Judith Faulkner

Judith "Judy" R. Faulkner (born August 1943) is an American billionaire, and the CEO and founder of Epic Systems, a healthcare software company located in Wisconsin.[4] Faulkner founded Epic Systems in 1979, with the original name of Human Services Computing.[5] In 2013, Forbes called her "the most powerful woman in healthcare",[6] and on the magazine's 2020 list of the world's billionaires she was ranked #836 and, as one of the wealthiest self-made women, she had a net worth of US$5.5 billion.[1]

Judith R. Faulkner
BornAugust 1943 (age 77)
NationalityAmerican
Alma materDickinson College
University of Wisconsin–Madison
OccupationHealthcare software entrepreneur
OrganizationEpic Systems
Net worthUS$5.5 billion (October 2020)[1]
Political partyDemocratic[2]
Spouse(s)Gordon Faulkner
Children3

Early life and educationEdit

Faulkner was born in August 1943[3][7] to Louis and Del Greenfield.[8] Faulkner's parents inspired her early interest in health care; her father, Louis, was a pharmacist and her mother, Del, was the director of Oregon Physicians for Social Responsibility.[8] She was raised in the Erlton neighborhood of Cherry Hill, New Jersey and graduated from Moorestown Friends School in 1961.[9][10] She received a bachelor's degree in mathematics from Dickinson College and a master's degree in computer science from the University of Wisconsin–Madison.[8]

CareerEdit

In 1979, shortly after receiving her master's degree, Faulkner co-founded Human Services Computing, with Dr. John Greist.[8] Human Services Computing, which later became Epic Systems, began in a basement at 2020 University Avenue in Madison, WI.[8] The company was started with a $70,000 investment from friends and family, but has never taken investment from venture capital or private equity and remains a privately held company.[11] In fact, Faulkner prides herself in the fact that Epic is homegrown; they have never acquired another company[8] and Faulkner has stated they will never go public.[12] Epic Systems now holds the medical records of over 200 million people.[13] Faulkner and her family currently own 43% of Epic Systems.[14]

Awards and recognitionEdit

  • Forbes' America's Top 50 Women In Tech 2018[1]

Personal lifeEdit

Faulkner lives in Madison, Wisconsin.[1][5] She is married to Dr. Gordon Faulkner, a pediatrician.[15] They have three children.[1][15]

In 2016, Faulkner signed The Giving Pledge, committing 99% of her assets to philanthropy.[16]

ReferencesEdit

  1. ^ a b c d e "Forbes profile: Judy Faulkner". Forbes. Retrieved 12 October 2020.
  2. ^ Gold, Ashley (April 9, 2015). "Epic, leading candidate for Pentagon EHR, emerges from shadows". Politico. Retrieved 29 July 2015.
  3. ^ a b "Billionaires: Judith R. FAULKNER". Wealth-X. Retrieved 2017-01-03.
  4. ^ Eisen, Marc (June 20, 2008). "Epic Systems Corporation: An Epic timeline". Isthmus. Retrieved 2009-02-20.
  5. ^ a b Moukheiber, Zina (March 7, 2012). "Judy Faulkner: Health Care's Low-Key Billionaire". Forbes. Retrieved 2013-12-12.
  6. ^ Moukheiber, Zina (May 15, 2013). "An Interview With The Most Powerful Woman In Health Care". Forbes. Retrieved 2013-12-06.
  7. ^ "Judith R. Faulkner". check-business. Retrieved 5 September 2015.[permanent dead link]
  8. ^ a b c d e f Ferral, Katelyn; Lorenzsonn, Erik (April 12, 2017). "Her way: Epic Systems CEO Judy Faulkner talks about trusting her vision". The Capital Times.
  9. ^ "Nearly $3 Million in Transformative Gifts Kickstart Campaign To Permanently Endow Camden Scholars Program - Moorestown Friends School". Moorestown Friends School. 2016-03-28. Retrieved 2018-01-01.
  10. ^ Ronaldson, Tim (May 6, 2011). "An honor of 'Epic' proportions". Moorestown Sun.
  11. ^ Moukheiber, Zina (18 April 2012). "Epic Systems' Tough Billionaire". Forbes. Retrieved 17 February 2019.
  12. ^ "Epic CEO Judy Faulkner Say Would Never Consider Buyout Offer From Apple" (15 February 2019). Business Insider. Retrieved 17 February 2019.
  13. ^ "About Us – Epic". www.epic.com. Retrieved 26 February 2019.
  14. ^ Boulton, Guy (2016-01-26). "Epic Systems founder Judy Faulkner plans to give billions to charity". Milwaukee Journal Sentinel. Gannett Co/Elizabeth Brenner. Retrieved 2017-03-14.
  15. ^ a b "Faulkner funds foundation to keep Epic private". modernhealthcare.com. Retrieved 16 March 2018.
  16. ^ "Epic Systems founder plans to give billions to charity". www.jsonline.com. Retrieved 2019-08-20.