Great deep dive - and summary. In the case of RCM - the "flywheel" VC investors all crave is the never-ending arms race itself. This is also why our administration costs are so high (relative to other countries with universal coverage/single-price healthcare). We're ALL paying for an arms race ... and with our system of tiered coverage ... there's no end in sight because that system of tiered coverage only serves one purpose. To support tiered (and commercially uncapped) pricing. Our annual NHE will hit $6 trillion sometime in the next 18 months - and then $7 trillion sometime in the next 43 months.
Super well done piece! My takeaway is that EPIC is a sleeping giant. It wakes in stages and very little is beyond its reach. Today that's "back end plumbing" but tomorrow, EPIC might be able to aquire / find a way in.
Thanks so much for the kind words - I'm glad you liked it! Epic is definitely the elephant in the room: every vendor fears its dominance, but yet the industry has this love/hate relationship with them (I think all the messages about it's demise are overblown). Epic doesn't necessarily make acquisitions in that way, but they definitely have lots of partnerships that slowly engulf the capabilities of the competitors in their space.
I'd imagine, not unlike Amazon, if they see a product taking off, they just start a parallel group in-house and knock it out with streamlined checkout/one MSA. I don't think EPIC is going anywhere. Too sticky.
Great deep dive - and summary. In the case of RCM - the "flywheel" VC investors all crave is the never-ending arms race itself. This is also why our administration costs are so high (relative to other countries with universal coverage/single-price healthcare). We're ALL paying for an arms race ... and with our system of tiered coverage ... there's no end in sight because that system of tiered coverage only serves one purpose. To support tiered (and commercially uncapped) pricing. Our annual NHE will hit $6 trillion sometime in the next 18 months - and then $7 trillion sometime in the next 43 months.
Super well done piece! My takeaway is that EPIC is a sleeping giant. It wakes in stages and very little is beyond its reach. Today that's "back end plumbing" but tomorrow, EPIC might be able to aquire / find a way in.
Thanks so much for the kind words - I'm glad you liked it! Epic is definitely the elephant in the room: every vendor fears its dominance, but yet the industry has this love/hate relationship with them (I think all the messages about it's demise are overblown). Epic doesn't necessarily make acquisitions in that way, but they definitely have lots of partnerships that slowly engulf the capabilities of the competitors in their space.
I'd imagine, not unlike Amazon, if they see a product taking off, they just start a parallel group in-house and knock it out with streamlined checkout/one MSA. I don't think EPIC is going anywhere. Too sticky.