EHR vendors have faced various challenges and opportunities over the years, and their performance in the marketplace has been influenced by regulatory changes, technology advancements and evolving healthcare needs, but one vendor continues to gain the hospital market share.
Epic
According to a May 23 KLAS Research report, Epic Systems had 35.9% of the hospital market share for 2022, with 83 hospitals joining its network, giving it 14,330 beds. In 2020, the EHR vendor had 31% of the market share.
The vendor continues to be the leader in market share, seeing an increase in percentage as an influx of hospitals and health systems choose to switch EHR vendors and replace them with Epic.
Oracle Cerner
In 2022, Oracle Cerner had 24.9% of the hospital market share and brought in 22 hospitals, according to KLAS Research. The vendor did lose 4,658 beds.
In 2020, Cerner had 25% of the hospital market share.
The change is being attributed to the vendor adding mostly small standalone facilities to its portfolio during the year. Despite this, Oracle Cerner comes in second place behind Epic, according to KLAS Research.
Meditech
Meditech had 16.3 percent of the hospital market share in 2022 and had 14% of hospital beds, according to KLAS Research.
In 2020, Meditech had 16 percent of the market share and lost 3,458 beds for the year, but it was the only major vendor to record acute care hospital migrations during the year, with 14 wins, according to KLAS.