Epic Systems expands EHR market share lead over Oracle Health

Epic Systems, the biggest electronic health records (EHR) vendor, notched its largest ever net gain in hospital market share on record in 2024, widening its lead over rival Oracle , according to a report from Klas Research on Wednesday. Epic added a total of 176 facilities and 29,399 beds in 2024, while Oracle lost 74 sites and 17,232 beds during the same period, the report said. For the first time ever, Oracle declined to share a list of new contracts with Klas, a health-care IT research foundation. Klas said it estimated Oracle's market share. "Beyond strictly technological considerations, Epic's reputation for customer partnership has brought them to the forefront of most EHR considerations," the report said. Oracle and Epic didn't immediately respond to CNBC's request for comment. EHRs are digital versions of a patient's medical history that are updated by doctors and nurses. The software sits at the center of the modern U.S. health-care system. Oracle became the second-largest ... Read full article.