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Adtalem Global Education Inc. (symbol: ATGE) is a prominent American for-profit educational company that empowers students to achieve their educational and career goals. The company operates through a series of educational institutions that provide a broad range of degree programs in fields such as healthcare, business, technology, accounting, finance, and law.
Founded with the mission to offer quality education, Adtalem is the parent organization of several well-known institutions, including the American University of the Caribbean School of Medicine, Chamberlain College of Nursing, Ross University School of Medicine, and Ross University School of Veterinary Medicine. It also oversees institutions like DeVry University and its Keller Graduate School of Management, DeVry Brasil, Carrington College, and Becker Professional Education.
Adtalem boasts over 90 campuses and a robust online learning offering. This flexibility allows them to cater to a diverse student body, offering associate, bachelor's, and postgraduate degrees. Enrollment in business-related programs represents nearly half of the total student body, with technology and healthcare programs also attracting significant numbers.
Financially, Adtalem derives the bulk of its revenue from student enrollment fees, primarily funded through federal financial aid programs such as Pell Grants. The company continually strives for excellence by keeping up with the latest educational trends and ensuring high standards across all its programs.
Recent achievements of Adtalem include partnerships with various healthcare organizations to enhance clinical training for nursing students and collaborations with businesses to provide real-world experience for technology and business students. The company's commitment to innovation and student success has made it a respected leader in the education sector.
Adtalem Global Education (NYSE: ATGE) has forged a partnership between the American University of the Caribbean School of Medicine (AUC), Ross University School of Medicine (RUSM), and Southern California University of Health Sciences (SCU). This collaboration aims to broaden educational access for aspiring physicians, offering SCU graduates up to
Chamberlain University, a leading nursing educator in the U.S., celebrated over 14,000 graduates at its spring 2022 commencement, contributing to a network of 115,000 alumni. This institution addresses the projected shortage of half a million nurses by 2030, with nearly 60% of its students from underrepresented minority backgrounds. Chamberlain offers a variety of programs, including BSN and online degrees, to fulfill healthcare workforce needs while promoting health equity in underserved areas.
Adtalem Global Education (NYSE: ATGE) will host a conference call on August 11, 2022, at 4 p.m. CT to discuss its fiscal 2022 fourth quarter and full-year results. The call will be led by Steve Beard, CEO, and Bob Phelan, CFO. Interested participants can dial in or join via a live webcast. A replay will be available until September 11, 2022. Adtalem is known for its commitment to healthcare education and has a network of over 275,000 alumni.
Adtalem Global Education appoints David Pryluck, MD, MBA, as the senior associate dean at the Sint Maarten campus of the American University of the Caribbean School of Medicine (AUC). Previously, Dr. Pryluck was vice chair of education at Geisinger Commonwealth School of Medicine. His role includes fostering diversity, student success, and community engagement. AUC is known for addressing workforce needs in healthcare, with a 96% residency attainment rate for 2021-22 graduates. This appointment aims to enhance AUC's mission of training diverse and capable physicians.
Chamberlain University, the largest nursing school in the U.S., has received Initial Accreditation for its Master of Social Work (MSW) program by the Council on Social Work Education through 2030. Launched in September 2019, the program prepares students to be social change agents and will retroactively recognize graduates from its inception as having completed an accredited program. The online MSW program offers specializations in medical social work and trauma, allowing degree completion in as few as two years, further enhancing workforce preparedness in social work.
Adtalem Global Education (NYSE: ATGE) has appointed William 'Liam' Krehbiel as an independent board member, effective immediately. Krehbiel, a venture philanthropist with decades of experience, emphasizes improving educational equity. Adtalem's board now features 12 directors, with a focus on diversity and regular evaluation of board composition. Krehbiel aims to leverage Adtalem's resources in healthcare education to address social challenges while enhancing shareholder value. His extensive background includes leadership roles in philanthropic education initiatives, particularly in the Chicago area.
Adtalem Global Education (NYSE: ATGE), a prominent healthcare educator, will participate in the Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022, at the InterContinental Barclay Hotel in New York. CEO Steve Beard will engage in a fireside chat with analysts at 8:30 am EDT, which will be webcast live and archived for 30 days on their Investor Relations page.
Adtalem Global Education (NYSE: ATGE) celebrated over 750 graduates from its medical schools, American University of the Caribbean and Ross University, in Miami. The schools achieved a 95% residency attainment rate, with 74% entering primary care specialties, critical amid a physician shortage projected to reach 124,000 by 2034. Notably, 26% of graduates are from underrepresented races and ethnicities. The institution emphasizes health equity and diversity in its training programs, continuing its commitment to address workforce shortages in healthcare.
Chamberlain University, part of Adtalem Global Education (NYSE: ATGE), received a
Adtalem Global Education (NYSE: ATGE) will engage in a virtual non-deal roadshow on May 25, 2022, hosted by Barrington Research. Key executives Steve Beard, CEO, and Bob Phelan, CFO, will present during the event. Interested investors can access the presentation through the Investor Relations section on Adtalem's website. Adtalem is a prominent healthcare educator and the parent organization of several educational institutions including Chamberlain University and Ross University. It aims to enhance workforce preparedness across its diverse learner population.
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