Following the healthcare IT news, you must be wondering who is winning the EMR Software race. Every year, competition keeps rising between the two Electronic Health Records (EHR) Software giants in the USA, Epic Systems and Oracle Health EMR Software.
This battle became very interesting, as Oracle came with a big move by acquiring Cerner; this was a massive $ 28 billion acquisition. The acquisition seemed like a change in dynamics, but the EMR Software market had other plans.
Epic EMR Software Keeps the Momentum Going
It can be confidently said that Epic EHR Software has kept gaining its ground in the software market by taking proactive steps quietly. The EMR Software vendor isn’t loud, but it believes in making headlines by making its users satisfied and meeting their goals.
Currently, Epic Systems dominates the EHR Software market with a market share of 42.3%. However, the major news was the story of its growth when 176 hospitals in the USA transitioned to Epic EMR Software – shedding light that healthcare organizations trust the Electronic Medical Records (EMR) Software vendor.
In a healthcare environment that is constantly evolving, hospitals prefer Epic Systems because of its reliability, robust interoperability, and intuitive tools that can be easily used by healthcare teams.
Oracle Health’s Acquisition of Cerner EHR Software
The acquisition by Oracle Health made big headlines. With a promising goal of offering a powerful cloud-based EMR Software infrastructure with AI tools, making way for modern healthcare delivery.
Since the acquisition, the market share has stayed stagnant to 22.9%, and Oracle Health EHR Software has lost 74 hospitals. Users have shown concern that there are migration issues and workflow disruptions, putting a question mark about future success with the EMR Systems platform.
What went wrong – The Bigger Picture?
This shift in the market highlights that what works is to keep the momentum. Oracle Health focused on integrating Cerner to reshape its healthcare strategy. Whereas Epic EMR Software stayed focused and rolled out tools to address prevailing issues in the software market, such as staffing shortages and fatigue related to EHR Software usage. Epic EHR Software filled this gap, made its system even more reliable, and won the hearts of hospitals and healthcare organizations.
Who is winning the $28 Billion EHR Software Battle?
Oracle Health EMR Software is pretty much in the game and has the potential. The Cloud-based software solutions and AI integrations can help the vendor regain its position, but it will take time.
Meanwhile, Epic EMR Software continues to grow with steady achievements and enhancements that have widened the gap. We can say that hospitals want stability and an EHR Software vendor that promises easy migration, which can cut down on bottlenecks. The acquisition by Oracle Health caused friction at a time when hospitals desired clarity and proven solutions.
