FY2019 Osteopathic Medical College Revenues and Expenditures

For fiscal year (FY)2019 (July 1, 2018 - June 30, 2019), 35 private and 7 public colleges of osteopathic medicine (COMs) reported data for AACOM's 2020-21 Annual Osteopathic Medical School Questionnaire (Annual Survey). Private COMs reported $343.15M in excess revenues, while public COMs reported an excess of $161.46M for FY2019. Compared to FY2017, private COMs experienced a $50.45M (17.2%) increase, and public COMs a $83.32M (106.6%) increase.

The gap between private and public COMs decreased from $214.56M in FY2017 to $181.69M in FY2019. Among private COMs, 19 private COMs reported an increase since FY2017. Out of the 19 private COMs that reported an increase, 13 reported a higher surplus, 4 previously in the negative reported a surplus, and 2 reported an increase but are still in the negative for FY2019. Twelve private COMs reported a decrease for FY2019. Out of the 12 private COMs that reported a decrease, 10 have maintained a surplus while 2 are going further into the negative. One private COM reported breaking even for both FY2017 and FY2019.

Compared to FY2017, 4 public COMs reported an increase in excess revenues. One public COM previously in the negative reported a surplus for FY2019. Two public COMs reported a decrease but have maintained a surplus.

Notes: 

COMs were administered an abbreviated version of AACOM's 2019-20 Annual Survey due to the COVID-19 pandemic and COM operations consequently affected. COM deans voted on which sections to complete for the abbreviated version, which omitted sections that would have collected FY2018 revenues and expenditures data. Therefore, FY2018 data are unavailable and FY2017 data have been used instead for this data analysis comparison. 

 Figures may not sum due to rounding.