Friday, February 22, 2013

Crony Capitalism: Epic Systems

This comes as no surprise whatsoever.

Officials at Epic Systems are not commenting on a New York Times report Wednesday that the firm was central in lobbying Congress on a $19 billion “giveaway” to convert all U.S. medical records from paper to computers.

The story contends that executives of the largest digital records companies — including Epic, Cerner and Allscripts — poured hundreds of thousands of dollars into a behind-the-scenes effort to promote the use of electronic records, effectively pushing aside smaller competitors.

Those efforts paid off handsomely in 2009, when legislation promoting the use of electronic medical records was included in President Obama’s economic stimulus bill. The $780 billion package included nearly $20 billion in incentives aimed specifically at software made by Epic and others.

The stimulus package also included penalties for doctors who don't adopt the new technology. Providers who don't install electronic records by 2014 will face reductions in their Medicare reimbursements...

Anyone who didn't see that coming was willfully ignorant.  Epic's systems are odd creatures, using a "proprietary" coding language, thus immune to enhancements unless Epic provides them--at a cost, of course.

And, of course, some of the profits are recycled back into the coffers of (D) candidates, such as was the case with Diamond Jim Doyle--and Obozo.

12 comments:

Unknown said...

I must admit that you seem shocked at the way capitalism has worked- in exactly this fashion - in America for the past couple centuries. This model (let's call it the "Epic Model") is EXACTLY the same way business is done by arms manufacturers, weapons system manufacturers, even FIRE TRUCK manufacturers (Pierce in Appleton, of which I have more than a modicum of knowledge). In some cases the profits are recycled back into R candidates warchests, in some, D candidates. Modernization comes at many prices, and I have no need to tell you that this is how business is done - at least on Wall Street, not so much on Main Street.

Jim said...



Well said, Tim. Halliburton, for one, comes to mind.

Dad29 said...

Tim--I've never differentiated between "R" crap and "D" crap--it's all crap.

Jimbo, you're a bit ignorant, as usual. Inside the US, there is no other firm with H'burton's breadth and depth for the services rendered to the troops.

But hey! I'll give you a chance. Name the competitor (US-based, of course) which could have done the same.

Anonymous said...

Epic and Halliburton, American success stories.

Jim said...

Dadbo, how about the US Army?

Saint Revolution said...


Once again, ill-gotten billionaire Judith Faulkner, Obama's medical information czar, major Democratic contributor, founder and CEO of Epic Systems - a medical software company that stores nearly 40 percent of the U.S. population's health data...an absolute c*nt whose Epic "slopware" company practices massive overt age discrimination in hiring, remunerates at "uber" below market salaries, dupes and sweat shops recent college grads, and whose software is written/developed in an extremely old proprietery language mostly incompatible with modern standards and integrations and even APIs.

Faulkner's Epic software itself is complete shit and an nightmare to write, develop, test, debug, install, integrate, learn, and operate/use...though purchase and integration "consulting" from Epic can cost hospitals, clinics, et al MILLIONS...of course, subsidized by you and I. Faulkner's Epic company, because of employe treatment, has ACTUALLY been causally linked as one of the perpetrators of Wisconsin "brain drain".

Faulkner, as another OCompleteFailure illegal "cuhzar", again PROVES the organized crime tyrannical dictatorship Hitleresque despot regime and mentality Ogod(damn)father thinks he has forced upon The Presidential Seat, D.C., and We The People.

Barry Soetoro and Faulkner...another couple of hypocrites in 69 eating one another's filth in perpetual vicious circular motion.

Anonymous said...

Mental midgets will ignore the Epic story because of Halliburton.

So Bush did it too! That makes everything OK.

Anonymous said...

Bush was God's chosen one and is above reproach. Those who deride him face the ultimate punishment for their idle chatter.

Anonymous said...

No he wasn't. You can't refute what I said.

Anonymous said...

Jim is an illiterate piece of white trash.

Anonymous said...

There is no such thing as crony capitalism.

Unknown said...

Saint Revolution, you're saying what so many people who know Ms. Faulkner and have worked (past tense) for her have said.

And what so many medical professionals of my acquaintance have said about Epic's software.

What I'm saying is this paradigm works for both the Democrat and Republic Party, and has for some time...decades before there even was a Democrat Party.