Judy Faulkner

Early Life and Education

Judy Faulkner was born on August 11, 1943. Her early interest in healthcare was inspired by her parents; her father was a pharmacist, and her mother was the director of Oregon Physicians for Social Responsibility. 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.

Rise to Success

In 1979, Faulkner co-founded Human Services Computing, which later became Epic Systems, with a $70,000 investment from friends and family. She developed the original code for Epic, with the vision of revolutionizing medical record-keeping through innovative software solutions. Faulkner rejected outside investors, ensuring the company remained privately held. Epic Systems now manages the medical records of over 325 million people worldwide.

Key Business Strategies

Faulkner has focused on organic growth, avoiding acquisitions, and keeping Epic privately held. This strategy has allowed Epic to maintain its mission and culture, leading to its success in the healthcare technology sector. Epic's commitment to employee happiness is evident in its unique corporate campus, fostering productivity and loyalty.

Philanthropy

Faulkner signed The Giving Pledge in 2015, committing to donate 99% of her fortune. She co-founded the Roots & Wings Foundation, which supports nonprofits that assist low-income children and families. The foundation granted $15 million to 115 organizations in 2020 and distributed an estimated $67 million to 305 organizations in 2023. Her goal is to reach $100 million in annual giving by 2027.