Adtalem Achieves 97% First-Time Residency Attainment Rate and Growing1

Students and graduates from Adtalem Global Education Inc.’s (NYSE: ATGE) two medical schools, American University of the Caribbean School of Medicine (AUC) and Ross University School of Medicine (RUSM), recently celebrated Match Day 2024, a pivotal moment for medical students nationwide and abroad as they learn where they will complete their U.S. residency training. This year, AUC and RUSM reached a combined 97% first-time residency attainment rate for 2023-2024 graduates thus far.¹

“Residency attainment rates are a defining benchmark for Adtalem and our two medical schools, American University of the Caribbean School of Medicine and Ross University School of Medicine, reflecting the quality of our programs, the hard work of our students and the strong demand for our medical school graduates among health systems across the country,” said Steve Beard, president and CEO, Adtalem Global Education. “Match Day represents a tangible realization of our vision as a leading provider of healthcare education in the U.S. and a systemically important solution for preparing a diverse workforce that meets the needs of the healthcare industry.”

More than 800 AUC and RUSM students and graduates attained residency positions thus far at over 350 health facilities, spanning 44 U.S. states and territories and 27 specialties. These students and graduates will aid in combating the physician shortage that could exceed 120,000 by 2034. Additional highlights of Adtalem’s residency appointments include:

• Advancing Health Equity: 188 students and graduates identify as Black/African American or Hispanic, helping diversify the pipeline of physicians in the U.S. healthcare system where, based on 2021 data, Black Americans make up 13% of the population but only 6% of physicians, and Hispanics make up 19% of the population but only 7% of physicians.^{2 3}

• Driving Health Outcomes for At-Risk Populations: Over 500 students and graduates will enter primary care residencies, poised to contribute to enhancing outcomes for some of the more than 83 million Americans in underserved areas lacking adequate access to primary care.⁴

• Specialty Care: The 27 specialties represented include those that the National Resident Matching Program defines as more competitive, such as Internal Medicine/Pediatrics, Obstetrics and Gynecology and Orthopedic Surgery.

• Strengthening Partnerships: Nearly 160 students and graduates matched into partner clinical hospitals, helping supply the healthcare system with a day-one-ready workforce tailored to their needs.

The success of this year's match reflects the quality of Adtalem's programs and the strong demand for its medical school graduates. As the leading provider of healthcare education in the U.S.⁵, dedicated to meeting the dynamic needs of the U.S. healthcare system, Adtalem remains committed to making a substantial and enduring impact on the future of healthcare by delivering practice-ready clinicians at scale.