Who Are The Largest EHR Vendors In 2023
Electronic health records (EHRs) are digital versions of patients’ paper charts. They contain information about patients’ past and present health conditions, medications, allergies, immunizations, and test results. EHRs, often read interchangeably with EMRs (electronic medical records) in the field, can be used to track patients’ health over time, coordinate care between different providers, and make informed decisions about treatment.
Top EHR Vendors 2023
There are many different EHR systems, each with its own strengths and weaknesses. Some of the most popular EHR vendors – our experts’ list of the top 10 for 2023 – include:
- Allscripts
- Cerner
- eClinicalWorks
- Athenahealth
- NextGen
- Epic
- Kareo
- Greenway Health
- Practice Fusion
- DrChrono
Let’s explore each (with a breakdown of subscriber numbers and revenue stats based on our best estimates/EHR market research).
Allscripts
Allscripts EMR is a comprehensive practice management, EHR, and revenue cycle management system designed for small to mid-sized physician practices and hospital organizations. The solution covers multiple areas of clinical care, including surgery, population health, emergency department, anesthesia, and more.
The vendor offers the Allscripts Paragon product version for community clinics and smaller healthcare practices. Similarly, the ‘Sunrise’ product line is aimed at ambulatory practices and large organizations.
Allscripts Practice Management walks practitioners through the entire revenue cycle management process, from eligibility verification to patient collection. The provider also offers a fully-functional suite of integrated financial decision support, budgeting, and long-term planning solutions.
Allscripts has a history of acquiring and merging with other vendors, such as Eclipsys, Practice Fusion, Misys, etc. Their tools are usually rated highly by the audiences.
Prominent software features include lab integration, scheduling, and the efficient management of patient health records. The platform provides quick and easy access to patient information, all of which is stored in one centralized location. It also furnishes clinics with customizable templates for various visits, diagnoses, and patient experiences.
Furthermore, the Allscripts EHR system is a certified ambulatory care solution, offering a single integrated platform that ensures accurate patient records at the point of care. Training resources are available to guide users on how to leverage the various scheduling functions within the system.
Allscripts Stats (EHR Market Share)
| 2022 Revenue Posting | $0.83* Billion |
|---|---|
| 2023 Market Cap | $1.47* Billion (August) |
| Subscriber Count | 180,000*+ Active Users |
Cerner
Cerner EMR is a robust electronic health record system that streamlines healthcare delivery, improves patient outcomes, and enhances efficiency in medical facilities. It’s designed to help healthcare providers manage patient data, including medical histories, medication lists, treatment plans, and test results, all in one centralized location.
The platform offers a wide range of features, including clinical documentation, order management, decision support, and population health management. Its user-friendly interface makes it easy for providers to navigate the system, while its advanced analytics capabilities enable them to identify trends and improve patient care.
With Cerner EMR, healthcare providers can access real-time data and actionable insights, allowing for a more personalized and coordinated approach to care. It is frequently deemed an ‘essential tool’ by healthcare providers looking to improve patient outcomes and reduce costs.
The company is publicly traded, with subscribers in over 35 countries. It is the largest or probably the second largest Health IT vendor, depending on the criteria (number of users vs. revenues). The platform can be deployed on the cloud when used on-site and supports multiple data entry options, such as voice, text, structure, and code words.
Cerner Stats (EHR Market Share)
| 2022 Revenue Posting | $5.80* Billion |
|---|---|
| 2023 Market Cap | $27.91* Billion (August) |
| Subscriber Count | 3,000,000*+ Active Users |
eClinicalWorks
eClinicalWorks continues to be one of the most popular EHR choices for healthcare providers across the globe. This comprehensive solution enables medical professionals to effectively manage patient records, aiding in the delivery of quality care to their patients.
Equipped with a range of features, eClinicalWorks EHR allows healthcare providers to easily and quickly access patient information, view reports, schedule appointments and much more. It is designed to improve the overall efficiency of healthcare delivery, ensuring that physicians across specialties can focus on the most important aspect of their workflows – their patients.
With the rise of telemedicine and patient engagement, this EHR platform is also compatible with patient portals, enabling patients to interact conveniently and innovatively with their healthcare providers.
eClinicalWorks, the privately-held company behind the cloud-based EHR system, was established in 1999 and has been offering services that include the eClinicalWorks EHR for hospitals and practices, patient engagement, revenue cycle management, population health management, and interoperability.
eClinicalWorks Stats (EHR Market Share)
| 2022 Revenue Posting | $1.5* Billion |
|---|---|
| 2023 Market Cap | Not Verifiable |
| Subscriber Count | Not Verifiable |
Athenahealth
Athenahealth EHR is a cloud-based electronic health record system that is designed to streamline your practice workflows. With this platform, you can easily input and track patient information, view lab results, create orders, and generate reports with ease.
One stand-out feature of the software is its integration with the larger Athenahealth suite of services, which includes practice management software and revenue cycle management tools. This integration allows physicians to easily manage all aspects of their practice from one platform.
Additionally, Athenahealth EHR is designed to be user-friendly and intuitive, making it easy for physicians to get started and optimize their workflows quickly.
The system has been widely recognized for its innovation, receiving numerous awards, including the Health Care Informatics Innovator Award and the CIO 100 Award. Athenahealth EHR was also named a top-rated product by KLAS Research in 2019 and 2020.
Athenahealth was established in 1997 by Todd Park, former Chief Technology Officer for the US Federal Government, and Johnathan Bush (cousin of former President George W. Bush).
For larger Healthcare systems and Ambulatory services, athenahealth offers athenaOne and athenaClinicals. The company considers its clients’ feedback to proactively analyze numerous data points from the software to prevent or sort out regulatory compliance, billing, and physician compliance issues. They help practices to understand the costs associated with therapies and procedures.
Athenahealth Stats (EHR Market Share)
| 2022 Revenue Posting | $1.4* Billion |
|---|---|
| 2023 Market Cap | $5.28* Billion |
| Subscriber Count | Not Verifiable |
NextGen
NextGen EHR is another all-in-one electronic medical record system designed to streamline healthcare management processes. Its suite of features includes custom templates, order entry, an integrated billing system, and secure patient portals. With NextGen EHR, healthcare providers and systems can easily manage patient information, reduce medical errors, and improve clinical decision-making.
The platform is highly customizable, adaptable to various practice sizes and specialties, and includes various reporting and analytics tools to help track metrics and insights.
NextGen EHR continually ranks as a top choice among healthcare professionals, as it is a robust, user-friendly system that enhances clinical workflow and administrative operations.
The company was established in 1978 as Quality Systems, Inc and is a publicly-traded Health IT vendor. Based in Horsham, PA, NextGen also has operations in MO and CA. NextGen provides several services, including analytics, electronic data interchange (EDI), revenue cycle management, clearinghouse, financial services, and EHR. They have merged and acquired many EHR vendors over the years, including Opus, HealthFusion, and Micromed.
NextGen Stats (EHR Market Share)
| 2022 Revenue Posting | $0.62* Billion |
|---|---|
| 2023 Market Cap | $1.11* Billion |
| Subscriber Count | 155,000*+ Active Users |
Epic
Epic is one of the field’s most acclaimed and comprehensive EHR solutions offering a multitude of features designed to streamline healthcare data management. This innovative software provides clinicians with real-time patient information to facilitate quick diagnoses, full-circle treatment plans, and high-quality patient care.
Epic EHR includes several modules that cater to clinical, financial, and administrative workflows. These modules include patient registration, scheduling and charting appointments, pharmacy and medication management, laboratory and imaging integration, and revenue cycle management. Additionally, the software provides users with a holistic dashboard, allowing clinicians to view real-time patient data, including lab results, vitals, and clinical notes.
Furthermore, the platform provides robust population management tools, enabling health systems to manage community programs and track patient health outcomes.
The company was founded in 1979 by Faulkner and Judy.
Epic currently boasts the largest market cap in the EHR marketplace – per most industry estimates.
Epic Stats (EHR Market Share)
| 2022 Revenue Posting | $2.9* Billion |
|---|---|
| 2023 Market Cap | Largest in EMR Market/US; figures unverifiable |
| Subscriber Count | 2,500,000*+ Active Users |
Kareo
Kareo EHR is an advanced electronic medical record system that streamlines clinical workflows, giving healthcare providers more time to focus on patient care. As a cloud-based solution, Kareo EHR enables providers to access medical records from anywhere in the world, making it easier to manage patient health information remotely.
The system offers various features that support patient management, documentation, and billing, including customizable templates, integrated patient scheduling, and secure messaging.
Additionally, Kareo EHR is designed with user-friendly interfaces that make it intuitive enough for even the most technologically challenged providers.
The company is privately-held and located in Irvine, California.
Overall, Kareo is a staple in any top 5 EHR vendors list you might see online. The company acquired the billing company ECCO Health in 2013. Their software allows users to update information and search for profiles. They provide superbill creation that automatically reflects the patient’s assessments into their charts. The messaging feature additionally facilitates communication between doctors and patients.
Kareo Stats (EHR Market Share)
| 2022 Revenue Posting | $70* Million |
|---|---|
| 2023 Market Cap | Unverifiable |
| Subscriber Count | 85,000*+ Active Users |
Greenway Health
Greenway Health is a powerful electronic health record solution that is designed to simplify the complexities of patient data management. This software is jam-packed with features that are geared towards enhancing the overall quality of patient care, including automatic charting and real-time analytics to keep care teams informed with the latest data.
Administrators will be glad to know that the system is customizable, allowing healthcare facilities to tailor it to their specific needs and workflows.
Some of the standout features of the Greenway Health EHR include patient engagement tools, advanced billing functions, and an intuitive patient portal.
Greenway Health is a privately-held provider of Health IT solutions for clinical documentation, practice management, and revenue cycle management. The company is sort of a combination of several firms that have been around for a while: Vitera, SuccessEHS, and Medical Manager. They are located across the Midwest and Southern United States.
Greenway Health Stats (EHR Market Share)
| 2022 Revenue Posting | $210* Million |
|---|---|
| 2023 Market Cap | Unverifiable |
| Subscriber Count | Unverifiable |
Practice Fusion
Practice Fusion is an innovative EHR designed to streamline patient care by digitizing medical records. It improves efficiency and collaboration in healthcare, as patients’ records can easily be stored, analyzed, and shared among healthcare professionals.
The software offers a comprehensive range of features, including appointment scheduling, billing, and e-prescribing. Additionally, it provides access to lab results, patient information, and medical history, ultimately improving the accuracy of diagnoses and treatment plans.
Moreover, Practice Fusion EHR is HIPAA-compliant, ensuring patient confidentiality and security.
The software vendor established itself in 2005 with a unique business model. The company supports over 600 pharmacies, labs, health systems, and imaging centers. Their software can be integrated with cloud-based billing services and workflows digitally to outside billers.
Allscripts acquired the company in early 2018.
Practice Fusion Stats (EHR Market Share)
| 2022 Revenue Posting | $38.9* Million |
|---|---|
| 2023 Market Cap | Unverifiable |
| Subscriber Count | 112,000*+ Active Users |
DrChrono
The last leading contender on our list, DrChrono EHR offers a wide range of features, from patient check-ins to e-prescription and even billing. Doctors can view medical histories, create custom templates, and easily manage appointments all in one system.
DrChrono also includes customizable reporting and analytics, making it easy to extract data for further analysis later on.
Patients can also easily use the platform to access their confidential medical information.
DrChrono was established in 2009 by Daniel Kivatinos and Michael Nusimow.
DrChrono Stats (EHR Market Share)
| 2022 Revenue Posting | $23* Million |
|---|---|
| 2023 Market Cap | Unverifiable |
| Subscriber Count | 17,000* + Active Users |
Best EHR Systems For Large/Multidisciplinary Health Units
- Epic
- Cerner
- Allscripts
Best EHR Systems For Large/Multidisciplinary Health Units
We would rate NextGen as our top choice for ambulatory practices of all specialties.
NextGen offers a full suite of healthcare IT software solutions, including patient portal, scheduling, clinical care, and billing systems which are designed to adapt to your practice workflow.
Best For Population Health Management
eClinicalWorks EHR is highly suited for population health management.
The platform’s ‘Care Plan Oversight’ module aids practices in managing patients’ post-acute care and providing home health supervision. This indicates that the EHR system is designed to handle complex care situations across demographics.
Moreover, eClinicalWorks offers comprehensive tools for practices to meet the behavioral health needs of their patients. Behavioral health is a critical component of population health, and having systems in place to manage it effectively is crucial.
The Population Care Planning feature gives providers a clearer view of patients’ overall health and wellness. This holistic view is a key aspect of population health management, which aims to improve the health outcomes of a group by addressing individual health behaviors and risks.
Finally, the eClinicalWorks Population Health Management Analytics leverages closed-loop analytics to provide comprehensive reporting, alerting, and messaging functionalities. These analytics capabilities are pivotal in monitoring and enhancing long-term population health outcomes.
Suited For Budget Practice Management
Practice Fusion is renowned for its affordability, particularly for smaller practices. Notably, it was the pioneer in offering a fully free, web-based EHR system. However, it has since transitioned to a subscription-based model, ensuring continued access to its exceptional services.
Kareo EHR also stands out for its competitive pricing, particularly for small to medium-sized practices. The vendor provides a variety of pricing plans to accommodate different budget sizes, offering flexibility and affordability to healthcare providers.
Please contact our friendly helpline executives to determine the exact vendor subscription costs for your practice at (661) 384-7070.
Next Steps…and Final Checks
If you’re curiosity or interest is piqued by any of the options from our EHR software vendors list, here’s what you need to do:
- Go to the EHRs’ respective software profile pages by using the search field at the top of this page or on our homepage.
- Read through the updated product profile. Pay special attention and opt for the ‘Watch Demo’ and ‘Get Pricing’ options mentioned. These are your best, free, bets for quickly obtaining accurate, hands-on pricing and usage intel on your chosen EHR vendor.
- To fast-track this process, you can hop on a quick call with our helpline reps – they’ll be more than happy to match the right EHR offering with your clinical workflow needs and budget.
Lastly, when scouting for the best EMR software for medical practices, always conduct a snap check against the user-empowering/protecting criteria listed in this table:
Evaluation Criteria | Notes/Further Considerations |
|---|---|
Does the software/provider engage in the exchange of clinical statistical data? | Ensure strict information protection measures when sharing data for accurate diagnoses to safeguard your privacy. Be cautious of shady software providers not listed on reliable platforms as they may sell clinical data for profit or transfer sensitive details without authorization. |
Is the software general-purpose or niche-centric? | Choose an EHR that fits your workflow. Specific-use systems like population health software or tools for inpatient or acute care hospitals may not be suitable for holistic treatment facilities. |
Is the software cloud-based or server-based? | This has an important bearing on your site/practice hardware and other infrastructural requirements. Also, you want to check if the vendor offers free implementation services (a potential cost-saving). |
Is the vendor involved in any ongoing legal problems? | A clean vendor/software record indicates smooth EHR implementations and adherence to client-preferencing quality measures (though this is not definitive). A history of federal contracting also points to robust user-protection protocols being in place. |
If you take care to follow all these guidelines, you’re sure to finalize a winning healthcare software minus the hassle traditionally associated with the venture.
As always, we’re committed to providing the maximum degree of actionable value with every published resource.
If you want to deliberate and engage further on any of the topics covered here, we’re waiting on the line!
* Please note that any statistical information/figures quoted in this piece have been verified and sourced from credible top-SERP resources published by our industry peers.
