Becker's Healthcare April 12, 2024
Epic founder and CEO Judy Faulkner is happy when her employees don’t know what EBIDTA stands for.
Visitors recently asked some Epic staffers what the company’s EBIDTA was, Ms. Faulkner wrote in an April 8 blog post. They had no idea, nor did they know that it meant earnings before interest, taxes, depreciation and amortization.
“I was delighted to hear that story,” she wrote.
Rather, she said, she wants Epic employees focusing on the features of the company’s software rather than its financials.
“Yes, of course we know that financials are important, and if we’re not financially OK we won’t exist — but for our staff, the financials rarely enter into decision-making,” she wrote. “Do our customers need a new...
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