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FTC probes health records giant Epic Systems, sources say
The probe is examining whether Epic used its market power and data access controls to block rivals, with complaints and lawsuits already mounting.
The Federal Trade Commission is investigating Epic Systems for potential antitrust violations, according to sources familiar with the matter. The probe into the nation's largest electronic health records vendor is in its early stages.
Managing electronic health records for 57% of inpatient hospital beds, Epic holds data for approximately 82% of Americans. The company's annual revenue reached $5.7 billion in 2024, up from $3.3 billion in 2020.
Prior lawsuits from Texas Attorney General Ken Paxton and Particle Health allege Epic restricts rivals by withholding data. CureIS Healthcare separately claims Epic enforces an "Epic-first policy" to block third-party software vendors.
Investigative demands reveal the probe focuses on Epic's non-compete agreements barring employees from working for competitors. The inquiry also examines how the company leverages its dominant market position to restrict rival access to patient data.
Responding to the probe, Epic maintains its products are interoperable and that healthcare provider customers—not the company—control patient record access. A spokesperson denied anticompetitive behavior, citing the company's efforts to support patient care.