ConnectFitchburg | ConnectOregon | ConnectStoughton
ConnectVerona.com | Verona, WI

Home

Community Voices
About Us
Subscribe now
Submit an item

Advertising
Pet of the Week
Classifieds
Order a photo
People You Should Know
Senior Expo

Community Calendar

<September>
SMTWTFS
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30    



Your Family

home : news : news September 03, 2010

9/27/2009 6:00:00 AM
Epic shrugs off effects of recession
Verona’s top employer never quit growing
Epic’s Kohoutek building became the first of four new buildings to be finished and filled with employees last month.
Epic’s Kohoutek building became the first of four new buildings to be finished and filled with employees last month.
Seth Jovaag
Group reporter

Kohoutek's open for business in Verona. And Isis, Juno and Heaven are on the way.

For those unfamiliar with Epic's penchant for naming buildings after celestial things, those are the four new office buildings that are part of the company's latest round of construction.

The four buildings, which will collectively hold roughly 1,700 offices, have been in various stages of construction over the past year, with Kohoutek opening in August.

Together, they will be Campus 2, and by the time they're completed next spring, they'll provide enough space for the health-care software company to move nearly all of its ever-expanding, 3,400-strong workforce to Verona.

Currently, about 2,000 of Epic's staff are in Verona on Campus 1, which includes five office buildings with about 300 offices each. More offices are inside the "Voyager Hall" training center - part of a centralized, s-shaped building that also houses the Epicenter auditorium, which seats about 5,300 and was completed in 2007.

It seems construction never stops at Epic. In fact, over the past six months, an average of 650 construction workers have been working on site, said Jim Schumacher, project executive for general contractor J.P. Cullen.

The company also opened a 4-level, 2,065-stall underground garage (known as "Yoda") this summer.

Schumacher said the other three new buildings - Juno, Isis and Heaven - should be completed in December, March and April, respectively.

By all appearances, then, it seems Verona's largest employer is weathering the economic downturn nicely. Revenues in 2008 climbed to around $600 million from roughly $500 million in 2007 and $422 million in 2006, though the company didn't provide projections for 2009.

It seems likely that the federal stimulus act passed earlier this year could help Epic, too. It includes roughly $36 billion in incentives to healthcare providers who switch from paper to electronic medical records, which is Epic's specialty.

Those incentives will start paying out in 2011, and after 2015, clinics and hospitals could be penalized if they don't make the change.

Meanwhile, Epic this week is hosting its annual Users' Group Meeting, which draws about 3,600 customers from around the nation and beyond.

The event is a little scaled back from last year, as there are no big-name keynote speakers and attendance is slightly lower. But spokesperson Terry Leigh Rhody indicated that the company expected as much, as clients everywhere are looking to trim costs.

In this economy, she told the Verona Press, "We believe flat is the new up."

Verona Vision
Related Stories:
• SAFC headlines Verona's growth
• Epic prepares for a Wild, Wild UGM
• Mayor: Growth in Verona down, but not out
• SAFC headlines Verona's growth
• Forbes: Epic is 'hottest' in field
• Purple Goose expands into Capitol Square

Related Links:
• Verona Progress 2009





Tell us what you think!
Feel free to submit your comments about this story.

Each submission must be approved by the Web site editor. There may be a delay of up to 24 hours for any submission while the Web site editor reviews and approves it.

Note: All information on this form is required. Your telephone number and e-mail address are for confirmation only and will not be attached to your comment.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Phone:
Required
Email:
Required
Message:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   


Advanced Search












AdvertisingAbout UsSubscribe nowSend FilesClassifiedsLifestyle
Miller & Sons

ConnectFitchburg | ConnectOregon | ConnectStoughton
2010 The Verona Press, 133 Enterprise Drive, Verona, WI, 53593.
Phone: (608) 845-9559. Fax: (608) 845-9550. E-mail: veronapress@wcinet.com

Software © 1998-2010 1up! Software, All Rights Reserved