Royal Australasian College of Medical Administrators

What Royal Australasian College of Medical Administrators does

The Royal Australasian College of Medical Administrators (RACMA) is a specialist medical college that serves as the only recognised pathway to Fellowship in the Specialty of Medical Administration in Australia and New Zealand. Founded in 1967 and headquartered in Hawthorn East, Melbourne, RACMA accredits training, delivers specialist education, and maintains CPD programs for medical practitioners moving into healthcare leadership roles. The college holds AMC and MCNZ accreditation, both extended to 31 March 2029, and is governed by a Board with members across eight jurisdictions in Australia and New Zealand.

RACMA's core product portfolio centres on the Fellowship Training Program (FTP), restructured in 2025 into Foundation and Advanced phases with Workplace Based Assessments and five Masters-level core subjects. Supporting programs include Leadership for Clinicians (a pathway to Associate Fellowship, delivered as blended or fully online formats across 11 cohorts in 2026) and Management for Clinicians (a foundation program for clinicians entering management). The CPD Home Program is mandatory for maintenance of medical registration and is delivered via the MyRACMA portal, which integrates Azure AD single sign-on, Canvas LMS for course materials, and a 360-degree feedback survey aligned to RACMA's leadership competencies. Additional offerings include a peer-reviewed journal (Australasian Medical Leader), a Clinical Governance Program, Peer Support Group, and Training Post Accreditation services.

RACMA generates revenue through membership subscriptions (Fellows $575-$2,365 AUD annually depending on practising status), training program fees, CPD fees, and one-time program fees for Leadership and Management for Clinicians. The college sells primarily through direct engagement with medical practitioners, employer referrals from public and private healthcare organisations, and government health department channels. Distribution is supported by jurisdictional coordinators across eight geographies, an annual conference rotating through capital cities, and partnerships with other medical colleges (RACS), Indigenous medical associations (AIDA, Te ORA), and approved university Masters programs. RACMA is privately held, member-funded, and has no external private equity or venture capital ownership.

Name

Royal Australasian College of Medical Administrators

Legal name

Royal Australasian College of Medical Administrators

Website

https://racma.edu.au

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

501–1,000 employees

Short description

RACMA is the specialist medical college that serves as the only recognised pathway to Fellowship in Medical Administration in Australia and New Zealand, delivering accredited training, CPD, and leadership programs for medical practitioners in healthcare management roles.

Ownership category

akta.pro rank

Product category

Medical Professional Education and Healthcare Leadership Training

NAICS

Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro industry

PRIMARYEDAGANAJ

Healthcare & Clinical Professional Development (CME/CE)

Education/Educational Publishing & Learning Content/Professional Development & Training Materials

SECONDARYEDAAALAC

Healthcare Clinical Professions (CME/CE for Nurses, Allied Health, Pharmacy)

Education/Adult & Continuing Education/Professional Licensure & Continuing Professional Education (CE/CPE)

Keywords

• Medical administration training
• Specialist medical education
• Healthcare leadership training
• Continuing professional development
• Medical fellowship programs

Headquarters

HQ city

Hawthorn

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Membership Subscriptions: Annual membership fees for Fellows, Associate Fellows, Candidates, and Affiliates providing ongoing revenue stream and access to member services
2. Fellowship Training Program: Fees for the FTP including training fees, assessment fees, and examination fees for medical administrators in training
3. Leadership for Clinicians Program: Fee-based professional development program delivered in blended or fully online formats - $12,295 AUD (blended) or $9,250 AUD (online)
4. Management for Clinicians Program: Fee-based professional development workshops for health professionals - $1,850 AUD with discounts for Indigenous applicants and APA members
5. CPD Home Program: Continuing professional development program fees for medical practitioners using RACMA as their CPD home, mandatory for Fellows and Associate Fellows
6. SIMG Assessment Fees: Assessment fees for Specialist International Medical Graduates seeking specialist recognition in Medical Administration

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

RACMA is a specialist medical college providing education, training, and professional development for medical administrators across Australia and New Zealand. Its core offerings include the Fellowship Training Program (FTP) — the only recognised pathway to specialist registration in Medical Administration — alongside the Leadership for Clinicians and Management for Clinicians professional development programs, and an AMC/MCNZ-accredited CPD Home Program for practicing Fellows.

Product overview

RACMA is a specialist medical college providing medical leadership and management education, training, and professional development. The core product portfolio includes the Fellowship Training Program (FTP) as the primary pathway to specialist registration in Medical Administration, supplemented by the Leadership for Clinicians and Management for Clinicians programs for emerging leaders. The MyRACMA digital portal serves as the unified member platform integrating CPD tracking, invoice management, and online learning via Canvas LMS. Additional offerings include the 360° Feedback Survey, Peer Support Group Program, Clinical Governance Program, and Training Post Accreditation services. RACMA's CPD Home Program is accredited by AMC (Australia) and MCNZ (New Zealand) for continuing professional development.

Differentiator

Problem solved

Functional benefit

Products and services

• Fellowship Training Program (FTP) The primary specialist medical administration training program equipping aspiring Medical Leaders with knowledge and skills for medical leadership and management. Based on evidence-based education with eight domains of professional practice, five Masters-level core subjects, and is the only recognised pathway to specialist registration in Medical Administration in Australia and New Zealand.
• Leadership for Clinicians Program A RACMA Board-approved pathway to Associate Fellowship (AFRACMA) empowering clinician leaders with knowledge, skills, confidence and self-awareness to play central decision-making roles in healthcare. Delivered as blended ($12,295 AUD) or fully online ($9,250 AUD) over approximately 5 months, with 11 cohorts scheduled in 2026.
• Management for Clinicians Program A professional development workshop program for health professionals planning to work in leadership and management roles. Delivered fully online with four sessions covering communication, clinical governance, finance, and clinician-to-manager transition. Priced at $1,850 AUD with a 50% discount for Aboriginal, Torres Strait Islander, Māori and Pasifika applicants and a special rate for APA Members.
• Continuing Professional Development (CPD) Home Program AMC-accredited CPD home program in Australia and MCNZ-approved CPD provider offering 50-hour and 20-hour programs for Fellows, Associate Fellows, Candidates, and Affiliates to maintain medical registration. Includes monthly member webinars and access to online learning materials.
• Training Post Accreditation A formal accreditation service recognising healthcare organisations that meet AMC standards and RACMA criteria for training Candidates in the Fellowship Training Program. Used by public hospitals, private hospitals, and government health departments to host Medical Administration Registrar positions.

Named customers4 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

Integration3 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core, minor and supporting.

• Advancing Women in Healthcare Leadership (AWHL)coreStrategic or Co-development PartnerPartnership focused on influencing and advocating for evidence-based policy through strategic partnerships for equity in healthcare leadership. AWHL works to advance women in healthcare leadership positions.
• Hush FoundationminorStrategic or Co-development PartnerPartnership aimed at nurturing leadership across disciplines and improving workplace culture in healthcare settings.
• Royal Australasian College of Surgeons (RACS)coreStrategic or Co-development PartnerPartnership with RACS to enable leadership action to drive systems change and innovation, engaging with global perspectives and building recognised leadership capacity.
• Converge InternationalsupportingOthersEAP (Employee Assistance Program) provider - all RACMA Members may access Converge International services as part of their membership for health and wellbeing support.
• Australian Indigenous Doctors' Association (AIDA)coreStrategic or Co-development PartnerPartnership offering scholarships for Indigenous medical practitioners. RACMA has partnered with AIDA to offer a full scholarship covering Leadership for Clinicians program fees for one Indigenous Australian doctor.
• Te ORA (Māori Medical Practitioners Association)coreStrategic or Co-development PartnerPartnership offering scholarships for Māori medical practitioners. RACMA has partnered with Te ORA to offer a full scholarship covering Leadership for Clinicians program fees for one Māori doctor.
• Australian Medical Council (AMC)coreStrategic or Co-development PartnerAMC works with all 16 specialist medical colleges including RACMA to implement standardised approach to accreditation. AMC assesses whether education providers and their programs meet approved accreditation standards.
• Approved University Masters ProgramscoreStrategic or Co-development PartnerUniversities in Australia and Aotearoa New Zealand with RACMA-approved Masters programs that meet requirements of the Fellowship Training Program. Programs must include five core subjects: Evidence Informed Decision Making, Financial Management in Health, Health Care Systems, Health Law and Ethics, Leadership.
• Doctors' Health Services Limited (DrHS)supportingOthersSubsidiary of AMA providing Drs4Drs Support Service - available for doctors and medical students around Australia to access free, confidential telehealth mental health services every hour and day of the year.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Royal Australasian College of Physicians (RACP): Large ANZ specialist medical college providing Fellowship training, CPD home programs, and continuing education across multiple physician specialties. Operates the same AMC/MCNZ-regulated framework as RACMA and competes for the same pool of clinician time and CPD spend.
• Australasian College of Health Service Management (ACHSM): Health leadership and management college offering credentialing (Fellowship) and professional development programs to healthcare managers across ANZ. Direct overlap with RACMA's Management for Clinicians and Leadership for Clinicians products in the healthcare administration learning space.
• Australian and New Zealand College of Anaesthetists (ANZCA): ANZ specialist medical college with Fellowship training, CPD program, and member-based governance. Comparable in structure, accreditation footprint (AMC/MCNZ), and product mix of training + CPD + leadership development.
• Faculty of Medical Leadership and Management (FMLM): UK-based professional body for medical leadership and management, providing credentials, leadership development, and CPD to clinician leaders. Closest international functional peer to RACMA's Medical Administration specialty focus.
• Royal Australasian College of Surgeons (RACS): ANZ specialist medical college with an analogous structure: accredited training programs, Fellowship credentialing, CPD home services, and member-based governance. RACS is an explicit strategic partner of RACMA on leadership development, confirming close comparability in operating model.
• Royal College of Physicians of Edinburgh: UK-based medical college providing Fellowship, training, and CPD to physicians, with comparable member-subscription and accredited-program model. Useful international reference for how specialist colleges operate outside ANZ regulatory frameworks.
• Royal Australian College of General Practitioners (RACGP): Largest ANZ medical college delivering vocational GP training, CPD, and member services under AMC accreditation. Shares RACMA's member-subscription + training-fee revenue model and CPD home role, with a much larger scale providing a reference point for RACMA's growth ceiling.

Broad incumbents

• American College of Healthcare Executives (ACHE): Large US-based professional membership organisation for healthcare leaders offering Fellow (FACHE) credential, education, and CPD. Comparable business model (membership + credentialing + executive education) in healthcare leadership but operating at a much larger, US-centric scale.
• Australian Medical Association (AMA): Peak professional body representing Australian doctors, providing CPD, advocacy, and member services. Operates overlapping CPD home and policy advocacy functions with RACMA and shares access to the same clinician audience across ANZ.

Others

• Medical Board of Australia: National regulator responsible for medical registration standards in Australia, including requirements for specialist registration. RACMA's FTP and CPD accreditation flow through this regulator, making it a critical counterpart and constraint rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/racma.edu.au
• LinkedInlinkedin.com/company/racma

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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

Frequently asked questions about Royal Australasian College of Medical Administrators