Company Directory - Epic Systems Corporation
Company Details - Epic Systems Corporation
Epic Systems Corporation
WebsiteVerona, United States
Epic Systems Corporation is a leading healthcare software company specializing in electronic health record (EHR) solutions and other healthcare management software that supports hospitals and medical practices across the United States.
CCI Score
CCI Score: Epic Systems Corporation
-58.42
0.04%
Latest Event
Epic Faces Antitrust Lawsuit Over Alleged Monopoly Practices
Epic Systems Corporation is now embroiled in its first antitrust lawsuit after Particle Health accused the company of using its dominant position in the U.S. electronic health records market to stifle competition. The lawsuit alleges that Epic deliberately slowed data-sharing requests on its network to suppress rivals, potentially harming market innovation and consumer choice.
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QUISLING
Epic Systems Corporation is currently rated as a Quisling.
Latest Events
- SEP272024
Epic Systems Corporation is now embroiled in its first antitrust lawsuit after Particle Health accused the company of using its dominant position in the U.S. electronic health records market to stifle competition. The lawsuit alleges that Epic deliberately slowed data-sharing requests on its network to suppress rivals, potentially harming market innovation and consumer choice.
-50
Business Practices and Ethical Responsibility
March 28
The lawsuit highlights alleged unethical business practices by Epic, asserting that the company leveraged its monopoly power in the EHR market to undermine competition. This type of behavior concentrates market power in a way that can smother innovation and subordinate smaller competitors, reflecting practices that echo authoritarian corporate control.
Healthcare Software Company Epic Faces First Antitrust Suit For Alleged Monopoly Activity
-40
Economic and Structural Influence
March 28
Allegations that Epic is using its market dominance to control the flow of health data not only impedes competition but also reinforces structural economic imbalances. Such concentration of power can facilitate conditions that are conducive to authoritarian practices by limiting alternatives and centralizing control.
Healthcare Software Company Epic Faces First Antitrust Suit For Alleged Monopoly Activity
- SEP242024
Particle Health has filed a federal antitrust lawsuit claiming that Epic Systems Corporation's dominant hold over electronic health records is used to stifle competition and control emerging payer platforms, which critics argue ultimately harms patients and restricts market innovation. Epic refutes these claims, asserting that the lawsuit is a diversion from Particle Health's own regulatory missteps.
-70
Business Practices and Ethical Responsibility
March 28
Epic's alleged monopolistic control over the EHR market and its aggressive tactics—such as restricting data access to competitors like Particle Health—raise serious concerns about its commitment to ethical business practices. These practices not only limit competition but can negatively impact patient care by reducing innovation in healthcare delivery.
Epic EHR monopoly violates federal antitrust laws, hurting business and patients, lawsuit says
-70
Economic and Structural Influence
March 28
The lawsuit highlights concerns over Epic's economic and structural influence in the healthcare market. By allegedly controlling up to 94% of patient records and using multi-faceted tactics to block competitors, Epic is accused of creating an imbalanced market structure that could lead to broader negative economic and innovation impacts in the healthcare industry.
Epic EHR monopoly violates federal antitrust laws, hurting business and patients, lawsuit says
- SEP242024
A federal lawsuit filed on September 24, 2024, alleges that Epic Systems used its dominant position in the electronic health records market to stifle competition and block a rival payer platform, leading to claims of antitrust violations that could harm patients, providers, and the overall health care ecosystem.
-60
Business Practices and Ethical Responsibility
March 28
The lawsuit alleges that Epic Systems leveraged its overwhelming market share to 'stamp out competition,' a clear case of unethical business practices. This anticompetitive behavior harms not only innovation and consumer choice but also undermines fair labor practices and broader market fairness, aligning with authoritarian corporate behavior that concentrates power in the hands of a single firm.
Federal lawsuit alleges Verona-based Epic Systems violated antitrust law
-40
Economic and Structural Influence
March 28
Epic Systems is accused of exploiting its near-monopolistic control over U.S. electronic health records to undermine emerging competitors, reinforcing structural economic inequities. Such abuse of market dominance not only erodes competitive market dynamics but also risks concentrating power in ways that mirror authoritarian structures.
Federal lawsuit alleges Verona-based Epic Systems violated antitrust law
- SEP242024
Particle Health filed a federal antitrust lawsuit against Epic Systems Corporation alleging that Epic employed a multi-tentacled approach, including cutting off data access, filing unfounded complaints, and overwhelming support operations, to consolidate its dominance in the U.S. healthcare market.
-70
Business Practices and Ethical Responsibility
March 28
The lawsuit accuses Epic of engaging in unethical business practices by deliberately restricting data access to weaken a competitor, an action that undermines fair competition and ethical responsibility in the healthcare industry.
Epic Systems Slammed by Antitrust Lawsuit | Healthcare Innovation
-50
Technology and Services Impact
March 28
Epic's control over electronic health record systems is alleged to be used strategically to block competitors by manipulating access to critical patient data, raising concerns over its technology’s role in stifling market competition and innovation.
Epic Systems Slammed by Antitrust Lawsuit | Healthcare Innovation
-60
Economic and Structural Influence
March 28
The allegations suggest that Epic is leveraging its dominant market position to exert economic and structural influence in the healthcare sector, potentially reinforcing monopolistic practices that harm both competitors and patients.
Epic Systems Slammed by Antitrust Lawsuit | Healthcare Innovation
- SEP242024
Particle Health, an interoperability startup, has filed a lawsuit against Epic Systems alleging that Epic’s dominant control over patient data and refusal to provide access via its Carequality exchange stifles competition and harms efforts to improve patient care.
-70
Business Practices and Ethical Responsibility
March 28
Epic is accused of engaging in monopolistic business practices by leveraging its dominant position in the electronic health record market to control patient data access. This restricts competition and innovation in healthcare, potentially undermining efforts to improve patient care through data interoperability.
Epic sued by interoperability startup following dispute over patient data
-60
Economic and Structural Influence
March 28
Epic's near-total control over patient records—reportedly holding data for approximately 94% of U.S. patients—gives it an overwhelming economic and structural influence in the healthcare market. This concentration of power can hinder fair market competition and the development of improved healthcare solutions.
Epic sued by interoperability startup following dispute over patient data
- SEP232024
Particle Health filed an antitrust lawsuit in federal court on 2024-09-23, alleging that Epic Systems has leveraged its dominant position over patient data and the U.S. healthcare system to stifle competition in the electronic health record market, effectively operating as a monopolist.
-70
Business Practices and Ethical Responsibility
March 28
Epic Systems is accused of unethical business practices by using its dominant market position to hinder competition, which raises serious concerns over its commitment to fair and ethical business conduct. Such monopolistic practices contribute to economic inequality and undermine the competitive dynamics essential for a healthy marketplace.
Electronic health records giant Epic Systems sued over alleged monopolistic practices
-60
Economic and Structural Influence
March 28
The lawsuit underscores concerns regarding Epic’s extensive economic and structural influence in the healthcare software market. By consolidating control and limiting competition, Epic contributes to an economic structure that can risk fostering centralized power and reduced accountability, with adverse implications for market diversity and democratic oversight.
Electronic health records giant Epic Systems sued over alleged monopolistic practices
- SEP232024
Particle Health has filed a federal antitrust lawsuit against Epic Systems, accusing the company of deliberately blocking the flow of essential patient data from its EHR system. The complaint alleges that this action has negatively impacted the quality of care for over 2,800 patients by preventing doctors from accessing complete medical records.
-80
Business Practices and Ethical Responsibility
March 28
Epic's alleged deliberate blocking of critical clinical information undermines ethical business practices in healthcare. This anticompetitive behavior compromises patient care and transparency, reflecting a worrying abuse of power in managing vital health records.
-70
Technology and Services Impact
March 28
The lawsuit highlights how Epic's control over its electronic health record software is used not only as a competitive tool but also as a barrier to essential clinical data exchange. This misuse of technology directly impacts patient care and restricts transparency in healthcare services.
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