Judith R. Faulkner
Born (1943-08-11) August 11, 1943
NationalityAmerican
Alma materDickinson College
University of Wisconsin–Madison
OccupationHealthcare software entrepreneur
OrganizationEpic Systems
Political partyDemocratic[1]
SpouseGordon Faulkner
Children3

Judith R. Faulkner (born August 11, 1943) is an American billionaire and the CEO and founder of Epic Systems, a healthcare software company located in Verona, Wisconsin.[2] Faulkner founded Epic Systems in 1979, with the original name of Human Services Computing.[3] In 2013, Forbes called her "the most powerful woman in healthcare",[4] and on their 2020 list of the world's billionaires she was ranked 836th with a net worth of US$5.5 billion.[5]

Early life and education

Faulkner was born in August 1943[6][7] to Louis and Del Greenfield.[8] Faulkner's parents inspired her early interest in healthcare; 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]

Career

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, Wisconsin.[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][12] and Faulkner has stated they will never go public.[13] Epic Systems now holds the medical records of over 300 million people.[14] Faulkner and her family currently own 43 percent of Epic Systems.[15]

Awards and recognition

  • Forbes' America's Top 50 Women In Tech 2018[5]

Personal life

Faulkner lives in Madison, Wisconsin.[5][3] She is married to Dr. Gordon Faulkner, a pediatrician.[16] They have three children.[5][16]

In 2015, Faulkner signed The Giving Pledge, committing 99% of her assets to philanthropy.[17]

References

  1. Gold, Ashley (April 9, 2015). "Epic, leading candidate for Pentagon EHR, emerges from shadows". Politico. Retrieved 29 July 2015.
  2. Eisen, Marc (June 20, 2008). "Epic Systems Corporation: An Epic timeline". Isthmus. Archived from the original on 2011-05-22. Retrieved 2009-02-20.
  3. 1 2 Moukheiber, Zina (March 7, 2012). "Judy Faulkner: Health Care's Low-Key Billionaire". Forbes. Retrieved 2013-12-12.
  4. Moukheiber, Zina (May 15, 2013). "An Interview With The Most Powerful Woman In Health Care". Forbes. Retrieved 2013-12-06.
  5. 1 2 3 4 "Forbes profile: Judy Faulkner". Forbes. Retrieved 12 October 2020.
  6. "Billionaires: Judith R. FAULKNER". Wealth-X. Retrieved 2017-01-03.
  7. "Judith R. Faulkner". check-business. Retrieved 5 September 2015.
  8. 1 2 3 4 5 6 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. Archived from the original on December 16, 2019. Retrieved September 3, 2017.
  11. Moukheiber, Zina (18 April 2012). "Epic Systems' Tough Billionaire". Forbes. Retrieved 17 February 2019.
  12. "Epic Founder Judy Faulkner: A Revolutionary in Healthcare IT". American Dream Story. Retrieved December 4, 2023.
  13. "Epic CEO Judy Faulkner Say Would Never Consider Buyout Offer From Apple". No. 15 February 2019. Business Insider. Retrieved 17 February 2019.
  14. "About Us – Epic". www.epic.com. Retrieved 12 January 2023.
  15. 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.
  16. 1 2 "Faulkner funds foundation to keep Epic private". modernhealthcare.com. 5 March 2007. Retrieved 16 March 2018.
  17. "Epic Systems founder plans to give billions to charity". www.jsonline.com. Retrieved 2019-08-20.
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