David Rosenthal: prediction

Transcript context

…Vertical being one industry. Vertical being one industry. However, the one industry that they operate in is 18% of American GDP, so how big can this get is a question we’ll revisit. Then finally in 2001, they launch the inpatient version of EpicCare, so yes, this is for inpatient hospital stays overnight. Now you finally have the holy grail. You’ve got Chronicles as the one single database. You’ve got EpicCare Ambulatory for all your outpatient clinics. You’ve got EpicCare Inpatient for all your inpatient activities. By the way, again, inpatient activities are probably going to be your majority revenue stream because that’s where the most expensive, most complex care is happening, kind of similar to Medicare is your most important payer relationship because old people is where the most complex, most expensive care is happening, So you’ve got that, and then you’ve got Resolute, the billing system, all single database, all tied together, all built on top of it. If you’re a hospital system administrator, this is the best thing you could possibly imagine. And Epic is really starting to get religion around this point in our future is breadth. Our customer, these hospitals do not want to buy piecemeal solutions. They want to buy everything from one vendor, and they want that one vendor to provide the very best, most integrated experience possible, so we need to continue to orient the company around that philosophy.…

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