Penn State College of Medicine

What Penn State College of Medicine does

Penn State College of Medicine is a public academic medical center and constituent college of The Pennsylvania State University, located in Hershey, Pennsylvania. Founded in 1967, it operates medical education programs spanning MD, combined MD/PhD, MD/MPH, MD/MBA, Master's, PhD, Physician Assistant, and postdoctoral training, alongside residency and fellowship programs across multiple specialties. The institution serves medical students, residents, fellows, patients receiving care through the affiliated Penn State Health clinical network, and the broader Pennsylvania community via research and community health programs.

The college maintains specialized research centers including the Penn State Cancer Institute, the Center for Advancing Health Equity in Rural and Underserved Communities (CAHE-RUC), the Penn State Addiction Center for Translation, the Center for Research on Tobacco and Health, and a Center of Excellence in Tobacco Regulatory Science. Technology assets include the WeTrials AI patient engagement platform for pediatric oncology, interactive Health to Go smart vending machines dispensing free health resources across Pennsylvania communities, and experimental infrastructure such as the MRI Electronic Aerosol Delivery System used in tobacco research. Research collaborations span federal agencies (NIH, FDA, CDC) and academic partners including Harvard, MD Anderson, and George Washington University.

Revenue is generated through five streams: tuition and fees for educational programs, clinical services delivered via Penn State Health, sponsored research from federal and private grants, continuing education, and philanthropy including the THON fundraising platform. The institution is recognized as the nation's first medical school with a humanities department, Pennsylvania's only rural academic medical center, and the #1 NIH-funded research college within Penn State University. Pricing for educational programs follows Pennsylvania State University structures, while clinical services operate through standard insurance billing.

Name

Penn State College of Medicine

Legal name

Penn State College of Medicine

Website

https://med.psu.edu

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Penn State College of Medicine is a public academic medical center offering MD, PhD, PA, and residency programs, clinical care through Penn State Health, and federally-funded research centers in cancer, addiction, tobacco, and rural health equity, serving Pennsylvania's communities.

Ownership category

akta.pro rank

Product category

Medical Education and Academic Healthcare

NAICS

Colleges, Universities, and Professional Schools (6113), General Medical and Surgical Hospitals (6221), 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

Public Research Universities with Academic Medical Centers (AMCs) (EDAHAAAC), Biomedical Sciences & Medical Research Institutes (University-Based) (EDAHAGAI)

Keywords

• Medical education programs
• Graduate medical training
• Biomedical research services
• Rural health programs
• Academic healthcare services

Headquarters

HQ city

Hershey, pa

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Medical Education: Revenue from tuition and fees for MD, Master's, PhD, PA, and combined degree programs, as well as residencies and fellowships.
2. Clinical Care: Revenue generated through Penn State Health clinical settings providing patient care services.
3. Sponsored Research: Federal and private grants funding basic science, clinical, and translational research including NIH, FDA, CDC, and foundation grants.
4. Continuing Education: Professional development and continuing medical education programs for practicing healthcare providers.
5. Philanthropy: Donations and grants from individuals, corporations, and foundations supporting research, education, and community programs.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Penn State College of Medicine is a public academic medical center that trains physicians, scientists, and physician assistants through MD, Master's, PhD, PA, combined-degree, public health, postdoctoral, certificate, and continuing education programs, alongside graduate medical education residencies and fellowships. It conducts basic, translational, and clinical research through specialized centers (CAHE-RUC, Penn State Addiction Center for Translation, Center for Research on Tobacco and Health, Penn State Cancer Institute) and delivers clinical care through the affiliated Penn State Health system. Community-facing innovations include Health to Go smart vending machines, drone delivery of naloxone, and street medicine programs serving rural and underserved Pennsylvania populations.

Product overview

Penn State College of Medicine is an academic medical center offering a comprehensive portfolio of medical education programs (MD, Master's, PhD, PA, combined degrees, public health, postdoctoral training, certificates, and continuing education), graduate medical education (residencies and fellowships), clinical care services, and research. Research centers include CAHE-RUC (health equity), Penn State Addiction Center for Translation, Center for Research on Tobacco and Health, and Penn State Cancer Institute. Community health innovations include Health to Go smart vending machines, drone delivery for Naloxone, and street medicine program. Digital health offerings include WeTrials AI patient engagement platform.

Differentiator

Problem solved

Functional benefit

Brands

• Penn State Cancer Institute: Comprehensive cancer care center providing research, treatment, and patient care services.
• CAHE-RUC (Center for Advancing Health Equity in Rural and Underserved Communities)
• Penn State Addiction Center for Translation
• Center for Research on Tobacco and Health
• Health To Go
• Science in 60 Seconds

Products and services

• MD Program Four-year medical degree program training future physicians with clinical rotations and research opportunities; for prospective medical students.
• Master's Programs

Quantifiable outcome

• 100% MD student match rate to residency programs
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• University of Texas MD AndersoncoreStrategic or Co-development Partner · 1 January 2023Co-PI collaboration on TCORS 2023 project studying nicotine pouches in smokers.
• George Washington UniversitycoreStrategic or Co-development Partner · 1 January 2013Collaborating institution on TCORS 2013 project on switching to reduced nicotine content cigarettes.
• Harvard UniversitycoreStrategic or Co-development Partner · 1 January 2013Collaborating institution on TCORS 2013 project on reduced nicotine cigarettes in smokers with mood and anxiety disorders.
• UPMC Pinnacle FoundationcoreStrategic or Co-development PartnerPartnership for Health to Go vending machine in Harrisburg, providing funding and support for free health resource distribution.
• Dauphin CountycoreStrategic or Co-development PartnerPartner for Health to Go vending machines in Harrisburg and Millersburg, supporting county health initiatives.
• SOS BerkscoreStrategic or Co-development PartnerCommunity partner for Health to Go vending machine in Reading, supporting substance abuse and health programs.
• Council on Chemical Abuse (COCA)coreStrategic or Co-development PartnerPartner for Health to Go vending machine in Reading, addressing chemical abuse and health disparities.
• Millersburg Borough CouncilminorStrategic or Co-development PartnerLocal government partner for Health to Go vending machine in Millersburg.
• Collective Response Initiative York (CRIY)coreStrategic or Co-development PartnerCommunity partner for York Health to Go vending machine implementation.
• Asian Health CoalitioncoreStrategic or Co-development PartnerPartnership for health equity research and addressing health disparities in Asian American communities, including publications collaboration.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Harvard Medical School: Elite private medical school with the largest biomedical research enterprise in the U.S. and a network of affiliated teaching hospitals. Functions as a broad incumbent setting the bar for NIH funding capture, faculty prestige, and applicant selectivity that Penn State benchmarks against.
• Johns Hopkins University School of Medicine: Nation-leading research medical school with consistently top-ranked NIH funding and Johns Hopkins Medicine system. Represents a much larger incumbent competing for elite faculty, top-tier research grants, and high-prestige applicants that Penn State also targets.
• Columbia University Vagelos College of Physicians and Surgeons: Top-tier Ivy League medical school with extensive research portfolio and major academic medical center (NewYork-Presbyterian). Comparable as a broad incumbent in medical education, biomedical research, and clinical training that sets competitive benchmarks for Penn State.

Direct peers

• Drexel University College of Medicine: Pennsylvania-based private medical school offering MD and graduate programs with extensive clinical training partnerships. Comparable as a regional peer competing for medical students, research funding, and clinical training sites in the Philadelphia/PA market.
• Lewis Katz School of Medicine at Temple University: Pennsylvania-based medical school with strong urban health mission and significant research output. Comparable as a regional medical college focused on underserved populations and operating an affiliated safety-net health system (Temple Health).
• Geisinger Commonwealth School of Medicine: Pennsylvania-based medical school explicitly focused on rural and community-based medical education, with deep integration into the Geisinger Health System. Most directly comparable peer given overlapping rural health mission, community-based training model, and Pennsylvania footprint.
• University of Pittsburgh School of Medicine: Pennsylvania-based public medical school with similarly strong research output, NIH funding, and academic medical center (UPMC). Directly comparable as a state-affiliated research medical school operating an integrated health system and competing for the same faculty, students, and federal grants in Pennsylvania.
• Perelman School of Medicine at the University of Pennsylvania: Elivate Mid-Atlantic peer medical school offering MD, PhD, and combined degree programs with a top-tier research portfolio and AMC (Penn Medicine). Competes with Penn State for faculty recruitment, NIH funding, and high-caliber medical student applicants in the same regional labor market.
• Sidney Kimmel Medical College at Thomas Jefferson University: Pennsylvania-based private medical school offering MD and graduate programs with strong clinical training through Jefferson Health. Comparable as a Mid-Atlantic medical college competing for similar applicant pools and operating an integrated academic health system.

Regional players

• University of Maryland School of Medicine: Nearby Mid-Atlantic public medical school with similarly strong research portfolio and an integrated academic medical center (University of Maryland Medical System). Operates in an adjacent geography with overlapping faculty recruitment and NIH funding competition but does not directly serve Pennsylvania communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/pennsthershey
• YouTubeyoutube.com/@pennstatecollegeofmedicine
• Facebookfacebook.com/PennStateCollegeOfMedicine
• LinkedInlinkedin.com/school/penn-state-college-of-medicine
• Instagraminstagram.com/pennstatecollegeofmedicine

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries6 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 Penn State College of Medicine