Particle Health secures $10 million funding after filing antitrust lawsuit against Epic Systems
Particle Health has secured $10 million in funding from existing investors, following its antitrust lawsuit against Epic Systems. The lawsuit claims Epic is stifling competition in the payer platform market by coercing Particle's customers. The funding aims to support Particle's growth, but it will not be used for the lawsuit, which is being financed through other means. The lawsuit alleges that Epic has cut off access to medical records for Particle's customers, impacting its revenue. Epic, which dominates the electronic health records market, has requested the court to dismiss the lawsuit, arguing it is a distraction from issues related to patient privacy violations by Particle's customers.