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Epic Systems Corporation is a privately held health care software company founded in 1979 by Judy Faulkner. Epic's target market is large health care organizations which are making substantial investments in technology. Epic offers an integrated suite of health care software centered on a hierarchical MUMPS/Cache database. Their applications support all the functions related to patient care, including registration and scheduling systems for clerks; clinical systems for doctors, nurses, emergency personnel, and other care providers; ancillary systems for lab technicians, pharmacists, and radiologists; and billing systems for care providers as well as insurers. All applications leverage the same central database.
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Liquid capital required
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$5,000
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Net worth required
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$25,000
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Investment
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$10,000 - $12,500
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Franchise fee
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$6,500
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Royalty
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4.0% - 10.0%
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Offers Financing
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Yes
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Units in operation
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4
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You'll need $5,000 in liquid capital to open a E.P.I.C. Systems. The franchise expects its new franchisees to have a net worth of at least $25,000. A royalty payment of 4% is paid from unit owners back to the franchise. The minimum you would expect to invest in a E.P.I.C. Systems location is $10,000. The most the franchisor could ask you to invest is $12,500 if you want to become a franchisee. New franchisees can expect to pay a $6,500 franchise fee for the rights to open their own location. There are currently 4 E.P.I.C. Systems units in operation.
Find other similar franchises!
E.P.I.C. Systems is listed in the Franchise Directory under the Healthcare category and the Home Based category. It's also listed in the section for Franchises Under $10,000.
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