Northeast Ohio Medical University

What Northeast Ohio Medical University does

Northeast Ohio Medical University (NEOMED) is a public state university founded in 1973 in Rootstown, Ohio, operating as one of Ohio's 14 state universities with a focused mission of addressing regional healthcare workforce shortages. It runs four colleges — Medicine (M.D.), Pharmacy (Pharm.D.), the newly launched Bitonte College of Dentistry (D.D.S., inaugural class 2025), and Graduate Studies (Ph.D., M.S., M.P.H., certificates) — and enrolled students across these programs graduated 306 students in May 2026, including 164 M.D.s and 58 Pharm.D.s. The university is structured around interprofessional education, high-stakes outcomes (98% M.D. match rate, 96% USMLE Step 1 first-attempt pass rate, 91.1% NAPLEX pass rate), and translational research in diabetes, heart disease, neurodegeneration, hearing, and pharmacogenomics-enabled precision medicine.

The core technology and platform assets include pharmacogenomics research infrastructure aimed at tailoring drug selection and dosage to patient genetics, a laboratory program exploring 3D printing and point-of-care medication manufacturing, and a registered REDIzone® brand supporting research commercialization through the NEOvations Bench to Bedside program. NEOMED also operates wholly-owned clinical subsidiaries — NEOMED Health Care, the NEOMED Free Clinic, and NEOvations Pharmacy Services — that anchor experiential training while generating patient-care revenue, and it maintains a Health Data Science and AI graduate program that supports an emerging AI-in-healthcare agenda.

The business model is tuition-and-appropriation driven: primary revenue comes from tuition and mandatory fees (e.g., 2025-26 first-year Pharm.D. tuition of $31,562 for Ohio residents and $44,895 for non-residents), supplemented by state appropriations, federal and private research grants, clinical services revenue, and philanthropic contributions (including a $500,000 McNair family gift to the dental college). Go-to-market is traditional academic admissions, augmented by partnerships with University Hospitals (AI in healthcare, maternal/child health, VITALS speaker series), Kent State University (joint biomedical sciences programs), and the Cleveland Foundation (Cleveland Innovation Hub at the MidTown Collaboration Center scheduled for summer 2026). Distribution is regional, centered on northeast Ohio clinical rotation sites and the new Cleveland hub, serving prospective health-professions students, practicing clinicians seeking continuing education, and—through affiliated clinical services—patients in the broader Rootstown-Cleveland corridor.

Name

Northeast Ohio Medical University

Legal name

Northeast Ohio Medical University

Website

https://neomed.edu

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Northeast Ohio Medical University (NEOMED) is a public state medical university in Rootstown, Ohio, operating four colleges — Medicine, Pharmacy, Dentistry, and Graduate Studies — that trains physicians, pharmacists, dentists, and researchers for Northeast Ohio through interprofessional education, clinical rotations, and translational research.

Ownership category

akta.pro rank

Product category

Health Professions Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113), Offices of Physicians (62111)

SIC

Services-Health Services (8000), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Medical Schools (MD/DO Granting) (EDAHAGAB)

akta.pro secondary industries

Academic Medical Centers & Teaching Hospitals (University-Affiliated) (EDAHAGAA), Biomedical Sciences & Medical Research Institutes (University-Based) (EDAHAGAI), Healthcare & Clinical Professional Development (CME/CE) (EDAGANAJ)

Keywords

• Health professions education
• Medical school education
• Pharmacy education
• Dental education
• Translational research

Headquarters

HQ city

Rootstown

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Tuition and Fees: NEOMED generates primary revenue from tuition and mandatory fees charged to students across its Doctor of Medicine, Doctor of Pharmacy, Doctor of Dental Surgery, and graduate degree programs. Tuition varies by residency status and program level.
2. Pharmacy Program Tuition: Annual first-year tuition for Doctor of Pharmacy program is $31,562 for Ohio residents and $44,895 for non-Ohio residents for 2025-26 academic year, representing significant tuition revenue stream.
3. Research Grants and Funding: University receives federal, state, and private research grants supporting its research mission in areas including diabetes, heart disease, neurodegenerative disease, hearing research, and other biomedical fields.
4. Clinical Services Revenue: NEOMED Health Care, NEOMED Free Clinic, and NEOvations Pharmacy Services generate revenue through patient care services provided by faculty and students.
5. Philanthropy and Donations: The university receives major philanthropic commitments including the $500,000 McNair family donation to the Bitonte College of Dentistry, supporting capital and program development.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Northeast Ohio Medical University is a public state university that delivers health professions education through four colleges—Medicine (M.D.), Pharmacy (Pharm.D.), the Bitonte College of Dentistry (D.D.S.), and Graduate Studies (Ph.D., master's, certificates)—along with associated clinical services, translational research, and innovation/commercialization programs. It recruits prospective students, charges tuition and fees, awards degrees, supports clinical training across regional partner sites, and operates clinical care outlets for the community.

Product overview

Northeast Ohio Medical University (NEOMED) is a health professions university with four colleges—Medicine, Pharmacy, Bitonte College of Dentistry, and Graduate Studies—offering Doctor of Medicine (M.D.), Doctor of Pharmacy (Pharm.D.), Doctor of Dental Surgery (D.D.S.), Ph.D., and master's degree programs. NEOMED also operates clinical service outlets including NEOMED Health Care, the NEOMED Free Clinic, and NEOvations Pharmacy Services. The university supports innovation through programs like NEOvations Bench to Bedside (medical innovation and entrepreneurship) and the VITALS speaker series. Student development is enhanced through a badging program recognizing specialized competencies in areas like rural medicine, urban primary care, medical Spanish, and research. A new Cleveland Healthcare Innovation Hub focuses on AI in healthcare and maternal/child health partnerships with University Hospitals.

Differentiator

Problem solved

Functional benefit

Brands

• Bitonte College of Dentistry: NEOMED's dental college offering Doctor of Dental Surgery (DDS) degree, established to address Ohio's dentist shortage
• NEOVations Bench to Bedside
• VITALS
• NEOMED Health Care
• NEOMED Free Clinic

Products and services

• Doctor of Medicine (M.D.) — College of Medicine Four-year Doctor of Medicine degree program training physicians with a curriculum integrating basic sciences, clinical skills, and community health. Students complete rotations at affiliated hospitals throughout northeast Ohio; the program reports a 98% residency match rate and 96% USMLE Step 1 first-attempt pass rate.
• Doctor of Pharmacy (Pharm.D.) — College of Pharmacy Four-year Doctor of Pharmacy degree program with experiential education at hundreds of clinical practice sites throughout northeast Ohio. Includes residency track opportunities, reports a 91.1% NAPLEX first-attempt pass rate and an 89% PGY-1 residency placement rate.
• Doctor of Dental Surgery (D.D.S.) — Bitonte College of Dentistry Doctor of Dental Surgery degree program with an innovative curriculum, new facilities and simulation labs, and community-based clinical training in rural and underserved areas. Inaugural class began summer 2025; a public dental clinic is scheduled to open in summer 2027.
• College of Graduate Studies degree and certificate programs Ph.D. programs, master's degrees, and graduate certificates including Basic and Translational Biomedicine, Biomedical Sciences, Health Data Science and AI, Health Innovation and Design, Health Systems Science, Medical Ethics and Humanities, Public Health, and specialized programs like Anesthesiologist Assistant and Certified Mental Health Assistant. Includes a partnership with Kent State University for Biomedical Sciences.
• NEOMED Health Care Faculty and student clinical practice providing patient care services through wholly owned clinical subsidiaries, accepting new patients and offering primary and specialty healthcare to the community.
• NEOMED Free Clinic Free clinic providing healthcare services to underserved populations, operated by NEOMED with care delivered by medical students under faculty supervision.
• NEOvations Pharmacy Services Pharmacy services offered through NEOMED's clinical operations, supporting clinical education and community health needs via medication management.
• NEOvations Bench to Bedside innovation program Medical innovation and entrepreneurship program providing a structured conduit for participants to bring innovative medical solutions from concept to commercialization; includes showcase events where teams present prototypes.
• Executive Education Executive education offerings provided through NEOMED for healthcare professionals and leaders, including programs hosted at the new Cleveland Healthcare Innovation Hub supporting workforce development and leadership training.
• Health Data Science and AI graduate program Graduate certificate and M.S. program that empowers clinicians, researchers, and aspiring data scientists to improve health outcomes through analytics and innovation, with advanced coursework and hands-on learning in collaboration with health systems and research institutes.

Quantifiable outcome

• 98% College of Medicine residency match rate
• +5 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• University HospitalscoreStrategic or Co-development Partner · 24 February 2026Strategic partnership focused on AI in healthcare and maternal health initiatives. Partnership supports workforce development, leadership training, and collaborative programs through NEOMED's new Cleveland innovation hub.
• The Cleveland FoundationcoreImplementation/ SI/ Consulting PartnerBuilt and owns the Midtown Collaboration Center (MCC) where NEOMED is establishing its Cleveland innovation hub. Provided the building infrastructure for NEOMED's healthcare innovation expansion.
• Vocon Partners LLCminorImplementation/ SI/ Consulting PartnerArchitecture and design firm providing architectural and design services for NEOMED's improvements at the Midtown Collaboration Center.
• Kent State UniversitycoreStrategic or Co-development PartnerPartnership for Biomedical Sciences Ph.D. and M.S. degree program, promoting research and education in biomedical disciplines including neuroscience, pharmacology, human evolution biology, and cellular/molecular biology.
• University Hospitals (VITALS Series)coreGTM or Marketing PartnerCollaboration presenting the monthly VITALS healthcare leadership speaker series featuring diverse range of experiences by innovative leaders in the medical sector from regional, national, and alumni networks.
• University HospitalscoreStrategic or Co-development PartnerOngoing collaboration in medical education, research, and clinical training with University Hospitals Health System, including residency programs and clinical rotation partnerships.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Michigan State University College of Human Medicine: Mid-size public medical school with a comparable community-based, rural-serving mission, state appropriations, and multi-campus model across Michigan.
• Ohio University Heritage College of Osteopathic Medicine: Ohio public osteopathic medical school with regional mission, state appropriations, multiple campuses across Ohio, and similar emphasis on rural and primary care physician supply.
• West Virginia University School of Medicine: Public medical school serving a similar rural-heavy Appalachian region with parallel state appropriations, focus on physician workforce supply, and multi-campus clinical training model.
• Wayne State University School of Medicine: Michigan public medical school with similar urban-serving mission, state funding model, and comparable student outcomes focus in a regional metropolitan market.
• University at Buffalo Jacobs School of Medicine and Biomedical Sciences: SUNY public medical school with comparable size, state-funded model, and regional workforce development mission in a similar mid-size U.S. metro area.
• Wright State University Boonshoft School of Medicine: Another Ohio public medical school serving a similar regional mission, with comparable student body size, state-appropriation funding model, and focus on primary care and underserved populations.
• University of Toledo College of Medicine and Life Sciences: Ohio public medical school with parallel structure (M.D., graduate, and health sciences programs), state funding model, and focus on regional healthcare workforce development in Ohio.

Broad incumbents

• University of Cincinnati College of Medicine: Larger and more research-intensive Ohio public medical school; comparable in mission and geography but broader in scope, larger faculty, and significantly larger research portfolio.
• University of Pittsburgh School of Medicine: Regional public medical school in Pennsylvania with similar size and mission, comparable state-supported model, and overlapping focus on translational research and regional workforce development.
• Case Western Reserve University School of Medicine: Ohio private research medical school affiliated with Cleveland Clinic and University Hospitals; comparable geography and overlapping clinical partners but substantially larger research funding and brand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NEOMED
• Xx.com/_NEOMED
• LinkedInlinkedin.com/company/northeast-ohio-medical-university

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors3 records

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Northeast Ohio Medical University