Epic misses out on military contract worth billions

Epic Systems Corp. was in the running to land a massive multi-year, multibillion-dollar contract with the U.S, military, but lost out to a Virginia-based company.

The $4.3 billion, 10-year contract, to update the military’s electronic health records, was awarded by the Department of Defense to Leidos, of Reston, Va.

Two of Epic’s competitors, Cerner and Accenture, will reportedly work with Leidos on the project.

Epic and IBM submitted a joint proposal, which was considered a lead contender, but Leidos’ three-decade history with the military may have won them the deal.

The Defense Dept. indicated a big factor in their decision was limiting changes in its current electronic health records system.