Covista, formerly known as Adtalem Global Education, has undergone a strategic transformation to position itself as a vital player in the American healthcare workforce pipeline. The company has rebranded to focus on healthcare and has announced that its stock will begin trading under the ticker symbol CVSA on the New York Stock Exchange on February 24, 2026.
Covista now operates five accredited institutions, serving more than 97,000 students and 385,000 alumni, and has become America's largest healthcare educator. The company graduates 24,000 healthcare professionals annually, including 10% of America's nurses. It also educates twice as many MDs as any other MD-granting school in the U.S.
In response to the healthcare workforce crisis, Covista has released a comprehensive research report, the "Covista Care Capacity Monitor," which highlights the urgency of the U.S. healthcare workforce shortage. The report reveals that there are over 702,000 healthcare job vacancies posted every month, while only 306,000 unemployed healthcare workers exist to fill them.
Additionally, Covista has launched "Covista Open Doors," a multi-year impact commitment to support the healthcare workforce. This initiative aims to inspire individuals to pursue healthcare careers, help students achieve their healthcare ambitions, and support the well-being of healthcare workers through various programs and partnerships.
Furthermore, the company will discuss its long-term strategy and growth targets at an investor day on February 24, providing detailed insights on how it intends to address the documented healthcare workforce needs and outlining investment priorities for the coming years.
Covista's commitment to addressing the healthcare workforce shortage and supporting the future healthcare professionals demonstrates its dedication to making a significant impact in the healthcare industry. Today the company's shares have moved -0.46% to a price of $116.85. If you want to know more, read the company's complete 8-K report here.
