Adtalem Rebrands as Covista With Focus on Healthcare Workforce Needs

Core Insights - Adtalem Global Education (ATGE) is rebranding to Covista, focusing on healthcare education and workforce development in response to the growing demand for trained medical professionals in the U.S. The new name will be effective from February 24, 2026, with shares trading under the ticker CVSA on the New York Stock Exchange [1][11]. Group 1: Company Strategy and Operations - Covista's operations are now aligned to address the national healthcare workforce shortage while expanding training capacity and supporting long-term talent supply [2]. - The new brand emphasizes healthcare focus, institutional reach, and clinical depth, particularly supporting underserved students such as working parents and career changers [3]. - Covista has introduced a multi-year commitment called Covista Open Doors, aimed at building and sustaining the healthcare workforce through career exploration, financial support, and mental health programs [10][12]. Group 2: Workforce Research Findings - Covista's research highlights a significant healthcare workforce crisis, with 76% of clinicians and 73% of executives indicating that staffing shortages negatively impact care quality [4][11]. - There are over 702,000 healthcare jobs posted monthly, while around 306,000 unemployed healthcare workers are available, indicating a severe mismatch in supply and demand [6]. - Rural healthcare executives face greater challenges in finding local talent, with 85% reporting difficulties compared to 45% in metropolitan areas [8]. Group 3: Technology and Future Outlook - The adoption of artificial intelligence in healthcare is seen positively by executives, but many believe it will not fully resolve staffing gaps [7]. - Covista's initial actions include partnerships to encourage healthcare careers and the establishment of a Student Emergency Care Fund to support healthcare workers [12].