Why Apple Won ' t Buy Epic, Contrary to the Recommendation of Jim Cramer

Jim Cramer, the financial analyst, recently suggested that Apple should buy Epic (see:Jim Cramer: Why Apple should buy Epic). Below is an excerpt from the article: The most obvious acquisition in the [healthcare] space, Mr. Cramer said, is of EHR provider Epic.He noted that Epic and its competitors often engage in information blocking, or the refusal to share data between networks, which can lead to issues with patients' and providers' ability to access health records.However, Mr. Cramer notes that Apple launched its Health Records service last year, which allows iPhone users to access their own medical records from participating hospitals [see: Apple Getting Traction with Its App to Access EHR Records with iPhones; Cleveland Clinic and Apple Make EHR Data More Broadly Accessible via iPhones]. He said Apple has the potential to act as the middleman between providers and hospitals with different EHR systems."If Apple wants to become the universal electronic health records provider, to be the handshake between, say, the [Apple] Watch's data and the [EHR] system, they're going to need to break into this market big, and the best way to do that is by acquiring the best [which is Epic].Here's a list of the major reasons why I personally don't think that Apple would ever consider acquiring Epic:It's highly unlikely thatJudith Faulkner, the founder of Epic, would ever consider selling the company and certainly not to Apple. I believe...
Source: Lab Soft News - Category: Laboratory Medicine Authors: Tags: Diagnostics Electronic Health Record (EHR) Health Wearable Healthcare Information Technology Point-of-Care Testing Predictive Analytics Quality of Care Test Kits and Home Testing Source Type: blogs