Training Tomorrow's Doctors
Roseman University of Health Sciences is a non-profit, private institution of higher learning focused on training the next generation of healthcare professionals. Now celebrating its 20th anniversary, Roseman was founded in Henderson in 1999. From its beginnings with a single pharmacy class of 36 students, Roseman now offers undergraduate and graduate degree programs on three campuses in Nevada and Utah and has more than 1,600 students.
Roseman’s College of Dental Medicine offers an Advanced Education in Orthodontics and Dentofacial Orthopedics/MBA residency, an Advanced Education in General Dentistry residency, and a Doctor of Dental Medicine. The College of Pharmacy offers a Doctor of Pharmacy degree as well as continuing education for pharmacists. The College of Nursing offers a Bachelor of Science in Nursing, Accelerated Bachelor of Science in Nursing, and Master of Science in Nursing/Family Nurse Practitioner. Roseman also supports a healthcare-focused MBA program.
A $100 million fundraising campaign is currently underway to establish a College of Medicine that will offer Doctor of Medicine (M.D.) degrees once it is accredited. “There is no larger workforce priority in Southern Nevada than the need for healthcare workers,” noted Micah Phillips, EVP/Director of Marketing for Nevada State Bank. “According to a 2016 report from the Governor’s Office of Economic Development, more than 18,000 new healthcare practitioners will be needed in Nevada by 2025. This occupational gap impacts the quality of healthcare, so it is not just a workforce consideration. It is also a ‘quality of life’ consideration, an economic development variable that impacts our ability to attract businesses and jobs to Nevada.”
Roseman has already invested more than $79 million in the College of Medicine. That includes start-up operating funds and investments in buildings to house the new college. In 2013, Roseman completed a merger with the former Nevada Cancer Institute Foundation, which expedited planning for the College of Medicine by providing an ideal location: the Ralph and Betty Engelstad Research Building in Summerlin. The merger also secured the facility, laboratories, and equipment Roseman researchers needed to continue their ground-breaking research not only in cancer, but also in other life-threatening diseases like diabetes, obesity, and neuro-degenerative diseases like Alzheimer’s and Parkinson’s.
In addition to training new doctors, the medical school will offer other benefits to the community. Through the LENS program (Longitudinal Experience in Neighborhood Service), medical students will serve at healthcare delivery sites throughout the region that treat all patients, regardless of their ability to pay. Partnerships with nonprofit organizations, healthcare providers and primary care physicians will further enable Roseman medical students to serve the community and residents in need. Dental students already have the opportunity to offer orthodontics and general dentistry services at Roseman Dental in Henderson. Located adjacent to Spring Valley Hospital in Las Vegas, Roseman Medical Group is the medical practice of Roseman University College of Medicine, currently offering expertise in Family Medicine, Neurology and Pediatric Nephrology.
“Nevada State Bank is very supportive of the new Roseman University of Health Services College of Medicine,” said Phillips. “Bringing additional training and healthcare professionals is a major benefit to our community and will impact all of Nevada.”
Rita Vaswani, SVP/Relationship Manager for the bank’s Professional Banking division, serves as Chairman for the University’s Campaign for the College of Medicine fundraising campaign. She leads efforts to identify donors and partners to help the university raise the capital needed to launch the new medical school. Robert Arnal. VP/Sales Manager, serves on Roseman University’s Advisory Board.
Nevada State Bank has also pledged to host financial literacy classes for graduating MDs, giving them the money management skills they will need as they begin their professional lives. Topics will include budgeting, wise use of credit, practice financing, and ways to pay down student debt. The bank has created a special designation for its colleagues who receive specialized training about the unique financial needs of the healthcare industry. These Certified Medical Bankers are well-equipped to understand and handle the challenges faced by medical professionals, and to make sure that the new doctors get the background they need to start their careers on a firm financial footing.
For more information on Roseman University, visit roseman.edu. To view a short video about Roseman’s impact on the community, visit https://www.8newsnow.com/news/las-vegas-now/nevada-state-bank-is-helping-the-next-generation-of-healthcare-providers/.
The information provided is presented for general informational purposes only and does not constitute tax, legal or business advice. Any views expressed in this article may not necessarily be those of Nevada State Bank, a division of Zions Bancorporation, N.A. Member FDIC