Annual Report 2023

Ma n a g eme n t ’ s D i s c u s s i o n a n d A n a l y s i s J u n e 3 0 , 2 0 2 3 a n d 2 0 2 2 to attract academically highly qualified students, supporting strategic goals for enhanced student quality, experience, and outcomes. Increased professional-level enrollment during fiscal 2023 was driven by strategic health professions expansion, with continued growth at the Tampa Bay Regional Campus. NSU’s Dr. Kiran C. Patel College of Osteopathic Medicine (KPCOM) expanded its D.O. program to Tampa Bay beginning fall 2019, upon opening of the new facility, as described in prior reports. In fall 2022 (fiscal 2023), KPCOM admitted its fourth class of 164 D.O. students in Tampa Bay, for a total Tampa Bay D.O. enrollment of 626. Beginning May 2022, the College of Dental Medicine expanded its D.M.D. program to the Tampa Bay Regional Campus. It admitted its second cohort in May 2023, for a total of 72 international dental students enrolled in Tampa Bay as of June 30, 2023. Approximately 19,000 square feet of the campus was outfitted to house a student clinic, simulation lab, and supporting offices and classrooms. Construction on the state-of-the art clinic was completed during fiscal 2023, with the first patients welcomed in May. In fiscal 2023, NSU continued developing its multiphased plan for strategic capital investments anticipated to play a major role in further advancing NSU’s health and medical education, research, and patient care on the main campus in Fort Lauderdale/Davie. College Achievements Two significant academic program recognitions occurred in fiscal 2023, each many years in the making and representing a great stride toward fulfilling Vision 2025. The H. Wayne Huizenga College of Business and Entrepreneurship received accreditation from AACSB International—The Association to Advance Collegiate Schools of Business (AACSB), the highest standard of achievement for business education. The Dr. Kiran C. Patel College of Allopathic Medicine (KPCAM) received full accreditation for its M.D. program from the Liaison Committee on Medical Education (LCME). This achievement was the result of a process that began with preliminary accreditation in 2017, followed by provisional accreditation in 2021. The full accreditation milestone followed the May 2022 graduation of the college’s inaugural M.D. class, which was admitted in fall 2018. NSU is one of only four universities in the United States to offer both a D.O. and M.D. program, and the first and only university in the state of Florida to grant both degrees. During fiscal 2023, NSU graduated 424 physicians (D.O. and M.D. graduates combined), helping to alleviate the local and national physician shortage. Overall, fall 2022 enrollment in KPCAM and KPCOM (undergraduate, graduate, and professional programs) totaled 2,911, increasing a combined 11 percent from the prior year (fall 2021) and 68 percent over a fouryear period (from fall 2018, when the first M.D. class was admitted, to fall 2022). KPCOM’s growth is largely attributable to the expansion at the Tampa Bay Regional Campus, beginning fall 2019 as previously described. Growing Philanthropy and Advancing Research As part of the university’s Campaign to Preeminence, NSU recognized several generous gifts and advanced its research initiatives with noteworthy grant awards during fiscal 2023. In honor of a transformational endowment gift in support of student scholarships, the pharmacy college was named the Barry and Judy Silverman College of Pharmacy. Additionally, a gift providing for the creation of the Jerry Taylor and Nancy Bryant Trading Floor and for continued programming and support for the H. Wayne Huizenga College of Business and Entrepreneurship was recognized. The business trading floor will give students hands-on experience in conducting research and managing a range of investments. NSU researchers conducted ongoing studies addressing topics of national significance and attained various new, multiyear grant awards. For example, the Halmos College of Arts and Sciences was collectively awarded approximately $3.3 million from the Florida 2

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