by David Dunn and Rick Smith, outgoing Chairman of the Board and incoming Chairman of the Board
Roseman University of Health Sciences is committed to transforming medical education and the health of our communities by addressing the critical shortage of doctors in Nevada through the development of a groundbreaking medical school. As outgoing and incoming Chairs of the Roseman University Board of Trustees, we are proud to be a part of this noble and transformative work in our community.
Launch of a revolutionary medical school
Building on more than 20 years of success in training healthcare professionals in pharmacy, nursing, and dentistry, Roseman University is developing a college of medicine to be located at its Summerlin campus. Roseman University of Health Sciences is a Nevada-based, private, nonprofit university specializing in educating and training the next generation of highly skilled and indispensable healthcare professionals. With a focus on health care training for the communities it serves, Roseman University is uniquely positioned to meet Nevada’s continued need for physicians.
Addressing Nevada’s Physician Shortage
According to the Association of American Medical Colleges, in 2017, Nevada ranked 47th in the nation for the number of physicians per 100,000 population and 48th for the number of primary care physicians per 100,000 population. The percentage of Nevada medical graduates who practice primary care is in the bottom half of the national rankings. Nevada’s doctor shortage is even worse than in most states. The need for more primary care physicians, as shown by the Health Resources and Services Administration (HRSA) health workforce, is significant. In December 2018, there were 7,026 primary care HPSAs. Nevada’s growing and aging population requires more doctors to care for them.
Positive financial impact
In addition to its positive impact on Nevada’s medical workforce shortage, Roseman’s College of Medicine will bring significant new investment to the region and has the potential to bring additional economic development through clinical and research partnerships. and the expansions of growing private companies. According to Tripp Umbach, a nationally recognized research company, by 2040, Roseman’s College of Medicine is expected to generate over $1 billion in total economic impact for the state of Nevada. The College of Medicine alone will account for half of ($500 million) of the overall economic impact; however, in their analysis, the Tripp Umbach researchers included the multi-faceted impact the College of Medicine would have: including indirect investments in the state, retention of patients in the state, attraction of out-of-state patients, increased medical workforce, research, healthcare cost savings and improved population health. Tripp Umbach also said Roseman’s College of Medicine would support about 3,400 jobs in the area and generate $27.4 million in revenue for state and local governments. Positive public revenue is an important advantage of private medical schools because, unlike state-supported schools, private institutions receive no ongoing public funding for their operations.
Dr. Greer’s vision
Dr. Pedro “Joe” Greer Jr., dean of the medical school, Presidential Medal of Freedom winner, and MacArthur Fellows Genius Grant recipient, is leading this effort. Together with his team, Dr. Greer envisions a medical education program that will train the physicians of the future, developing clinically excellent, community-minded, patient-centered, socially responsible, humble, compassionate, and inclusive physicians who will be national leaders in their fields. respective. This will be accomplished through innovative teaching, emphasizing not only clinical excellence, but also ethics, humility, empathy, critical and creative thinking, and real-world experience. Graduates of the College of Medicine will understand the complexities of communities and the impact of social determinants of health on individual and population health. The communities we serve will be partners in our teaching and learning – giving voice to perhaps the greatest and wisest of teachers – patients.
We cannot do this alone. This is where the business community can step in and help, both through individual private donations, corporate partnerships, and through leadership and faith in our new College and the countless benefits it offers us. to all. As part of the business community, we look forward to continuing to work together to improve health outcomes, drive economic growth, and create community partnership for all. For more information, visit giving.roseman.edu/envision/
David DunPresident, Chief Investment Officer, Kingsbridge Wealth Management, Inc. Past Chairman, 2020-2022, Roseman University of Health Sciences
Rick SmithPresident and CEO, RDS Enterprises LLC, Incoming Chairman of the Board, 2022-2024, Roseman University of Health Sciences