Cedar vs Epic Systems
Side-by-side comparison of AI visibility scores, market position, and capabilities
Cedar is a $3.2B healthcare billing and patient engagement platform; raised $351M led by Tiger Global and a16z; acquired Ooda Health for $425M to expand into insurance payer workflows.
About
Cedar is a New York-based healthcare technology company founded in 2016 by Florian Otto and Arel Lidow. It operates an enterprise platform that modernizes the administrative and billing side of the patient experience — replacing confusing paper bills and phone-based billing departments with a digital-first patient portal that personalizes payment plans, offers price transparency, and drives higher collection rates for healthcare providers.
Epic holds over 42% of U.S. acute care hospital EHR market share and is embedding AI across 150+ clinical workflows for 2026, while facing antitrust scrutiny.
About
Epic Systems Corporation was founded in 1979 by Judith Faulkner and is headquartered in Verona, Wisconsin, remaining privately held with Faulkner as majority owner. The company develops large-scale electronic health record systems and reports that more than 305 million patients have a record in Epic, covering the majority of U.S. academic medical centers and large health systems including Kaiser Permanente, Mayo Clinic, Johns Hopkins, and Cleveland Clinic. Epic commands approximately 42% of U.S. acute care hospitals and nearly 55% of acute care hospital beds, making it the undisputed market leader in enterprise EHR.
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