Becker's Healthcare September 30, 2024
While Judy Faulkner has no plans to retire from Epic, she has made arrangements for the company to stay private and employee-owned after she’s gone, Forbes reported Sept. 30.
Ms. Faulkner has run Epic since founding it in a Wisconsin basement apartment in the late 1970s. It has since grown into the market leader for hospital EHRs with $4.9 billion in annual revenue, all without ever taking venture capital money or acquiring another company. Ms. Faulkner, still the CEO at 81 years old, intends for things to stay that way.
According to Forbes, Ms. Faulkner has all of Epic’s voting shares, which, after she dies, will transfer to a trust governed by four family members — her husband and...
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