Epocrates

Epocrates is a mobile medical reference app, owned by Watertown, Massachusetts-based athenahealth, that provides clinical reference information on drugs, diseases, diagnostics and patient management. 

Epocrates
Founded1 January 1998 
Headquarters
San Mateo 
,
United States 
Revenue$93.7 million (2009)
$83.3 million (2008)[1]
Websitewww.epocrates.com

History

Founded in 1998 by three Stanford business school students,[2] early versions of Epocrates ran on Palm devices[3] and desktop computers. By 2006, the user base had reached an estimated 525,000 users worldwide, including 200,000 doctors in the United States.[4] Upon the introduction of the Apple iPhone, Epocrates became the first medical app on Apple's mobile platform.

Early funding partners [AM1] included Bay City Capital, Draper Fisher Jurvetson, Interwest Partners, Sprout Group, and Three Arch Partners.[4]

In 2010, the company grew to more than 250 employees[2] and surpassed 1 million users worldwide, including 40% of the physicians in the United States.[5]

On January 7, 2013, it was announced that athenahealth would acquire Epocrates for about $293 million.[6]

In February 2022, Matt Titus was appointed as COO.[7]

Products

The Epocrates app is designed for physicians and other healthcare professionals for use at the point of care. App users check drug dosing, drug interactions,[8] drug safety details, medical news, disease diagnosis and management guidance, as well as evidence-based clinical practice guidelines.

athenahealth markets free and paid subscription versions of the app, which are available from Google Play or the App Store.[9]

References
  1. https://www.sec.gov/Archives/edgar/data/1096738/000104746910006501/a2199369zs-1.htm
  2. "Media Room". Epocrates.
  3. Milt Freudenheim (January 8, 2001). "Digital Doctoring; The Race Is On to Put a Computer Into Every Physician's Hand". New York Times.
  4. Chris Rauber (August 18, 2006). "Epocrates putting drug info into docs' pockets". San Francisco Business Times.
  5. "Epocrates files to raise up to $75M in IPO". San Francisco Business Times. July 16, 2010.
  6. Brian Dolan (January 7, 2013). "AthenaHealth buys Epocrates for $293M". MobiHealthNews.
  7. "epocrates Bolsters Executive Leadership by Adding Matt Titus as Chief Commercial Officer". PharmExec. February 9, 2022.
  8. Candice Novak (May 14, 2008). "Healthcare IT company is going public after partnering with Apple". US News.
  9. "Last Day to Get Epocrates Essentials for Free for Medical Students". Medgadget. August 31, 2010.
    • Historical business data for Epocrates Inc.:
    • SEC filings
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