FY2022 Osteopathic Medical College Revenues and Expenditures

For fiscal year (FY)2022 (July 1, 2021 – June 30, 2022), 46 private and 11 public colleges of osteopathic medicine (COMs) reported data for AACOM’s 2023-24 Annual Osteopathic Medical School Questionnaire (Annual Survey).  Private COMs reported $244.29M in excess revenues, while public COMs reported $55.37M. Compared to FY2021, private COMs experienced a $41.82M (20.7%) increase, and public COMs a decrease of $26.69M (32.5%).  

The gap between private and public COMs increased from $120.41M in FY2021 to $188.92M in FY2022. Among private COMs, 16 reported an increase since FY2021. Out of the 16 private COMs that reported an increase, 11 reported a higher surplus, 3 reported an increase but are still in the negative, and 2 previously in the negative for FY2021 reported a significant surplus for FY2022. Twenty-three private COMs reported a decrease since FY2021.  Out of the 23 private COMs that reported a decrease, 17 have maintained a surplus, 4 that reported a surplus for FY2021 are now in the negative, and 2 have gone further into the negative since FY2021.  Two private COMs reported the same status as FY2021, including one private COM that broke even and another COM that is still in the negative with no fluctuation.

Compared to FY2021, 5 public COMs reported an increase while 2 reported a decrease.  Out of the 5 public COMs that reported an increase, 4 reported a higher surplus, while 1 reported an increase but is still in the negative.  Both COMs that reported a decrease previously had a surplus for FY2021 but are now in the negative.

Note: Figures may not sum due to rounding.