Adtalem Global Ed Inc Stock Price, News & Analysis

Adtalem Global Education has appointed Dr. Heidi Chumley as the new dean of Ross University School of Medicine, effective Sept. 22. With over 20 years of experience in medical education, Chumley previously served at the American University of the Caribbean School of Medicine, achieving a 92% residency attainment rate for graduates in 2020-2021. Her role at RUSM will focus on aligning academic standards with healthcare workforce needs, enhancing student experiences, and expanding educational partnerships. Adtalem oversees both RUSM and AUC, which collectively boast over 22,500 alumni physicians.

Ross University School of Veterinary Medicine (RUSVM) has expanded its Ross Vet Articulation Partner Scholarship program, enhancing opportunities for students from Hispanic Serving Institutions (HSIs) and Historically Black Colleges and Universities (HBCUs). This initiative now includes partnerships with Saint Peter's University and University of Maryland Eastern Shore, bringing the total to six partners.

RUSVM aims to improve diversity in veterinary medicine, with over 30% of enrolled students identifying as people of color, significantly above the national average of 20%.

Adtalem Global Education (NYSE: ATGE) has announced significant executive leadership changes effective September 8, aimed at enhancing operational execution and integrating Walden University. Stephen Beard will become CEO, while James Bartholomew takes the lead at Chamberlain University. John Danaher will oversee Adtalem Medical and Ross University Veterinary Medicine. Paula Singer continues at Walden University, focusing on integration and growth. Steven Tom is appointed as Chief Customer Officer. These changes are expected to align with strategic objectives and improve student outcomes.

Adtalem Global Education (NYSE: ATGE) has appointed John Danaher, M.D., as president of Adtalem Medical, overseeing the American University of the Caribbean School of Medicine and Ross University School of Medicine. Danaher brings extensive experience from his roles at Elsevier and Kaplan University, where he integrated diverse educational programs. He aims to enhance educational impact amid ongoing healthcare challenges. Adtalem focuses on addressing workforce needs through innovative healthcare education solutions, reinforcing its commitment to health equity.

Adtalem Global Education (NYSE: ATGE) reported its fiscal 2021 fourth quarter and full year results, highlighting its commitment to workforce solutions in healthcare and financial services. Significant achievements include empowering over 82,000 members globally and maintaining a diverse learner population. The company has been recognized as one of America’s Most Responsible Companies 2021 by Newsweek, and for diversity by Forbes. The management, including CEO Lisa Wardell, will discuss the financial results during a conference call today at 4 p.m. CT. Further details are available on their website.

Adtalem Global Education (NYSE: ATGE) has appointed Mayur Gupta as an independent board member, effective immediately. Gupta, recognized as one of the 'Most Influential CMOs' by Forbes, brings over 20 years of experience in digital marketing and technology. His role at Gannett Co. involves leading subscription-based transformations across various portfolios. Gupta’s expertise is expected to enhance Adtalem's offerings and drive growth in the healthcare education sector. The board now includes 10 directors, with an emphasis on diversity and regular refreshment.

Laureate Education (NASDAQ: LAUR) has completed the sale of Walden University to Adtalem Global Education (NYSE: ATGE) as part of its strategy to enhance shareholder value. The deal closes with previously disclosed terms and reflects Laureate's focus on unlocking growth opportunities for its remaining businesses. Walden University, renowned for its online education, serves over 55,000 students and continues to influence higher education positively.

Adtalem Global Education (NYSE: ATGE) has completed its acquisition of Walden University, enhancing its position as a leading workforce solutions provider in healthcare education. This strategic move addresses the projected shortage of over 500,000 registered nurses and 139,000 physicians in the U.S. The acquisition is expected to generate significant value with projected revenue of $1.7 billion and an incremental $120 million in unlevered free cash flow in the first year. The integration aims for $60 million in annual cost savings and is anticipated to strengthen Adtalem's digital platform and educational offerings.

Chamberlain University has partnered with AORN to launch a workforce preparedness initiative aimed at addressing the shortage of operating room nurses. Starting early 2022, three healthcare systems—Loyola Medicine, Ochsner Health, and Emory Healthcare—will collaborate to provide a 16-week online perioperative nursing training module. This unique program, developed by AORN, is offered at no cost to students in Chamberlain's BSN program, allowing them to gain practical experience in supervised settings. The initiative aims to expand across Chamberlain's 23 campuses nationwide.