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Jeff Margolis

Jeff Margolis

Editor’s Note: Jeff Margolis is the former CEO and current chairman of Welltok, a healthcare consumer activation company. Previously, Margolis was the founder and CEO of Newport Beach’s TriZetto, which he led to a successful IPO and a $1.4B private equity buyout. He’s the chairman of NextGen Healthcare Inc. (Nasdaq:NXGN) and on the boards of Alignment Healthcare Inc. (Nasdaq: ALHC) and TriNetX LLC. As a local volunteer, he serves on the board of directors at Hoag Hospital and various advisory boards at UCI. The following is an edited excerpt from his book, “Not Just in Sickness but also in Health; Moving Beyond Sickcare to Health Optimization for All,” published in February by ForbesBooks. The Business Journal this week has a special supplement on Healthcare Education starting on page 27.

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Editor’s Note: Jeff Margolis is the former CEO and current chairman of Welltok, a healthcare consumer activation company. Previously, Margolis was the founder and CEO of Newport Beach’s TriZetto, which he led to a successful IPO and a $1.4B private equity buyout. He’s the chairman of NextGen Healthcare Inc. (Nasdaq:NXGN) and on the boards of Alignment Healthcare Inc. (Nasdaq: ALHC) and TriNetX LLC. As a local volunteer, he serves on the board of directors at Hoag Hospital and various advisory boards at UCI. The following is an edited excerpt from his book, “Not Just in Sickness but also in Health; Moving Beyond Sickcare to Health Optimization for All,” published in February by ForbesBooks. The Business Journal this week has a special supplement on Healthcare Education starting on page 27. 

Most of the vital healthcare information technology (HCIT) companies that power the $3.5 trillion U.S. healthcare system are not household names: EPIC, Athena, NextGen and even IBM Watson Health. None of these companies, on a revenue basis, amount to even 5% of the size of the big five tech companies or, even when consistently profitable, garner similar valuations.
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