Ongoing software maintenance and support of Epic EHR is quite expensive, especially if the product requires frequent upgrades or has a high rate of defects or faults. What Are the Cost Parameters of Epic?īelow discussed are the six cost parameters of Epic: 1. But it may require more complex negotiations. Here the host hospital gets benefits from whatever cost-sharing arrangement they agree to with their partner, reducing their total cost of ownership. The revenue-sharing arrangement models are usually for larger healthcare organizations or systems. The subscription-based pricing model involves paying a monthly fee for a set amount of time (usually monthly or annually) to use the EMR software.

Upfront licensing fees refer to a one-time payment for the software license. However, the biggest truth is that Epic pricing completely depends on the features you choose and the average number of patients your facility deals with.Īdditionally, these models include upfront licensing fees, subscription-based pricing, and revenue-sharing arrangements. It ensures that medical organizations only pay for the services they use. It offers various pricing models to cater to the distinct needs and budgets of different healthcare organizations. Why Does Epic Have Various Pricing Models?Įpic is a leading cloud-based electronic health record (EHR) systems provider. Let’s discuss in brief, why Epic has various pricing models. The average cost of Epic software training is $2000.Epic EMR pricing per month is $200 to $35,000.The starting price of Epic software for hospitals and large clinics is $500,000.The starting price of self-hosted Epic solutions is $1200.Such requirements demand for designing of several pricing models. Small clinics, in general, only require some of these complex features and not the complete suite of advanced features to streamline their organizational workflows. In addition, the database system includes analytics and reporting capabilities. What are the Different Pricing Models of Epic EHR?Įpic EMR/EHR software is designed for medical organizations, and system charting contains referrals, patient history, and medical data to ensure that patients receive satisfactory care. Moreover, the increased Epic EHR pricing for larger institutions makes sense, considering that the system will need to access more people and keep information on more patients. Well, this also depends on the size of your facility. And the charges for your practice will most likely fall somewhere in the center. With such a wide spectrum of rates, it should go without saying that there is plenty of room for negotiation. As previously said, smaller facilities only pay around $1,200, while large hospitals have to pay around $500,000. The size of the solution also has an impact on the Epic software cost. The best you can do is to wisely choose the required features and keep the Epic cost in control. In short, adding advanced versions of existing or new features will drastically increase Epic pricing by thousands of dollars. Apart from this, the support for the mobile solution, EpicCare, is also likely to increase Epic EMR pricing. A higher level of these administrative features means higher Epic EHR pricing. Further, the administrative features heavily impact the Epic cost. Besides, integrating additional services such as pharmacy, lab, and immunization registries with Epic EMR will also increase the cost of Epic. Take, for example, specific templates or patient charts. Customized FeaturesĮpic EMR with a higher level of customization means a higher price. Moreover, patients can also get their medical history whenever they consult a specialist or see other doctors.

Epic EMR enables providers to seamlessly share data and access patient medical records despite these extra charges. And this holds an extra charge, which ultimately adds up to the overall cost of Epic. To help providers seamlessly use the software, Epic offers training and a support team. The user experience of Epic is the reason behind this lag. But providers have often reported facing difficulty in navigating it. Epic EHR isn’t a highly complex software to use.

Benefits of epic ehr