AI & Product Development: President Sumit Rana’s Insights
- Epic Systems, a leading electronic health records (EHR) company, employs a unique internal practice to identify potential future leaders.
- According to Epic President Sumit Rana, Faulkner herself participates in this exercise."Yeah, absolutely," Rana told STAT.
- While the identities of those Judy Faulkner lists remain unknown,Sumit Rana is widely considered the frontrunner to succeed the 82-year-old founder. Faulkner established Epic in 1979,starting the company...
Epic Systems Succession Planning: Judy Faulkner’s Leadership Transition
The Succession Exercise at Epic
Epic Systems, a leading electronic health records (EHR) company, employs a unique internal practice to identify potential future leaders. Employees are periodically asked to list three individuals who could potentially replace them in their roles. This exercise, initiated by CEO Judy Faulkner, aims to uncover hidden talent within the institution.
According to Epic President Sumit Rana, Faulkner herself participates in this exercise.”Yeah, absolutely,” Rana told STAT. She is credited with originating the practice.
Sumit Rana as Likely Successor
While the identities of those Judy Faulkner lists remain unknown,Sumit Rana is widely considered the frontrunner to succeed the 82-year-old founder. Faulkner established Epic in 1979,starting the company in her basement. Rana’s position as President and his acknowledgement of the succession planning process strongly suggest he is being groomed for the role.
Epic Systems: A Brief Overview
Epic Systems is a privately held healthcare software company. It is one of the largest EHR vendors in the United States, serving hospitals, large physician practices, and integrated delivery networks. Epic’s software is known for its comprehensive functionality and integration capabilities. The company’s influence on the healthcare industry is considerable,impacting how patient data is managed and shared.
| Metric | Data (as of August 23, 2024) | Source |
|---|---|---|
| Founded | 1979 | STAT |
| CEO | Judy Faulkner | STAT |
| President | Sumit Rana | STAT |
| Headquarters | Verona, Wisconsin | STAT |
