Judy Faulkner rejects $30B offer for Epic

Health Data Atlas, a data-as-a-service company, has bid $30 billion to acquire Epic Systems, according to its founder and CEO, Michael Stratton.

On Aug. 14, Mr. Stratton shared on LinkedIn an email he sent to Judy Faulkner, founder and CEO of Epic, offering to acquire the electronic health record vendor for $30 billion.

“Our mission is to build the most accurate and comprehensive dataset of the healthcare industry, and Epic’s data would undeniably accelerate that,” Mr. Stratton wrote in the LinkedIn post.

He later said Ms. Faulkner responded to his email, stating that the company is not for sale. In her reply, she wrote, “Not now and not in the future.” An Epic spokesperson confirmed to Becker’s that the communication was legitimate.

Epic, according to KLAS, has 42.3% of the acute care EHR market share. The company has never taken venture capital money or acquired another company.

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