After my first 12-16 months the company outlook took a turn for the worse. Stock has dipped from $57 down to around $4 within three years. Once a leader in the industry HCAT is now plagued by poor decision-making, and a lack of direction. Morale has plummeted, and the company culture has shifted from one of collaboration to one of uncertainty and frustration. The C-shite leadership team seems disconnected from the reality on the ground, making decisions that undermine the efforts of hard-working employees.
It's incredibly disappointing to see a company with so much potential fall apart due to ineffective C-suite leadership. Thankfully one of the biggest ineffective leaders has finally exited the company, just two years too late, thankfully he poached another ineffective leader to go with him.