Judith Faulkner

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Judith R. Faulkner
Born
Judith R. Greenfield

August 1943 (age 75)
ResidenceMadison, Wisconsin, U.S.
NationalityAmerican
Alma materDickinson College
University of Wisconsin–Madison
OccupationHealthcare software entrepreneur
OrganizationEpic Systems
Home townCherry Hill, New Jersey, U.S.[1]
Net worthUS$3.8 billion (February 2019)[2]
Political partyDemocratic[3]
Spouse(s)Gordon Faulkner
Children3
Parent(s)Louis and Del Greenfield[4]

Judith "Judy" R. Faulkner (born August 1943) is an American billionaire, the CEO and founder of Epic Systems, a healthcare software company located in Wisconsin.[5] Faulkner founded Epic Systems in 1979, with the original name of Human Services Computing.[6] In 2013, Forbes called her "the most powerful woman in healthcare",[7] and on the magazine's 2018 list of the world's billionaires she was ranked #652 and the third wealthiest self-made woman, with a net worth of US$3.5 billion.[2]

Early life and education[edit]

Faulkner was born in August 1943[1][8] to Louis and Del Greenfield.[4] 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.[4] 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.[4]

Career[edit]

In 1979, shortly after receiving her master's degree, Faulkner co-founded Human Services Computing, with Dr. John Greis.[4] Human Services Computing, which later became Epic Systems, began in a basement in Madison, WI.[4] 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[4] and Faulkner has stated they would 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]

Award[edit]

Personal life[edit]

Faulkner lives in Madison, Wisconsin.[2][6] She is married to Dr. Gordon Faulkner, a pediatrician.[15] They have three children.[2][15] Faulkner has signed The Giving Pledge, committing 99% of her assets to philanthropy. [4]

References[edit]

  1. ^ a b "Billionaires: Judith R. FAULKNER". Wealth-X. Retrieved 2017-01-03.
  2. ^ a b c d e "Forbes profile: Judy Faulkner". Forbes. Retrieved 20 February 2019.
  3. ^ Gold, Ashley (April 9, 2015). "Epic, leading candidate for Pentagon EHR, emerges from shadows". Politico. Retrieved 29 July 2015.
  4. ^ a b c d e f g h Ferral, Katelyn; Lorenzsonn, Erik (April 12, 2017). "Her way: Epic Systems CEO Judy Faulkner talks about trusting her vision". The Capital Times.
  5. ^ Eisen, Marc (June 20, 2008). "Epic Systems Corporation: An Epic timeline". Isthmus. Retrieved 2009-02-20.
  6. ^ a b Moukheiber, Zina (March 7, 2012). "Judy Faulkner: Health Care's Low-Key Billionaire". Forbes. Retrieved 2013-12-12.
  7. ^ Moukheiber, Zina (May 15, 2013). "An Interview With The Most Powerful Woman In Health Care". Forbes. Retrieved 2013-12-06.
  8. ^ "Judith R. Faulkner". check-business. Retrieved 5 September 2015.[permanent dead link]
  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.