Epocrates

Epocrates
Website www.epocrates.com

Epocrates, Inc. is an American company based in San Francisco, California that makes various mobile health software applications under the "epocrates" name, mostly for health care providers, providing them reference information about drugs and diseases, and diagnostic tools.

Products

Epocrates is a publisher of mobile device software applications, designed to provide information about drugs to doctors and other health care professionals. Among the software functions is checking for drug interactions,[1] news feeds for product announcements and medical news, journal article lookup, as well as a mobile guide to ICD-9 and Current Procedural Terminology ("CPT") diagnosis codes. The application is widely available and sometimes free. One can download the application easily to an iPhone or Android device, so it is easily accessible.[2]

The company markets both free and multiple paid versions.[3] It receives additional revenue from pharmaceutical companies.[4]

The company was founded in 1998.[5] Early versions of epocrates ran on Palm devices[6] and desktop computers. The user base was 525,000 users worldwide (including 200,000 doctors in the United States) in 2006.[4] As of 2006, the company was also active in the United Kingdom, Canada, Germany and Spain.[4] Among its competitors is WebMD.[4] By 2010, the company said it had 1 million users worldwide, including 40% of the physicians in the United States,[7] and that it employed more than 250 people.[5]

Management team

Jonathan Bush – CEO

Rob Cosinuke – President [8]

Heather Gervais – Senior Vice President, Commercial Operations [8]

Dr. Anne Meneghetti – Executive Director of Medical Information[8]

History

Epocrates' early funders included Bay City Capital, Draper Fisher Jurvetson, Interwest Partners, Sprout Group and Three Arch Partners.[4]

After a 2008 public offering was put on hold,[9] Epocrates filed a registration statement again in July 2010 to raise $75 million.[7]

On January 7, 2013, it was announced that athenahealth is acquiring Epocrates for about $293 million.[10]

References

  1. ↑ Candice Novak (May 14, 2008). "Healthcare IT company is going public after partnering with Apple". US News.
  2. ↑ "Epocrates, Inc.". Hoovers.
  3. ↑ "Last Day to Get Epocrates Essentials for Free for Medical Students". Medgadget. August 31, 2010.
  4. 1 2 3 4 5 Chris Rauber (August 18, 2006). "Epocrates putting drug info into docs' pockets". San Francisco Business Times.
  5. 1 2 "Media Room". Epocrates.
  6. ↑ Milt Freudenheim (January 8, 2001). "Digital Doctoring; The Race Is On to Put a Computer Into Every Physician's Hand". New York Times.
  7. 1 2 "Epocrates files to raise up to $75M in IPO". San Francisco Business Times. July 16, 2010.
  8. 1 2 3 "Leadership Team". Retrieved 14 January 2014.
  9. ↑ Chris Rauber (September 19, 2008). "Epocrates’ IPO on hold". San Francisco Business Times.
  10. ↑ "AthenaHealth Acquires Epocrates, the Angry Birds of Healt". Bloomberg. January 7, 2013.
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