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Epic buys Mayo Clinic data center in $46 million sale-leaseback, report says

January 7, 2016

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Epic will buy the Mayo Clinic’s data center for $46 million in a sale-leaseback deal for the 62,000-square-foot facility. That means the EHR giant will lease it back to Mayo for four years, with an option to continue doing so in perpetuity, as first reported by Finance and Commerce.

The move comes almost a year after Mayo first announced it would replace its existing electronic health record system with one from Epic. In that deal, Mayo enlisted Epic for EHR and revenue cycle technology, eyeing a partnership that would last “several decades.”

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