Cerner vs Epic vs Meditech: Which One Stands Out?
Oleh Pylyp
I develop custom software for healthcare and medical companies. Subscribe to my HealthRun Insider newsletter
EHR use is on the rise. Growing clerical workloads and poorly linked systems that result in physician burnout make clinical practices from large to small integrate EHR systems like Epic, Cerner, Meditech to manage patients’ information electronically.
These systems serve as a basis for implementing additional apps like telemedicine platforms, patient portals, remote patient monitoring systems, etc. so that the comprehensive data stored in EHRs can be used to optimize processes in the entire healthcare organization.
Usually, healthcare organizations look for the assistance of a reliable healthcare software development vendor to help them integrate different third-party systems into their EHR solutions.
In today’s blog, we’ll have a look at the so-called trinity of EHR systems, and compare Cerner vs Epic vs Meditech.
Need help with software development/product design/ QA? My team, inVerita is comprised of experts in the field who can help you. Let's book a meeting to learn more! ??
How Can Cerner vs Epic vs Mediatech EHRs be Compared
Since the federal government pushed the use of electronic health records in 2009, vendors have been competing to sell their software to healthcare providers.
When someone mentions EHRs, these are the first three names that pop up. So it’s no surprise that healthcare practices frequently look for an unbiased Cerner vs Meditech vs Epic systems evaluation.
But before we dive into the in-depth Cerner vs Epic vs Meditech comparison, let’s learn a little bit more about the systems and their market share.? ? ? ? ? ? ? ? ? ?
Epic EHR System
Epic is an industry-leading cloud-based EHR software that promotes smooth interdisciplinary collaboration among clinical care teams by centralizing complex electronic medical records. This allows clinicians to provide exceptional patient care with increased effectiveness and efficiency.
It has been a top EHR system for twelve years in a row, according to KLAS Research. The software held a 35.9% which is the largest hospital market share in the EHR industry for 2022 with 83 hospitals joining its network.?
Although Epic is considered to be a key EHR provider for large hospitals, it opened new functionality for mid-size practices. “Sonnet” is a more affordable version of the system that offers a realistic price tag for smaller practices.
Pros of Epic EHR
Cons of Epic EHR
Unique Features of Epic EHR
Pricing. Pricing options depend on the size and requirements of the organization. Default plans are expensive so it’s better to get a custom pricing plan which can save organizations a lot of money in monthly charges.
Clinics and hospitals may have an average cost of around $500k.
Cerner EHR System
Working for over 40 years, Cerner is a cloud-based solution, mostly popular in clinical and ambulatory practices. It has the second-largest market share in the EHR industry.
Similar to past years, Oracle Cerner continues to win many small hospitals while losing the big ones. In 2022, it had a 24.9% hospital market share.? ? ? ? ? ? ? ? ?
Pros of Cerner EHR
Cons of Cerner EHR
Unique Features of Cerner EHR
Pricing. Cerner is much less expensive compared to Epic. Small-size clinics may be charged up to $2250 a month.
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Mediatech EHR Software
Meditech is a cloud-based platform designed to enhance clinical workflows, operational efficiency, and patient satisfaction.
Meditech had a 16.3% market share in 2022 and 14% of hospital beds. According to KLAS, it was the only major vendor to achieve acute care hospital migrations during the year, securing 14 victories.
It’s used by healthcare organizations of all sizes and is suitable for acute and ambulatory care, oncology, nurse, and specialty care.
Pros of Mediatech EHR
Cons of Mediatech EHR
Unique Features of Mediatech EHR
Pricing. Meditech company doesn’t disclose the pricing, therefore users should request a personalized pricing plan.?
Making a Choice: Epic, Cerner, or Mediatech?
The implementation and installation of electronic health systems can cost millions of dollars. Therefore organizations must carefully establish and communicate their long-term goals and requirements before making the final choice.
Epic is the most expensive option among the discussed EHR systems. The implementation of Epic is an uphill task that can be done only with the help of IT team. However, it’s also a robust and comprehensive EHR system that will bring the processes inside your organization to a new level.
Contrary to Epic, Cerner leverages Model Experience to offer superior strategic recommendations for implementation and installation. With the support of its consulting experienced team, organizations can gain a deeper understanding of their EHR and confidently transition to their new system.
Meditech also provides comprehensive support and guidance for implementation and installation through its own set of best practices and strategies. While Meditech may not have a specific program named like Cerner's Model Experience, it offers consulting services and resources to assist organizations in successfully deploying their systems.?
Possibility of Migration Between Systems
Organizations can decide to migrate between healthcare information systems.?
However, the process of migration is very complex and requires careful planning, coordination, and resources. Healthcare providers need to extract and transfer large volumes of data, reconfigure workflows, train staff on the new system, and ensure interoperability with existing systems. So, it requires careful consideration and expertise to ensure a successful transition.
Summing up
To conclude, Cerner is widely favored in clinical and ambulatory care, while Epic strives to excel with its innovative solutions. Their offerings are notably similar, encompassing functionalities like revenue cycle management, interoperability, mobile access, and artificial intelligence, and telemedicine software development to reduce costs.
However, there are distinctions in their capabilities. For example, Epic features a CRM, unlike Cerner, Cerner offers consulting services, whereas Epic does not, Cerner provides users with real-time data, a feature not present in Epic's offerings.
Like Epic and Cerner, Meditech offers comprehensive EHR solutions, revenue cycle management, interoperability, and telemedicine capabilities. However, Meditech may have differences in certain areas compared to Epic and Cerner, such as the level of customization available, the depth of consulting services provided, and specific features are offered within their platforms.
However, sometimes the best decision you can make is to develop your own solution tailored exclusively to the needs of your organization.?
If you’re looking for a software vendor to assist you, drop us a line for a free consultation.
Need help with software development/product design/ QA? My team, inVerita is comprised of experts in the field who can help you. Let's book a meeting to learn more! ??
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