Jefferson College of Health Sciences Merger State Council of Higher - - PowerPoint PPT Presentation

Jefferson College of Health Sciences Merger

September 18, 2018 State Council of Higher Education for Virginia

Public-Private Partnership

Jefferson College of Health Sciences Merger

January 2018 Announcement

Jefferson College of Health Sciences Merger

Jefferson College of Health Sciences Merger Steering Committee

Academic Programs and Accreditation Communication Finance Human Resources Information Technology Student Services

Executive Committee

Transition Structure

Jefferson College of Health Sciences Merger

Informational Website

Jefferson College of Health Sciences Merger

The Institutions At-A-Glance

Category Radford University Jefferson College of Health Sciences Type Comprehensive Public University Private Health Sciences College Focus Liberal Arts Health Sciences Campus 204 acre traditional residential campus ~100,000 sq. ft. urban clinical campus Location Radford, Virginia Roanoke, Virginia 0 Associates Programs 3 Associates Programs 12 Certificates (incl. UG & GR) 3 Certificates (incl. UG & GR) 38 Bachelor Programs 9 Bachelor Programs 16 Master Programs 5 Master Programs 3 Doctoral Programs 2 Doctoral Programs 69 Total Program Offerings 22 Total Program Offerings Accreditation Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) Offerings

Jefferson College of Health Sciences Merger

Jefferson College Current State

• No debt obligations
• No physical infrastructure or deferred maintenance
• Operations in Carilion Roanoke Community Hospital
• Operations fully self-supporting
• Strong demand with sustained enrollment growth
• Limited general fund support (i.e. $1.7 million request)

Jefferson College of Health Sciences Merger

Institutional Enrollment Comparison

Actual Actual Actual Actual Actual Actual

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 Radford University 9,573 9,928 9,798 9,743 9,401 9,418 Undergraduate 8,610 8,913 8,885 8,880 8,453 8,418 Graduate 963 1,015 913 863 948 1,000 Jefferson College 1,048 1,039 1,131 1,062 1,081 1,151 Undergraduate 862 813 876 800 759 775 Graduate 186 226 255 262 322 376 Total Combined 10,621 10,967 10,929 10,805 10,482 10,569 Undergraduate 9,472 9,726 9,761 9,680 9,212 9,193 Graduate 1,149 1,241 1,168 1,125 1,270 1,376 Fall Student Headcount

Jefferson College of Health Sciences Merger

Degree Program Overlap

Associate of Science in Surgical Technology Associate of Science in Occupational Therapy Assistant Associate of Science in Physical Therapy Assistant Certificate in Medical Lab Science Bachelor of Science in Biomedical Science Bachelor of Science in Emergency Services Bachelor of Science in Health Sciences Bachelor of Science in Respiratory Therapy Bachelor of Science in Healthcare Management Bachelor of Science in Public Health Bachelor of Science in Medical Lab Science Graduate Certificate in Biology Master of Science in Healthcare Administration Master of Science in Nursing (Family Nurse Practitioner) Master of Science in Physician Assistant Doctor of Health Sciences Doctor of Occupational Therapy

Bachelor of Science in Nursing (Traditional and RN-BSN) Graduate Certificate in Bioethics Master of Occupational Therapy

Direct Overlap

Unique

Jefferson College of Health Sciences Merger

Institutional Population Overlap

Approximately 90% (or 9 out of 10) undergraduates at Radford University and Jefferson College of Health Sciences are in-state Virginia residents.

Jefferson College of Health Sciences Merger

College Population Representation

↑ Radford University’s Waldron College Jefferson College of Health Sciences ↓

Undergraduate Graduate

Average Age by Enrollment Level

Jefferson RU Waldron

Jefferson College of Health Sciences Merger

College Average Student Age

Select Jefferson Programs

• Avg. Age

Health Sciences, Doctorate 40.4 Occupational Therapy, Doctorate 37.6 Nursing, Master's 36.7 Healthcare Administration, MHA 31.8 Physician Assistant, Master's 26.1 Occupational Therapy, Master's 25.1

25.9 20.6 31.0 27.2

Jefferson College of Health Sciences Merger

College Entry Salaries

$49,757 $82,409 $37,695 $55,150 $0 $20,000 $40,000 $60,000 $80,000 $100,000 Bachelor's Master's

Post Completion Workforce Salary Comparison

JCHS RU Waldron College

Jefferson College of Health Sciences Merger

Jefferson College of Health Sciences Merger

Institutional Experience Comparison

Jefferson College of Health Sciences Merger

Radford University students seek: Jefferson College students seek: Exploration ‐ Traditional Liberal Arts experience providing general knowledge of a wide range of subjects and a deeper exploration of ones self Focused Intensive Experience ‐ Highly competitive and focused Health Sciences education tailored to the adult learner with part‐time options A high level of student‐teacher interaction, mentorship, and collaboration Unique hands‐on experiences working with national leaders in all areas of healthcare Residential style campus providing greater

• pportunities for student life experiences, such

as fraternities and sororities, campus wellness center, recreational sports, and clubs Desire to interface with health care professionals

• n a daily basis in a hospital setting

Competitive job placement and entry level salaries compared statewide Sought‐after degree with 93% job placement and potential for higher entry level salaries

Institutional Experience Comparison

Jefferson College of Health Sciences Merger

Financial Viability and Business Model

Jefferson College of Health Sciences Merger

Jefferson College Future State

• No debt obligations
• No physical infrastructure or deferred maintenance
• Operations in Carilion Roanoke Community Hospital
• Operations fully self-supporting
• Strong demand with sustained enrollment growth
• Limited general fund support (i.e. $1.7 million request)

JCHS Preliminary Financials Allocations Total Revenue $22,643,678 $22,341,670 Personal Services $14,972,577 $14,642,525 Non-Personal Services 6,156,067 6,651,085 Total Direct Expense $21,128,644 $21,293,609 Returned Support 1,515,034 1,048,061 Total Expenses $22,643,678 $22,341,670 Net Surplus/(Deficit) $0 $0

Jefferson College of Health Sciences Merger

Jefferson College E&G Operations

Jefferson College of Health Sciences Merger

Jefferson College Personnel Operations

• Jefferson College currently maintains

152.0 position allocations.

• The Radford University model for

Jefferson College operations is also built to support 152.0 positions. ― 12-month employees transition

July 13, 2019

― 9-month employees transition

August 10, 2019

Teaching & Research 68.0 Administrative Professional 43.0 Classified Staff 41.0

Preliminary Positions by Classification

Jefferson College of Health Sciences Merger

Current Undergraduate Costs

Jefferson In-State Out-of-State Undergraduate (Annual) Tuition $26,416 $7,922 $19,557 Technology Fee 470 58 58 Capital Fee

• 447

Subtotal Tuition & E&G Fees $26,886 $7,980 $20,062 Comprehensive Fee

• 3,230

3,230 Total Undergraduate - Mandatory $26,886 $11,210 $23,292 Room - Standard Double

• 5,281

5,281 Board - 19 Meal Plan

• 4,229

4,229 Total Undergraduate $26,886 $20,720 $32,802 Radford

Jefferson In-State Out-of-State Graduate (PCH) Tuition $765 $371 $726 Technology Fee* 20 3 3 Capital Fee

• 19

Subtotal Tuition & E&G Fees $785 $375 $748 Comprehensive Fee

• 135

135 Total Graduate $785 $509 $882 Radford

Jefferson College of Health Sciences Merger

Current Graduate Costs

Jefferson College of Health Sciences Merger

Revenue Comparison

JCHS Preliminary Financials Allocations Revenue Non-General Fund Tuition and Fees $25,761,360 $23,758,415 Scholarships (3,293,215) (3,300,000) Net Receivables $22,468,145 $20,458,415 Sales & Services 133,184 133,484 Other Revenue 42,349 42,349 Total Non-General Fund $22,643,678 $20,634,248 General Fund 1,707,422 Total Revenue $22,643,678 $22,341,670

Jefferson College of Health Sciences Merger

Maintenance Reserve

• No additional funding is being requested.
• Site location remains at Carilion Roanoke Community

Hospital.

• Radford University will enter into a lease agreement

with Carilion Clinic to meet space, utility and maintenance needs for Roanoke located space.

Jefferson College of Health Sciences Merger

Equipment Trust Fund

• Radford University’s Fiscal Year 2019 fund allocation is

$1,744,993.

• Radford University will receive all current Jefferson

College inventory.

• Inventory value is expected to grow by $4.1 million.

Jefferson College of Health Sciences Merger

Wrap-Up and Discussion

Jefferson College of Health Sciences Merger

September 18, 2018 State Council of Higher Education for Virginia