MEDITECH Strengths, Domain Expertise, and Key Differentiators
MEDITECH continues to lead EHR innovation, with Expanse setting new benchmarks for usability, efficiency, and clinician satisfaction. As a web-based solution, Expanse offers scalability across diverse healthcare settings, positioning MEDITECH for sustained growth. With a strong market presence—serving 25% of U.S. hospitals, nearly 50% of Canadian hospitals, and facilities in 23 countries—the company has a global footprint that reinforces its competitive edge.
Its adaptability across acute care, ambulatory, home health, and long-term care underscores its market resilience and expansion potential, making MEDITECH a key player in driving digital transformation and healthcare innovation worldwide.
MEDITECH Recent Developments
MEDITECH has enhanced its healthcare technology offerings by launching Traverse Exchange in Canada and extending this offer in the U.S., strengthening nationwide data exchange and interoperability across vendors. The company integrated AI-driven ambient listening technology into its Expanse EHR to improve clinical documentation and the automatic generation of a hospital course narative summary, to reduce physician burnout, and boost workflow efficiency through advanced natural language processing and large language models. Additionally, Expanse Navigator surfaces structured and unstructured data, scanned documents, handwritten notes, faxes, legacy data, and more, ensuring clinicians have access to data that drives clinical decision making. MEDITECH introduced Expanse Pathology to support complex pathology workflows with specialized imaging and integrated reporting, and a new Expanse Outreach laboratory solution. MEDITECH's Expanse Genomics solution continues to be the most advanced in the industry, bringing precision medicine to organizations of all sizes to improve patient outcomes.
MEDITECH Mergers and Acquisitions (M&A) Activities
In 2018, MEDITECH expanded its global presence by acquiring UK-based Centennial Computer Corporation, a company specializing in healthcare IT solutions. This strategic acquisition strengthened MEDITECH’s position in the UK and European markets, enhancing its ability to support healthcare organizations with advanced EHR technology.
MEDITECH Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MEDITECH applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of MEDITECH and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified MEDITECH Expanse, MEDITECH as a Service customers.
MEDITECH Overview
7 Blue Hill River Road
Canton, MA, 2090, United States
1 781-821-3000
https://www.ehr.meditech.com/
Ownership: - x
Number of Employees: 3500
Functional Markets: CRM, ERP Services and Operations,
Key Verticals: Healthcare,
MEDITECH Key Enterprise and Cloud Applications
MEDITECH Expanse, MEDITECH as a Service
MEDITECH Revenues, $M:
Type/Year | 2023 | 2024 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
MEDITECH Revenue Breakdown By Type, $M:
MEDITECH Enterprise Applications Revenues By Functional Markets, $M:
MEDITECH Enterprise Applications Revenues By Verticals, $M:
MEDITECH Revenues By Region, $M
Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
MEDITECH Direct vs Indirect sales
Type | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
MEDITECH Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MEDITECH Customers
No. of MEDITECH Customers: 2200
No. of MEDITECH Enterprise Applications Customers: x
No. of MEDITECH Cloud Customers: x
No. of MEDITECH Cloud Subscribers: x
MEDITECH’s growing footprint across 28 countries and territories highlights its strong market demand as healthcare organizations seek clinically integrated, interoperable EHR solutions to enhance productivity and provider satisfaction.
With over 2,200 institutions relying on its technology, MEDITECH continues to expand its reach across various healthcare settings. Its client portfolio, including HCA Healthcare, Emanate Health, Unity Health, and Phoebe Health, reflects broad trust in its solutions. Other notable clients include Bon Secours in Ireland, Aga Khan University Hospital, Fraser Health, Humber River Health, and Willis Knighton Health. Recent customer wins included Gibson Area Hospital and Health Services, Moorfields Eye Hospital NHS Foundation Trust, Augusta Health, The Norfolk and Waveney Acute Hospital Collaborative, St. Mary’s Health (Cottonwood), Clearwater Valley Health (Orofino), Alder Hey Children’s NHS Foundation Trust, Preferred Management Corporation, Morris Hospital and Healthcare Centers, New Victoria Hospital, UPMC Ireland, and many others.
MEDITECH Market Opportunities, M&A and Geo Expansions
MEDITECH as a Service (MaaS) is rapidly expanding, reaching over 100 customers and achieving 21% growth in 2024, highlighting strong market demand for cost-effective, cloud-based EHR solutions.
With health systems worldwide, including a three-trust university health collaborative in the UK, adopting Expanse, MEDITECH is well-positioned for continued growth beyond community hospitals.
Its AI-driven efficiencies, open ecosystem, and FHIR-first interoperability create a competitive advantage, enabling seamless data exchange across EHR vendors. As TEFCA accelerates true interoperability, MEDITECH has a prime opportunity to drive digital transformation, expand market share, and reinforce its leadership in healthcare technology.
MEDITECH Risks and Challenges
MEDITECH is focused on migrating a large number of legacy customers to the latest platform, MEDITECH Expanse.
MEDITECH Ecosystem, Partners, Resellers and SI
In March 2022, MEDITECH and Google Health unveiled their strategic partnership aimed at developing an integrated solution within MEDITECH’s Expanse platform. This collaborative effort will harness the advanced search and summarization capabilities offered by Google Health, seamlessly incorporated into the Expanse EHR. By facilitating rapid and convenient access to information from diverse sources, clinicians will be empowered to deliver optimal care, equipped with a comprehensive longitudinal view of each patient's health history.
MEDITECH strategically partners with renowned vendors to develop robust, integrated healthcare solutions tailored to meet the diverse needs of their clientele. These encompass clinical, financial, technical, and operational domains, seamlessly integrated within the EHR platform to guarantee the utmost security, efficiency, and safety of patient care. Notable collaborators include WELL Health, Hewlett Packard Enterprise (HPE), IBM, CloudWave, BridgeHead Software, Citrix, Commvault, CareTech, FDB (First Databank), and a multitude of other industry-leading entities.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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