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 2018 list of the world's billionaires she was ranked #652 and the third wealthiest self-made woman, with a net worth of US$3.8 billion.[2]
Judith R. Faulkner | |
---|---|
Born | August 1943 (age 76–77) |
Nationality | American |
Alma mater | Dickinson College University of Wisconsin–Madison |
Occupation | Healthcare software entrepreneur |
Organization | Epic Systems |
Home town | Cherry Hill, New Jersey, U.S.[1] |
Net worth | US$3.8 billion (November 2019)[2] |
Political party | Democratic[3] |
Spouse(s) | Gordon Faulkner |
Children | 3 |
Early life and education
Faulkner was born in August 1943[1][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]
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, 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]
Personal life
Faulkner lives in Madison, Wisconsin.[2][5] She is married to Dr. Gordon Faulkner, a pediatrician.[15] They have three children.[2][15]
In 2016, Faulkner signed The Giving Pledge, committing 99% of her assets to philanthropy.[16]
References
- "Billionaires: Judith R. FAULKNER". Wealth-X. Retrieved 2017-01-03.
- "Forbes profile: Judy Faulkner". Forbes. Retrieved 20 November 2019.
- Gold, Ashley (April 9, 2015). "Epic, leading candidate for Pentagon EHR, emerges from shadows". Politico. Retrieved 29 July 2015.
- Eisen, Marc (June 20, 2008). "Epic Systems Corporation: An Epic timeline". Isthmus. Retrieved 2009-02-20.
- Moukheiber, Zina (March 7, 2012). "Judy Faulkner: Health Care's Low-Key Billionaire". Forbes. Retrieved 2013-12-12.
- Moukheiber, Zina (May 15, 2013). "An Interview With The Most Powerful Woman In Health Care". Forbes. Retrieved 2013-12-06.
- "Judith R. Faulkner". check-business. Retrieved 5 September 2015.
- Ferral, Katelyn; Lorenzsonn, Erik (April 12, 2017). "Her way: Epic Systems CEO Judy Faulkner talks about trusting her vision". The Capital Times.
- "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.
- Ronaldson, Tim (May 6, 2011). "An honor of 'Epic' proportions". Moorestown Sun.
- Moukheiber, Zina (18 April 2012). "Epic Systems' Tough Billionaire". Forbes. Retrieved 17 February 2019.
- "Epic CEO Judy Faulkner Say Would Never Consider Buyout Offer From Apple" (15 February 2019). Business Insider. Retrieved 17 February 2019.
- "About Us – Epic". www.epic.com. Retrieved 26 February 2019.
- 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.
- "Faulkner funds foundation to keep Epic private". modernhealthcare.com. Retrieved 16 March 2018.
- "Epic Systems founder plans to give billions to charity". www.jsonline.com. Retrieved 2019-08-20.