Bob Wachter

She does not accept any investment.

Is there a next generation of Faulkner leadership?

It's probably an internal person because the culture of the company is pretty insular.

But they seem like they want to remain private for the foreseeable future.

not just seem in her will, it says that it must remain private.

It goes to a consortium of current employees and her family and cannot be sold.

And how do you feel about that?

Judy had a partner in the early days, and the argument they had was over this.

He said, we need to accept VC funding.

We're not going to grow fast enough.

And she argued that we need to own the entire process here if we're going to create this integrated system where all the pieces fit together.

And he interviewed a couple of years ago.

He said, obviously, she was right and I was wrong.

They have been a massively successful company and the product they produce is quite good.

We use it and I'm reasonably satisfied with it.

I think over time, there's no way that a single company can produce the best AI tools for use cases,

that span the range from an AI scribe to an AI diagnostic support system to an AI tool that deals with the insurance company to an AI tool that facilitates clinical research.

There's just no way that one company sitting on farmland 10 miles from Madison can possibly do that.

Their ambition is to do that.

I think the world is a better place if this is more open to third-party innovators bolting in, and that's going to require more federal push to do that because that is not in the company's DNA.