Adtalem seems to be charging deeper into health-care education and going up the value chain, which makes a lot of sense. Health-care education is tightly regulated by third parties and job opportunities are plentiful, he said. Some for-profit health-care education programs, particularly in nursing, are considered elite by employers. Demand for health-care professionals nationally is high. The public sector hasn’t been able to produce enough doctors and nurses for our society, especially during COVID. That makes it an area where it makes sense for for-profit institutions and private capital to operate.
Adtalem bets big on health-care education with acquisition of Walden University in the face of an uncertain landscape for for-profits.