Employment and Jobs

Industry Spotlight: Healthcare and Employee Ownership

April 10, 2025  • Economic Opportunities Program & Rutgers University

Description

Health care is one of our nation’s largest industries and employers. Though worker-owned cooperatives have a fairly significant presence in this industry, largely through home care, only about 2% of ESOPs are in healthcare. But these dynamics may also change as more clinics, private practices, and direct-care companies look to employee ownership to strengthen their performance, create better jobs, and retain their independence. Some advocates also argue that employee ownership may also be able to support better patient and client outcomes. In this conversation from the 2025 Employee Ownership Ideas Forum, panelists examine the current state of employee ownership in healthcare and how the model might help strengthen the industry.

Speakers
  • Terrell Cannon, Director of Training and Workforce Development, Home Care Associates
  • Katrina Kazda, Vice President of Home Care Innovations, The ICA Group
  • Terry Leahy, CEO, MyPath Companies
  • Moderator: Adria Scharf, Associate Director, Institute for the Study of Employee Ownership and Profit Sharing
Related Resources
About the Employee Ownership Ideas Forum

This video comes from the third Employee Ownership Ideas Forum, hosted by the Aspen Institute Economic Opportunities Program and the Rutgers Institute for the Study of Employee Ownership and Profit Sharing. Our 2025 forum, “From Workers to Owners,” highlighted how the experience of ownership changes the reality of work for workers. The forum featured companies in a range of business sectors and explored how employee ownership fits their business strategy and approach to business leadership. The particular role employee ownership can play in supporting business success was discussed , and the role institutional investors can play in improving capital access for employee ownership conversions and expansions was also considered.


For clips and highlights from the Forum, subscribe to the Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneop/

And tune in to our podcast to listen to full discussions on the go: https://podcasters.spotify.com/pod/show/aspeneop

For more from the Forum — including audio, transcripts, and additional resources — visit:

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