is to improve the quality of care and patient safety by centralizing patient data and streamlining clinical and administrative processes across care teams.

Significant Headcount Growth

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About Epic Systems

Simplify's Rating
Why Epic Systems is rated
B-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise SoftwareHealthcare

Company Size

10,001+

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$40M

Headquarters

Verona, Wisconsin

Founded

1979

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Simplify's Take

What believers are saying

  • Memorial Hermann, Reid Health, and Community Health Network validated Epic's patient-facing AI in 2026.
  • OLVG cut note-writing time over 30% with Chart with Art on September 2, 2026.
  • Hello World prevented 3.4 million no-shows, and Branded Calling is rolling out nationwide.

What critics are saying

  • Epic paused most development October 2, 2026 after MyChart flaws exposed unlogged access.
  • Stirling Martin said some MyChart configurations let outsiders view records without audit logs.
  • A major MyChart breach would shatter Epic's trust moat across hospitals and patients.

What makes Epic Systems unique

  • Epic's September 2026 Agent Factory lets health systems build, monitor, and evaluate AI agents.
  • MyChart now bundles Emmie, Chart with Art, and Branded Calling across one workflow.
  • Epic's August 2026 real-time prior authorization checks sit inside clinician ordering workflows.

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Funding

Total Funding

$40M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity Non VC Funding Comparison Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

13%

1 year growth

15%

2 year growth

15%
HIMSS Media
Oct 16th, 2026
Epic launches new Prescription Marketplace price transparency tool.

Epic launches new Prescription Marketplace price transparency tool. The technology, designed to help patients more easily comparison shop and pick the most affordable medications, was developed with input from Amazon Pharmacy and is being praised by companies such as Costco, Eli Lily and Mark Cuban's Cost Plus Drugs. By Mike Miliard, Executive Editor | October 16, 2026 | 9:00 AM Epic on Thursday announced its new Prescription Marketplace tool. It's billed as way to give clinicians at its client health systems - and the patients they serve - the chance to more easily compare and shop across different pharmacies for the best prices, before the prescriptions are placed. WHY IT MATTERS Prescription Marketplace - which Epic plans for a summer 2027 release - can show pharmacy cash prices that a patient would pay for a medication without insurance, alongside what the same drug would cost through a health pan. The technology, which the comany says has been in the works over the past two years with collaboration from Amazon Pharmacy, could offer patients and their doctors better visibility in pharmacy and insurance policy pricing, and could help determine whether a given prescription med might cost less by simply paying cash. "This will give patients transparency," said Mark Cuban, cofounder of Cost Plus Drugs, which is also working with Epic to build the new tool, in a statement. "If someone's insurance says a prescription costs $500 but they can buy the exact same drug for $100 at CostPlusDrugs.com, they should know that before they leave the doctor's office." THE LARGER TREND Epic cites research from KFF that shows how more than 40% of American adults say cost concerns keep them from taking medications as prescribed. The company also notes that its existing Real-Time Prescription Benefit tool enables physicians to compare insurance-covered costs and generic alternatives - which Epic claims saved patients more than $250 million in 2025. "Customers deserve to know what their medications will cost, choose whether to use insurance or pay cash, and get their prescriptions in a way that works for them," said Tanvi Patel, vice president and general manager of Amazon Pharmacy. ON THE RECORD "Having integrated access to clear and transparent pricing enables patients and prescribers to make better decisions, reduce abandonment at the pharmacy counter, and close care gaps," said Ricky Li, assistant vice president at Costco. "Patients shouldn't have to navigate a complicated healthcare system on their own to understand their options for filling a prescription," added Jen Mazur, general manager of U.S. LillyDirect at Eli Lilly. "Giving patients and their healthcare providers greater visibility into pharmacy options and costs at the point of care is another important step toward reducing friction in the healthcare experience." Mike Miliard is executive editor of Healthcare IT News. Email: [email protected] Healthcare IT News is a HIMSS publication. Follow Hospital Infection on LinkedIn: Healthcare IT News WATCH NOW: Medicare Advantage changes could shift payments

Chain Drug Review
Oct 15th, 2026
Prescription Marketplace lets patients compare pharmacy prices at the point of care.

Prescription Marketplace lets patients compare pharmacy prices at the point of care. Any pharmacy will be able to share its cash prices with health systems using Epic, so patients can choose the most affordable option - helping them fill their prescriptions at a time when more than 4 in 10 U.S. adults say cost has kept them from doing so. October 15, 2026. 8:30 AM VERONA, Wis. - With Prescription Marketplace, clinicians and patients using Epic at participating health systems can compare prescription costs across pharmacies before a medication is ordered, including both insurance-covered prices and cash-pay options. More than 40% of American adults report not taking their medications as prescribed because of cost. Epic's existing Real-Time Prescription Benefit tool already helps address that challenge by showing clinicians a patient's out-of-pocket costs under their insurance plan, along with lower-cost generic alternatives. The feature helped patients save more than $250 million in 2025. Building on that effort, Prescription Marketplace adds pharmacy cash prices to the comparison process, allowing clinicians and patients to view uninsured pricing alongside insurance-based costs. Because medication prices can vary based on the drug, pharmacy, and insurance coverage, paying cash may sometimes be the more affordable option, enabling patients to make more informed decisions before a prescription is sent. "This will give patients transparency," said Mark Cuban, co-founder of Mark Cuban Cost Plus Drugs, one of the pharmacies working with Epic to build this feature. "If someone's insurance says a prescription costs $500 but they can buy the exact same drug for $100 at CostPlusDrugs.com, they should know that before they leave the doctor's office." Amazon Pharmacy has worked with Epic since early 2025 to help shape the development of Prescription Marketplace. "Getting medications should be simple, transparent, and convenient," said Tanvi Patel, vice president and general manager of Amazon Pharmacy. "Customers deserve to know what their medications will cost, choose whether to use insurance or pay cash, and get their prescriptions in a way that works for them - whether delivered to their doorstep or picked up at an Amazon Pharmacy kiosk where available." "Having integrated access to clear and transparent pricing enables patients and prescribers to make better decisions, reduce abandonment at the pharmacy counter, and close care gaps," said Ricky Li, assistant vice president at Costco. "Patients shouldn't have to navigate a complicated healthcare system on their own to understand their options for filling a prescription," said Jen Mazur, general manager of U.S. LillyDirect at Eli Lilly and Company. "Through LillyDirect, we're focused on making access to prescribed medicines simpler, more transparent and more convenient. Giving patients and their healthcare providers greater visibility into pharmacy options and costs at the point of care is another important step toward reducing friction in the healthcare experience." Epic will release Prescription Marketplace in summer 2027. Amazon Pharmacy, Costco, and Eli Lilly will participate alongside Epic in a panel discussion on medication affordability at the Open@Epic conference in Verona, Wisconsin on Wednesday, October 21.

Modern Healthcare
Oct 15th, 2026
Epic rolls out prescription price transparency tool.

Epic rolls out prescription price transparency tool. October 15, 2026 07:00 AM CDT A new Epic Systems tool will allow providers and patients to compare medication prices at different pharmacies. As PBM scrutiny intensifies, Prime Therapeutics is revamping its rebate model and pushing back on allegations that its pharmacy deal hurt competition.

Timothy Sykes
Oct 15th, 2026
Ericsson ADRs grind higher as traders eye Vonage, Saab deals.

Ericsson ADRs grind higher as traders eye Vonage, Saab deals. JACK KELLOGG - UPDATED OCT. 15, 2026, 7:48 AM ET Ericsson stocks have been trading up by 11.9 percent following upbeat coverage on its 5G network contract expansion prospects. Key takeaways. * Vonage's Branded Calling tech is being integrated into Epic's Hello World platform, letting healthcare providers show verified identity, logos, and call reasons on patient phones. * The healthcare-focused Branded Calling push aims to drive higher answer rates, fewer missed appointments, and better patient engagement for providers. * Ericsson signed an MoU with Saab to explore combined terrestrial and space-based communications for defense, security, and societal resilience. * Shares dipped more than 2% premarket on the Saab MoU headline, reminding traders that good news does not always mean immediate price strength. * ERIC ADRs later logged gains of 1.6% and 1.3% in US trading, ranking among top European names on those sessions. Live Update At 07:47:57 EDT: On Thursday, October 15, 2026 Ericsson stock [NASDAQ: ERIC] is trending up by 11.9%! Discover the key drivers behind this movement as well as its expert analysis in the detailed breakdown below. Quick financial overview. ERIC has been quietly grinding higher after a sharp drop from the 10.26 open on 2026/09/21 to the recent 9.58 close on 2026/10/14. The tape shows steady support building in the low-9s, with multiple bounces between 9.18 and 9.30 before reclaiming the 9.70 area. That's the kind of stair-step pattern active traders like to see: higher lows, controlled pullbacks, and no wild gaps. Intraday, the 5-minute chart around 10.5-10.75 shows tight ranges and low volatility. ERIC is trading like a big, liquid telecom name, not a thin momentum flyer. That matters for sizing and risk; you usually won't get 50% squeezes, but you can work levels with more precision. On the fundamentals side, Ericsson's revenue sits around $236.7B in local currency with a pretax margin of 11.1%. A price-to-earnings ratio near 10.9 and price-to-sales around 1.3 put ERIC in classic value territory rather than a high-growth story. Return on equity of 8.0% and a strong 21.2% one-year ROIC signal the core business still throws off real profits. Add a roughly 3.3% dividend yield, and ERIC becomes more of a slow-burn compounder that trend traders monitor for swing opportunities around news catalysts. Why traders are watching ERIC right now. ERIC has several fresh catalysts on the tape, and that is what pulls short-term traders toward a slower telecom name. First, the Vonage unit is finally showing strategic teeth. By integrating Vonage Branded Calling into Epic's Hello World platform, Ericsson is plugging into one of healthcare's most critical workflows: getting patients to actually pick up the phone. This is more than a slick caller ID. Verified branding, logos, and clear call reasons let hospitals show patients that "this is your real clinic, calling about a real appointment." Higher answer rates and fewer no-shows translate into tighter schedules and more revenue for providers. For Ericsson, it means deeper roots in healthcare communications and a stronger software/API story inside ERIC, an angle traders watch because software margins and recurring revenue usually get higher multiples than pure hardware. Then there's the Saab MoU. Ericsson and Saab are exploring integrated terrestrial and space-based communications for defense, security, and resilience. It's not a signed contract yet, but it plants ERIC squarely in the path of defense and space-comms spending - areas that have attracted serious global budgets. Traders see that as "optionality": no guaranteed cash today, but a clear signal of where management wants to push the business. The irony is that ERIC traded more than 2% lower premarket on the same day the Saab MoU hit. That's a classic reminder that macro flows and sector weakness in telecom equipment can overpower any one headline. Still, later sessions told a different story. ERIC ADRs popped 1.6% on one day and 1.3% on another, landing among the top continental European gainers in US trading. For active traders, that shows the stock can wake up and trend when flows flip, even inside a pressured sector. Conclusion. Right now, ERIC sits at an interesting crossroads for traders who like steady names with real catalysts. The chart shows a base forming in the low-9s and controlled intraday action around the 10.50-10.75 band. Under the hood, Ericsson's balance sheet carries roughly $44.0B in cash and cash equivalents against about $34.9B of long-term debt, with total assets near $279.2B and equity a bit above $109.5B. That financial strength gives Ericsson room to keep funding moves like the Vonage build-out and the Saab collaboration. The strategic story is shifting from pure telecom hardware to a more diversified communications platform. ERIC is leveraging Vonage APIs in healthcare to solve real, high-friction problems like missed appointments. At the same time, the Saab MoU puts Ericsson's technology in the conversation for future defense and space-comms projects. None of this guarantees big price moves, but it does stack potential catalysts ahead of the Q3 2026 report, due 2026/10/15 with a live webcast from the CEO and CFO. For traders, the playbook is straightforward: map the recent support and resistance levels, mark the earnings date, and be ready for volatility as the market weighs these new initiatives. As Tim Sykes often says, "Patterns repeat, but you have to be prepared when they do." As millionaire penny stock trader and teacher Tim Sykes, says, "Cut losses quickly, let profits ride, and don't overtrade.". ERIC is acting like a slow, repeatable pattern stock backed by real news flow - a name to keep on the watchlist, not to chase blindly. This analysis is for educational and research purposes only, not investment advice. This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Its content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to Millionaire Media, LLC. for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize its news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities. Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles: Once you've got some stocks on watch, elevate your trading game with StocksToTrade the ultimate platform for traders. With specialized tools for swing and day trading, StocksToTrade will guide you through the market's twists and turns. Dig into StocksToTrade's watchlists here: The stock gets the hype. Jeff Z. wants to know why now. Why this stock? Why this month? What makes the timing interesting? Those questions are behind Jeff Z.'s Calendar Stocks approach. He studies recurring monthly buying patterns and looks for stocks where he believes institutional demand could create a trading opportunity. Inside Monthly Money Flows, he narrows that research to one new trade idea each month, with his analysis and the entry, target and stop levels he's watching. For $1, get your first full year, plus the Calendar Stocks Blueprint, the Crash Course Video Series, and Options 101. Watch Jeff explain the approach. Then see what your dollar gets you. How much has this post helped you? (0 votes, average: 0 out of 5)

StocksToTrade
Oct 15th, 2026
Ericsson stock firms as Vonage and Saab deals draw traders.

Ericsson stock firms as Vonage and Saab deals draw traders. TIM BOHEN - UPDATED OCT. 15, 2026, 7:48 AM ET Summarize this article Ericsson stocks have been trading up by 11.9 percent following upbeat news of a major new 5G infrastructure contract. Key takeaways. * Vonage's Branded Calling tech is being plugged into Epic's Hello World platform to let healthcare providers show verified identity, logos, and call reasons on patient phones. * The Branded Calling rollout targets higher answer rates, fewer no-shows, and stronger engagement, deepening Ericsson's push into healthcare communications. * Ericsson signed a memorandum of understanding with Saab to explore combining terrestrial and space-based communications for defense, security, and resilience. * ADRs of ERIC have recently logged roughly 1.3%-1.6% gains on select days, standing out among continental European names in US trading. * ERIC will post its Q3 2026 report on 2026/10/15, followed by a webcast with its CEO and CFO. Live Update At 07:47:30 EDT: On Thursday, October 15, 2026 Ericsson stock [NASDAQ: ERIC] is trending up by 11.9%! Discover the key drivers behind this movement as well as its expert analysis in the detailed breakdown below. Quick financial overview. ERIC has been grinding higher after a sharp pullback. From 2026/09/21 around $10.25, Ericsson slipped into the low $9s, then stabilized and bounced, closing at $9.71 on 2026/10/13 and $9.58 on 2026/10/14. That tells traders the recent trend is still fragile, but dip buyers are active near $9.20-$9.30 support. Intraday, ERIC's 5-minute chart shows tight action between roughly $10.50 and $10.78, with no wild spikes. That kind of controlled range often signals accumulation rather than panic. For short-term trading, it gives clear levels: breakout watchers will eye pushes above $10.80, while risk managers focus on support around $10.50. On the fundamentals side, Ericsson posts about $236.7B in annual revenue and trades at a price-to-earnings ratio near 10.9 and a price-to-sales around 1.3. For a global telecom equipment and cloud communications player, those are value-style numbers, not hype. A 3.3% dividend yield, backed by solid cash and working capital, adds another anchor that can attract income-oriented traders who still care about chart setups. Why traders are watching ERIC now. ERIC is on radar this week because the story is shifting from just 5G hardware to higher-margin, stickier software and services. The headline move is at Vonage, Ericsson's cloud communications arm. Vonage is integrating its Branded Calling technology, built on the Vonage Voice API, into Epic's Hello World voice platform. That is not a flashy meme headline, but for serious traders, it matters. Epic runs one of the most widely used electronic health record systems in the US. When Epic taps ERIC's Vonage unit so hospitals and clinics can display verified names, logos, and call reasons on patient phones, that's deep integration into a critical healthcare workflow. Fewer missed appointments and better engagement mean real operational value for customers. That's how Ericsson locks in recurring usage, not just one-off licenses. For ERIC traders, this is a classic "follow the pipes" story. Every time a healthcare provider makes or receives a call through Epic's Hello World with Branded Calling, Ericsson's platform sits in the middle. That usage can scale quietly in the background. At the same time, ERIC signed a memorandum of understanding with Saab to explore integrated terrestrial and space-based communications for defense, security, and societal resilience. It's early-stage - an MoU, not a signed multi-year contract - but it plants Ericsson's flag in the growing defense and space communications arena. That diversifies the story beyond macro-sensitive mobile networks. The market reaction has been mixed in the very short term. ERIC was down more than 2% premarket on the Saab news day, reminding traders that strategic headlines do not always override broader sector or macro flows. Yet Ericsson's ADRs later posted 1.3%-1.6% gains on select sessions and ranked among the top European names in US trading. So momentum is quietly turning, even while telecom equipment sits on the weaker side of the S&P Europe Select ADR Index. Conclusion. ERIC now sits at an interesting crossroads: the chart shows a cautious base, while the news tape flashes signs of a slow pivot toward higher-value businesses. The Vonage Branded Calling integration into Epic's Hello World platform tells traders that Ericsson is monetizing its acquisition by embedding itself deep into healthcare communications. The Saab MoU adds optionality in defense and space-based networking, a space where budgets tend to be sticky and long term. Financially, ERIC's combination of a sub-11 P/E, around 1.3 times sales, and a roughly 3.3% dividend yield gives traders a defined value backdrop. The balance sheet data - strong cash, meaningful working capital, and manageable long-term debt - supports the idea that Ericsson can keep funding R&D, partnerships, and selective deals like Vonage without reckless leverage. The next hard catalyst is the Q3 2026 report on 2026/10/15, plus the CEO/CFO webcast. Traders in ERIC will be zeroed in on any color around Vonage traction, healthcare wins with Epic, and the roadmap for the Saab partnership. As Tim Sykes likes to say, "Patterns repeat, but only for traders who study them." That dovetails with the way many short-term and swing traders approach ERIC's chart: they understand that, as Tim Bohen, lead trainer with StocksToTrade says, "There's a pattern in everything; you just have to stick around long enough to see it." For ERIC, that means watching how the stock has reacted to past earnings, mapping those moves against the current consolidation, and coming in with a plan - tight risk, clear levels, and zero hesitation to cut losses if the pattern breaks. This is stock news, not investment advice. StocksToTrade News delivers real-time stock market updates tailored to highlight the key catalysts driving short-term price movements. Its coverage is designed for active traders and investors who thrive in fast-moving markets, with a focus on volatile sectors like penny stocks, AI stocks, Robinhood stocks and other momentum plays. From earnings reports and FDA approvals to mergers, new contracts, and unusual trading volume, StocksToTrade, Inc. break down the events that can spark significant price action. Looking to level up your trading game? Explore StocksToTrade, the ultimate platform for traders. With powerful tools designed for swing and day trading, integrated news scanning, and even social media monitoring, StocksToTrade keeps you one step ahead. Once your watchlist is set, take the next step and trade with confidence using StocksToTrade's robust platform. Don't miss out - grab your 14-day trial for just $7 and experience the edge you need to thrive in today's fast-paced markets. The stock gets the hype. Jeff Z. wants to know why now. Why this stock? Why this month? What makes the timing interesting? Those questions are behind Jeff Z.'s Calendar Stocks approach. He studies recurring monthly buying patterns and looks for stocks where he believes institutional demand could create a trading opportunity. Inside Monthly Money Flows, he narrows that research to one new trade idea each month, with his analysis and the entry, target and stop levels he's watching. For $1, get your first full year, plus the Calendar Stocks Blueprint, the Crash Course Video Series, and Options 101. Watch Jeff explain the approach. Then see what your dollar gets you.

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