Cerner vs Epic Software Detailed
There are many pros and cons to each EMR software, but which one is better for your business? Read on to learn more about the costs, market share, and interoperability with third-party applications. Ultimately, it comes down to your needs and the needs of your patients.
Here are some of the pros and cons of each system.
Interoperability with third-party software
A Cerner EMR can be integrated with other healthcare software systems. The company’s platforms are flexible and open, allowing clients to create customized extensions to fit their business needs. Cerner is an industry leader in electronic health records, with a long list of high-profile clients.
Interoperability with other systems is key to its success. To ensure interoperability, Cerner partners with third-party EMR software providers. During HIMSS19 in Orlando, Florida, Cerner will discuss upcoming interoperability enhancements. These include an integrated longitudinal patient record, open standards for edge development, and functionality to streamline referral management.
With this enhanced interoperability, clinicians will have one unified, organized view of multiple clinical data sources. This is crucial for seamless integration between EMRs and other health IT systems.
In order to ensure interoperability, the EMR vendor should have an FHIR API key. It is a good idea to check what data categories each application supports before selecting the one that best meets your needs. Additionally, you should also look at the endpoints of the EHR/EMR API. Checking which endpoints can access the desired records is crucial for successful integration.
Cost
Although both companies provide similar software solutions for medical practices, they are different in terms of cost. Epic is the more expensive of the two and is more widely used for larger healthcare facilities and clinical settings.
However, it is difficult to determine exactly how much each will cost, and the price may vary depending on the features and implementation process. However, both companies have a wealth of features, and they are both worth looking into.
The costs of Epic EMR software are slightly higher than those of Cerner, but the price range is much wider than that of the former. While Epic costs more than Cerner, the cost of implementation will vary based on your budget and the complexity of your needs. Epic can be used for smaller medical practices, but it is ideal for large hospitals with plenty of money to spend. In addition to their smaller price difference, both systems offer comprehensive training and are more compatible with third-party EHRs.
Despite the differences between the two systems, Cerner is attempting to capture the smaller provider market. In the U.S., they currently control over 25 percent of the acute-care hospital market, compared to Cerner’s twenty-one percent share. The two companies have been the leaders in this market for five years, with Epic leading the pack for the last six.
Also Read: CharmHealth — A Multidisciplinary Electronic Health Record
Market share
In a recent market share report, KLAS analyzed the EMR contracts in U.S. acute care hospitals. Epic and Cerner hold more than 50 percent market share, while Meditech accounted for the remaining two percent of the overall market. Despite their relatively similar market shares, they differ in how they address the needs of different types of hospitals. Below we will compare the key differences between the two vendors and how each can help healthcare providers improve the quality of care and reduce costs.
Both Epic and Cerner offer similar functionality, including interoperability, revenue cycle management, population health management, telehealth, artificial intelligence, and more. However, Epic may be a bit more expensive than Cerner.
The cost of Epic will vary by organization size and implementation, and you should expect to pay slightly more than Cerner for its software. If you’re looking for a scalable platform, you’ll likely need more functionality.
Both companies provide an ambulatory EMR solution. While Epic focuses on hospital-based EHRs, Cerner specializes in ambulatory EHR solutions. Both Cerner vs Epic companies also offer customized support, including 24/7 service. In addition, both companies provide a training program for in-house implementations. Depending on your needs, either of these providers might be a good fit.
