|Birth Name:||Judith R. Faulkner|
|Net Worth:||3.3 billion USD|
Judy Faulkner is a prominent American businesswoman who has gained wide recognition from her work as the CEO of Epic Systems. Judy Faulkner net worth is known to have been sourced from the success of her healthcare software company, Epic Systems which is located in Wisconsin. Judy Faulkner bio shows that she has been named as one of the world’s most powerful women.
The distinguished and talented Judy Faulkner is known to be the founder and CEO of the healthcare software company, Epic Systems. Judy Faulkner net worth is known to have been amassed from her 43% ownership of the highly flourishing, Epic Systems. Judy Faulkner bio in various social media sites has her personal as well as professional details.
Judy Faulkner was born Judith R Faulkner in August 1943 in Madison, Wisconsin, U.S. She went on to attend Dickinson College. Eventually, she graduated with a bachelor’s degree in mathematics. Judy then went on to join the University of Wisconsin-Madison. From there she received a master’s degree in computer science
Judy Faulkner went on to establish a healthcare software company named Human Services Computing. She later changed its name to Epic Systems. When Judy founded the company, she had only put the investment of $6,000. The investment was also partly her parent’s investment. The headquarters of Epic was in Madison but Judy later moved it to Verona in 2005. Epic System is centered on a Caché database provided by InterSystems. One of the major deals of Epic System was when the largest managed care organization in the United States, Kaiser Permanente used Epic’s electronic record system in 2003. Since then Epic has provided their services to many hospitals including the Cleveland Clinic, Johns Hopkins Hospital, The Mount Sinai Hospital, Cedars-Sinai Medical Center in Los Angeles, Yale–New Haven Hospital, UC Davis Medical Center in Sacramento, and more. The first installation of an Epic system in the UK was in 2014 at Cambridge University Hospitals NHS Foundation Trust which cost £200 million. Although, there were many complications later and there were huge investigations in the finances. The system was later rebuilt after months of effort and investment.
Judy Faulkner and her family currently own 43% of Epic Systems which is the result of her huge net worth. Epic Systems has its offices in The Netherlands, Dubai, Singapore, and Copenhagen and has employed approximately 8,000 people in jobs. At present, Epic is privately and employee-owned. Judy Faulkner has also created a charitable foundation named Epic Heritage Foundation that her stock will go into so that the company remains private.
Epic has also partnered with IBM Watson and Mayo Clinic to apply Watson’s cognitive computing capabilities to the EMR. Epic also formed Carequality in 2014 with the joint efforts of Walgreens and UnitedHealth. Epic has also worked with key health IT players to form the Argonaut Project. This project is an initiative formed by Health Level Seven International for the acceleration of development and adoption of HL7’s Fast Healthcare Interoperability Resources. Its headquarter in Verona is being expanded to four lanes.
Although Judy has a huge net worth, she plans on giving most of it to philanthropy activities around the world. Judy Faulkner signed onto The Giving Pledge which is an initiative started by Warren Buffet and Bill and Melinda Gates. This pledge lets the world’s wealthiest people donate the majority of their wealth to philanthropy causes. Judy Faulkner has pledged to donate 99 percent of her assets. Judy Faulkner is also very active in philanthropy. She also worked as the representative of health IT vendors for the Health IT Policy Committee in 2009. Judy held the position till 2014.
Judy Faulkner is been criticized and questioned for her credibility due to her political ties with the democrats. Judy has donated to President Obama’s 2008 presidential campaign in support of the congressional Democrats which questioned her business ethics. In 2006 an employee of Kaiser Permanente blamed the nonprofit Epic System of corruption and wasteful spending. Later the ire directed the costs at KP HealthConnect which is the HMO’s $3 billion Epic EHR.
Judy Faulkner net worth is estimated to be 3.3 billion dollars according to Forbes in 2017. Judy Faulkner net worth is known to have been amassed from her remarkable career as the EO and Founder of one of the most successful health care systems, Epic System. Judy Faulkner net worth has made her recognized as one of the world’s most powerful women. Forbes named her “the most powerful woman in healthcare” in 2013. The Forbes magazine also listed her in the world’s billionaires in 2016 where she was positioned at number722 with a net worth of US$2.4 billion. Judy Faulkner net worth is most likely to increase with the growing success of Epic Systems.
Judy Faulkner age at present is 74. Judy Faulkner age exceeds her youthful looks. Even at this age, Faulkner is as enthusiastic at her work as she was before. Judy Faulkner has brown hair that she likes to put long most of the time. Judy Faulkner has a perfect hourglass shaped figure that she has maintained over the years.
Judy Faulkner is a married woman. She is married to her husband Dr. Gordon Faulkner. Her husband is a pediatrician. Together the couple has a child named Shana dall’Osto. Judy Faulkner house is located in Madison, Wisconsin, U.S. where she has been living for the past three decades.
Judy Faulkner has been honored many times for her remarkable career as a successful businesswoman. Judy Faulkner is a huge inspiration to many aspiring young entrepreneurs who want to find success in the field of business. Judy has been honored with the Distinguished Alumni Award from her alma mater. Judy Faulkner is of the democratic political party. The very significant and talented American businesswoman, Judy Faulkner bio can be found on various social media sites like Wikipedia, facebook, twitter, and more.