Arnold Whitman knows how to adapt during market disruption. As the Founder and Executive Chairman of Formation Capital, he created his business by responding to industry needs during a distressed market, finding opportunities in the challenges. Recent market disruptions are moving the industry toward greater technology interoperability, which Whitman predicts has the potential to improve quality of care and reduce overall healthcare costs. Disruptions are also causing the industry to reconsider how to attract new talent, which Whitman says requires de-stigmatizing the industry and highlighting how interesting and fulfilling it can be. “We need to attract the type of person who is focused on giving back, and recognize and reward laborers and workers at every level,” he said. “It's going to be challenging…but our industry has always been very good at adapting.” 

Want to join the conversation? Follow NIC on LinkedIn.

We want to hear from you! Let us know what you think of NIC Chats by giving us a review on Apple Podcasts, Spotify, or wherever you listen.