Holly Buckley

but you can help them with the things that they need help with and help them focus on their long-term business core strategy. Because I think for the most part, the core strategy is going to remain the same if you're in a sector that's not heavily impacted by some of the changes that are happening.

So one of the things I was actually going to chat about with you today is I wanted to get your views on some of the tariff impact on healthcare services, for example, But one take on healthcare services is in some ways it is a better area than others with respect to the tariffs in that it is domestic. There is not a heavy focus on supply chain issues.

So one of the things I was actually going to chat about with you today is I wanted to get your views on some of the tariff impact on healthcare services, for example, But one take on healthcare services is in some ways it is a better area than others with respect to the tariffs in that it is domestic. There is not a heavy focus on supply chain issues.

A lot of the clients we work with are working on tech enabled platforms, which are less impacted by the tariffs. And so maybe the sector is more resilient and less reliant on some of the global trends that are happening.

A lot of the clients we work with are working on tech enabled platforms, which are less impacted by the tariffs. And so maybe the sector is more resilient and less reliant on some of the global trends that are happening.

And so there's not necessarily a need for a major strategy refocus, whereas other businesses may need more help with a global strategy refocus, but a lot of the businesses we work with don't. So it's continuing to help them focus and hone in on the core business strategy and execution. They have their own problems with workforce and the things that we're dealing with.

And so there's not necessarily a need for a major strategy refocus, whereas other businesses may need more help with a global strategy refocus, but a lot of the businesses we work with don't. So it's continuing to help them focus and hone in on the core business strategy and execution. They have their own problems with workforce and the things that we're dealing with.

A lot of it is just, you know, the big, broad dialogues of helping people hone in on what they need to be doing and what they need to focus on, what does and doesn't need to change, and then just doubling down on execution. So, I mean, the best thing we can do is be great advisors, be a consistent, and help people work through this tumultuous time.

A lot of it is just, you know, the big, broad dialogues of helping people hone in on what they need to be doing and what they need to focus on, what does and doesn't need to change, and then just doubling down on execution. So, I mean, the best thing we can do is be great advisors, be a consistent, and help people work through this tumultuous time.

I think that's right. I mean, I think the Medicaid cuts are another area that is super interesting and we're watching and I think don't fully understand yet. I think the Republicans have passed their budget resolution and They need to cut $880 billion in costs through 2034, and it's got to come from somewhere.

I think that's right. I mean, I think the Medicaid cuts are another area that is super interesting and we're watching and I think don't fully understand yet. I think the Republicans have passed their budget resolution and They need to cut $880 billion in costs through 2034, and it's got to come from somewhere.

And I think given where they have jurisdiction, we think a lot of it will come from Medicaid. I think we need to wait and see a little bit in terms of where that comes from. But it's interesting because a lot of the areas that could be very impacted by Medicaid cuts are also the areas that still... reflects really good investment opportunities just based on other dynamics.

And I think given where they have jurisdiction, we think a lot of it will come from Medicaid. I think we need to wait and see a little bit in terms of where that comes from. But it's interesting because a lot of the areas that could be very impacted by Medicaid cuts are also the areas that still... reflects really good investment opportunities just based on other dynamics.

So I think we just don't know what the areas such as home health, substance abuse, mental health providers. We need to know more before we can really say what the impact is going to be. But thank you for your kind comments too. They are appreciated. And I think some of it is just not looking at the stock market.

So I think we just don't know what the areas such as home health, substance abuse, mental health providers. We need to know more before we can really say what the impact is going to be. But thank you for your kind comments too. They are appreciated. And I think some of it is just not looking at the stock market.

100%. 100%.

100%. 100%.

Thank you, Scott.

Thank you, Scott.

Thanks, Scott, and thanks for having me on. I'm actually coming at you live today from the KO 2025 Women's Healthcare Private Equity Summit here in Chicago. So I apologize if there's any background noise. So it's actually great to be at a conference right now and hear some of the discussion around what folks are seeing and how they're viewing the market.