Epic EMR is a leading provider of electronic health record (EHR) solutions, widely adopted by healthcare organizations ranging from small clinics to large hospital systems.
Its comprehensive features and scalability make it a powerful choice, but these advantages also come with cost considerations. Understanding its pricing structure is essential for providers evaluating its implementation.
Large Hospitals And Health Systems
The initial setup costs can range from $10 million to $30 million, with annual maintenance and support fees between $1.5 million and $3 million.
Mid-Sized Practices (4-10 Providers)
Initial setup costs could be between $300,000 and $700,000, with annual costs ranging from $150,000 to $300,000.
Small Clinics And Independent Practices
Smaller practices may encounter initial setup costs ranging from $100,000 to $300,000, with annual costs between $50,000 and $150,000.
How Epic is used depends on the unique needs of each practice. Its pricing is influenced by several factors, including:
Type And Size Of Healthcare OrganizationLarger organizations typically incur higher costs due to the need for more comprehensive solutions and support. | Licensing Fees Vs. Subscription ModelsCosts can vary depending on whether the organization opts for a one-time licensing fee or a subscription-based model. | Implementation And Customization CostsTailoring the system to specific organizational needs can add to the overall expense. |
Additional Costs To Consider
Epic EHR’s Epic Value For Large Institutions
The cost of implementing Epic EHR depends on organizational size, specific needs, and chosen features. While larger institutions may find value in its comprehensive capabilities, smaller practices must carefully assess their requirements and explore available options to ensure a cost-effective and efficient EHR solution.
Interested in learning more about Epic? Find out how Epic protects patient privacy here.