Wake Forest University School of Medicine
Academic medical center founded in 1902 and part of Advocate Health, training nearly 1,900 students and fellows while delivering clinical care through a multi-hospital network in North Carolina and conducting over $400 million in annual biomedical research across regenerative medicine, oncology, and aging.
- Company typePrivate
- Founded1902
- HeadquartersWinston Salem, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Wake Forest University School of Medicine does
Wake Forest University School of Medicine is an academic medical center founded in 1902 in Winston-Salem, North Carolina, operating as the medical school of Wake Forest University within the Advocate Health system following the 2022 merger of Atrium Health and Wake Forest Baptist. The institution trains nearly 1,900 students and fellows annually across MD, Physician Assistant, Nursing (including a DNP Nurse Anesthesia program), and Biomedical Graduate programs, and delivers clinical care through Atrium Health Wake Forest Baptist Medical Center, Brenner Children's Hospital, and four affiliated community hospitals (Davie, High Point, Lexington, Wilkes).
The school's research portfolio draws over $400 million in annual extramural funding and is anchored by the Wake Forest Institute for Regenerative Medicine (WFIRM), an NCI-designated Comprehensive Cancer Center, the Sticht Center for Healthy Aging and Alzheimer's Prevention, the Center for Artificial Intelligence Research, the Center for Precision Medicine, and the Cardiovascular Sciences Center. Technology commercialization is handled through Wake Forest Innovations, with a notable recent equity-and-license partnership with Postbiotics, Inc. covering patented postbiotic strain D3.5 and the planned April 2026 launch of the Gutibio medical food.
Monetization spans four streams: medical education tuition across multiple degree programs, clinical services revenue through the integrated hospital network, federal and extramural research grants, and technology licensing royalties. Distribution is anchored by the Advocate Health footprint (~70 hospitals and 1,000 care sites across six states) and is being expanded materially through The Pearl, a $1 billion+ innovation district in Charlotte that adds a second medical school campus, IRCAD's North American surgical training headquarters, and medtech lab space, projected to create over 5,500 on-site and 11,500 total regional jobs.
Wake Forest University School of Medicine firmographics
Firmographics- Name
- Wake Forest University School of Medicine
- Legal name
- Wake Forest University School of Medicine
- Website
- https://school.wakehealth.edu
- Company type
- Private
- Founded year
- 1902
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Academic medical center founded in 1902 and part of Advocate Health, training nearly 1,900 students and fellows while delivering clinical care through a multi-hospital network in North Carolina and conducting over $400 million in annual biomedical research across regenerative medicine, oncology, and aging.
- Ownership category
- akta.pro rank
Wake Forest University School of Medicine industry classification
Industry- Product category
- Academic Medical Center
- NAICS
- Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310), Colleges, Universities, and Professional Schools (61131)
- SIC
- Services-Educational Services (8200), Services-Commercial Physical & Biological Research (8731), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Academic Medical Centers & Teaching Hospitals (University-Affiliated) (EDAHAGAA)
- akta.pro secondary industries
- Health & Biomedical Research Universities (Academic Medical Center–Affiliated) (EDAHABAC), Academic Medical Centers (AMCs) & Teaching Hospitals (HLAFAAAA), Biomedical Sciences & Medical Research Institutes (University-Based) (EDAHAGAI)
Keywords
Where Wake Forest University School of Medicine is headquartered
LocationHeadquarters
- HQ city
- Winston Salem
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Wake Forest University School of Medicine business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Medical Education Tuition: Revenue from MD program tuition, PA studies, nursing programs, and biomedical graduate programs tuition and fees.
- Healthcare Services: Clinical care revenue through Atrium Health Wake Forest Baptist hospital network, outpatient clinics, and specialty care services.
- Research Grants and Extramural Funding: Over $400 million annually in extramural research funding from NIH, NSF, and other federal/private sources supporting biomedical research programs.
- Technology Licensing: Revenue from licensing patented technologies and strains including postbiotic strain D3.5 to commercial entities such as Postbiotics, Inc.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Wake Forest University School of Medicine product offering
Product offeringCore offering
Wake Forest University School of Medicine is an academic medical center that delivers medical education, biomedical research, and clinical care. It offers MD, PA, nursing, and biomedical graduate degree programs to nearly 1,900 students and fellows, conducts over $400 million in annual extramural research across multiple NIH-funded institutes and centers, and provides patient care through the Atrium Health Wake Forest Baptist hospital network including a NCI-designated Comprehensive Cancer Center and Brenner Children's Hospital.
Product overview
Wake Forest University School of Medicine is an academic medical institution offering a comprehensive portfolio of educational programs and research services. The institution provides medical education through its MD Program, PA Studies, Academic Nursing Programs, Biomedical Graduate Programs, and Residencies/Fellowships. Research operations are anchored by institutes including the Wake Forest Institute for Regenerative Medicine (WFIRM), Comprehensive Cancer Center, Sticht Center for Healthy Aging and Alzheimer's Prevention, and Center for Artificial Intelligence Research. The school directs education for nearly 1,900 students and fellows and has garnered over $400 million in extramural research funding. Facilities include the Bowman Gray Center for Medical Education with advanced simulation and learning spaces.
Differentiator
Problem solved
Functional benefit
Brands
- Wake Forest Innovations: Technology transfer and commercialization division of Wake Forest University School of Medicine
- Brenner Children's Hospital
- Bowman Gray Center for Medical Education
- Wake Forest Institute for Regenerative Medicine (WFIRM)
- MEDucation Day
Products and services
- MD Program Four-year medical degree program with patient care experience beginning in the first week, training students to become physicians at a research-intensive academic medical center.
- PA Studies (Physician Assistant Program) Physician assistant training program including the DMSc (Doctor of Medical Science) and PA Program, nationally ranked #11 by U.S. News & World Report.
- Academic Nursing Programs (Post Master's to DNP and DNP Nurse Anesthesia) Nursing education programs including the Post Master's to DNP Program and DNP Nurse Anesthesia Program, with Nurse Anesthesia ranked #12 nationally by U.S. News & World Report.
- Biomedical Graduate Programs Graduate-level research training programs in various biomedical science disciplines, available online and onsite.
- Residencies and Fellowships Graduate medical education offering training across multiple specialties and subspecialties within the Atrium Health Wake Forest Baptist network.
- Clinical Care Services (Atrium Health Wake Forest Baptist Network) Inpatient and outpatient clinical care delivered through Atrium Health Wake Forest Baptist Medical Center, Brenner Children's Hospital, Davie Medical Center, High Point Medical Center, Lexington Medical Center, and Wilkes Medical Center.
- Wake Forest Institute for Regenerative Medicine (WFIRM) Research institute focused on regenerative medicine, tissue engineering, and cell-based therapies, conducting world-leading research in bioengineered organs, 3D bioprinting, and stem cell therapies.
- Comprehensive Cancer Center NCI-designated cancer research center providing translational oncology research and a translational oncology training program, with research in cancer biology, treatment, and prevention.
- Sticht Center for Healthy Aging and Alzheimer's Prevention Research center focused on preventing dementia, cognitive and physical impairment, and disability in older adults, with studies on nutritional influences and insulin-related cognition research.
- Center for Artificial Intelligence Research AI research center focused on healthcare innovation and precision medicine applications within the school's research enterprise.
- Wake Forest Innovations (Technology Transfer) Technology transfer and commercialization office that develops and licenses innovations from the School of Medicine's research, including management of patents and licensing agreements.
Companies that use Wake Forest University School of Medicine
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Wake Forest University School of Medicine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Wake Forest University School of Medicine partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and minor.
- Advocate Health / Atrium HealthflagshipStrategic partnership with Advocate Health's Atrium Health for the development of The Pearl innovation district in Charlotte, NC. The $1 billion+ project includes a second campus of Wake Forest University School of Medicine, IRCAD North American headquarters for surgical training, and lab space for medical technology companies. Expected to create over 5,500 on-site jobs and 11,500 total jobs in the Charlotte region.
- Wexford Science & TechnologycoreDevelopment partner for The Pearl innovation district, a $1 billion+ science and technology development partnership with Advocate Health/Atrium Health to create an innovation district featuring Wake Forest University School of Medicine's second campus.
- University of Colorado Anschutz Medical CampusminorCollaborative research partnership through the DEFINE T2D consortium. Wake Forest University School of Medicine serves as a study site for the $7 million five-year federal award from NIDDK establishing a Biostatistics Research Center to develop precision medicine approaches for Type 2 diabetes.
- IRCADcoreInternational surgical training institute establishing its North American headquarters at The Pearl innovation district in Charlotte, part of the Wake Forest University School of Medicine campus development.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Wake Forest University School of Medicine competitors and assessment
Company assessmentDirect peers
- University of North Carolina School of Medicine: Public medical school and academic medical center in Chapel Hill with extensive NIH research funding, NCI-designated cancer center (UNC Lineberger), and integrated hospital system. Comparable as the state's primary public medical school and a leading academic research institution in the Southeast.
- Emory University School of Medicine: Private academic medical center in Atlanta with major NIH research portfolio, NCI-designated Winship Cancer Institute, and integrated Emory Healthcare system. Comparable in private university affiliation, research funding scale, and Southeast geography.
- Vanderbilt University School of Medicine: Private academic medical center with top-tier NIH research funding, NCI-designated Vanderbilt-Ingram Cancer Center, and integrated Vanderbilt University Medical Center. Comparable as a leading private research medical school with strong biomedical graduate programs.
- University of Virginia School of Medicine: Public academic medical center with strong NIH-funded research portfolio and integrated UVA Health system. Comparable as a Mid-Atlantic research medical school with similar mid-tier NIH funding scale and biomedical graduate training programs.
- Duke University School of Medicine: Private research-oriented medical school in North Carolina with NIH-funded research enterprise, NCI-designated cancer center, and integrated health system (Duke University Health System). Directly comparable in geographic market, academic medical center structure, and research funding scale.
Broad incumbents
- Cedars-Sinai Medical Center: Large nonprofit academic medical center with extensive biomedical research enterprise, including regenerative medicine and translational research programs. Comparable as a leading private academic medical center combining clinical delivery, research, and graduate medical education.
- Mayo Clinic Alix School of Medicine: Top-ranked private medical school within a large integrated health system with elite NIH funding and NCI-designated cancer center. Comparable as a leading academic medical center with strong research orientation and clinical system integration, though at materially higher scale.
- Atrium Health (Wake Forest Baptist clinical network): The integrated health system component of Advocate Health that provides the clinical training environment for Wake Forest School of Medicine. Comparable as the broader parent network and the operational partner for Atrium Health Wake Forest Baptist clinical care delivery.
Regional players
- Houston Methodist Research Institute: Texas-based academic medical center with significant NIH-funded research and integrated hospital network. Comparable as a large regional academic medical center combining clinical care and research, though operating in a different geography than Wake Forest.
Emerging players
- IRCAD: International surgical training institute establishing its North American headquarters at The Pearl in Charlotte as a direct partner of Wake Forest. Comparable as a strategic collaboration partner bringing minimally invasive surgical training capability to the Wake Forest campus expansion.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Wake Forest University School of Medicine social profiles
Digital presenceWake Forest University School of Medicine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wake Forest University School of Medicine leadership team
Management profileNumber of profiles
Profiles8 records
Wake Forest University School of Medicine subsidiaries and ownership
Company hierarchySubsidiaries17 records
Wake Forest University School of Medicine funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
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Wake Forest University School of Medicine M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about Wake Forest University School of Medicine
What does Wake Forest University School of Medicine do?
Wake Forest University School of Medicine is an academic medical center that delivers medical education, biomedical research, and clinical care. It offers MD, PA, nursing, and biomedical graduate degree programs to nearly 1,900 students and fellows, conducts over $400 million in annual extramural research across multiple NIH-funded institutes and centers, and provides patient care through the Atrium Health Wake Forest Baptist hospital network including a NCI-designated Comprehensive Cancer Center and Brenner Children's Hospital.
Is Wake Forest University School of Medicine a public or private company?
Wake Forest University School of Medicine is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Wake Forest University School of Medicine founded?
Wake Forest University School of Medicine was founded in 1902. It employs 5,001 to 10,000 people.
Where is Wake Forest University School of Medicine based?
Wake Forest University School of Medicine is headquartered in Winston Salem, United States, in the North America region.
How does Wake Forest University School of Medicine make money?
Four revenue lines are on record. Medical Education Tuition is the primary driver. The others are healthcare Services, research Grants and Extramural Funding and technology Licensing.
Who are Wake Forest University School of Medicine's main competitors?
Direct peers on record are University of North Carolina School of Medicine, Emory University School of Medicine, Vanderbilt University School of Medicine, University of Virginia School of Medicine and Duke University School of Medicine. Broad incumbents are Cedars-Sinai Medical Center, Mayo Clinic Alix School of Medicine and Atrium Health (Wake Forest Baptist clinical network). Houston Methodist Research Institute is listed as a regional player. IRCAD is listed as an emerging player.
Does Wake Forest University School of Medicine have an API?
No public API is recorded for Wake Forest University School of Medicine.
What industry is Wake Forest University School of Medicine in?
Wake Forest University School of Medicine's product category is Academic Medical Center. Its primary akta.pro industry code is EDAHAGAA, Academic Medical Centers & Teaching Hospitals (University-Affiliated), with a secondary code of EDAHABAC, Health & Biomedical Research Universities (Academic Medical Center–Affiliated). Its NAICS code is 6113 and its SIC code is 8200.