Going to ask again about HealWell - they are on an acquisition tear and seem to be very AI-focused. Has…
Morning Headlines 9/24/24
Epic Systems’ ‘Stranglehold’ on U.S. Medical Records Harms Patient Care: Lawsuit
Particle Health files a federal antitrust lawsuit against Epic that alleges the Wisconsin-based company is using its dominance in the EHR market to edge Particle out of the payer platform market.
Hancock Health transitioning nearly 50 employees to work for third-party vendor
Forty-nine Hancock Health (IN) employees will transition to working for Revology, the hospital’s RCM vendor, in November.
Women’s virtual care company Midi Health adds $5 million to its now $63 million round of Series B of funding, bringing its total raised to over $88 million.
Someone needed to do it. I’m glad they are calling out Epic for being anticompetitive. Stranglehold is a good term. They consistently pressure their health system customers in ways they would tolerate from NO other vendor. It’s wild to watch the mighty health systems grovel to Epic. It causes delays on projects, blocks data, causes work arounds and ultimately harms patients. When will health systems wake up and remember they are the customer.
Does Particle really think it can convince a jury that Epic was acting maliciously for shutting down a connection that was presenting itself as “treatment” while harvesting patient data for class action lawsuits?
Epic’s also working on getting FHIR, payers, and non-treatment use cases onto TEFCA- but gets characterized as a master manipulator trying to stop interoperability. Why bother doing the right thing when they’ll just attack you anyways?