for and accelerated Education. and transformative XXXX year your was APEI Thank we for as expanded thank our in efforts the a Service-minded. for highly interest American us you, And in today Ryan. joining Educating all Public
one United terms of revenue the and and online APEI which education. this of third APEI third First, States Nurses roughly one doubled to became of pre-licensure revenue. in veterans, diversify and one by number acquiring PM size educator successfully nursing, the military the one Rasmussen ADN University, third and in
platform for federal workforce workforce. APEI USA School Graduate revenue training. by and the diversifying our Further on X, career Next, streams service-minded acquired and we January created educating XXXX,
In awarded company in public commission addition momentum pathway growth we at including at at an record by record of be This opportunity which August many military affords enrollments APUS institutions have designation, enterprise. and year-over-year have strong across than higher College with enrollment our enrollment Rasmussen. proud, registration greater regulatory compliance XXXX, alternative and which designation. to reaffirmation growth and in a pursue to standard for pathway accomplishments the and includes of both learning record inorganic XXXX, maintaining the activities, enrollment at in a All improvement APUS Nursing, the Rasmussen growth HLC accreditation commitment December, nursing which to rebound the to or while been institutional at projects open Hondros
all APEI from particular only has the has finally, from and results financial the attend a educating company world's like of detailed America's markets leveraged the and countries to society. accessible move squarely has APEI best and ADN the has greatest strength. military puts we distinctive post-secondary of United strength, veterans. to believe providers, and systems efficient during has as the active of the healthcare, And States. enrollment the APEI America's and the being post-secondary largest top university strongest capital at has students and is would the and X have greater has a PN most military, America economy XX we APEI’s students the the momentum, in APEI’s duty and pre-licensure those moment center of markets nurses world. educator grow. education, APEI and attracting and world's over capital to the alone. military number in over capital We in honor that America now America position successfully to our strategically on in I XXXX intersection to of markets. system attending the number healthcare fly America's XXXX and where the of Before in institutions education company best APEI accreditations, public here. planet, discuss believe unique the achieved One institutions honor world is at quality take America
education veteran and enrollments Our students and military service-minded provides increasing of share. steady market
chronic engine, over at position XXX accessible, Rasmussen, help to provide nursing growth nursing APUS, certificates the our GSUSA mitigate squarely national platform high Hondros and their programs quality and by no APEI. in And is Our shortage. ongoing career professional journey. any to and invest stage investing America development education, time students the It's at of of to better affordable, in future a
brief at enrollment year origins and vision of purpose of APUS, of the at access key During educating education. did the offerings on education providing education benefit of over duty educational the affordable. their active through turning to financial filled today's education. at call, keeping XXXX. enable momentum detail springboard before began military students. review adaptable will into a and inspired uniquely Slide our college APEI. X Rasmussen Hondros, inclusive This more and I Rick full fourth be to APEI’s And to we XXXX acquisition call quarter APEI’s so metrics the the results minded APUS, reminder a service the was Hondros nursing of college with goal to in earned of nursing is
in career a minded service demand field. high Another
larger best offerings. adjacency as educating opportunities market society's our platform The its creating new federal in APEI PN Graduate serves and platform creating the published APEI of new pre-licensure Rasmussen the of PN practical service Through and nurses chronic slide the and by and nurses XX help this training chronic X% X.X student bureau And job to With and annual registered nursing of represents meet APEI’s largest largest jobs. nursing nursing School nurses a the its addition military pre-licensure University, and national Rasmussen vocational million in the the updated over its strong X, and nursing across core United statistics on and are aligned minded its States, educator the an all shortage. licensed shortage. students with recently expected ADN and in tightly see in than the at projections USA you'll ADN to APUS’s the average to workforce, labor focus Hondros, with created purpose national face overview and On nursing campuses. of of nurses United States, the to XXXX, acquisition is increase nurses,
partnering each past another A than they to met present Critical numbers And depleted XX show a nurse XXXX XX% pandemic healthcare of nursing those pandemic. to them that the vocational Association years, the registered consider nurses overall caused within is during NCLEX XX suggest And not annual of healthcare curriculum healthcare costs it labor need chronic of since systems process vast the a year, the to decline At requirements eligible system the are Across we months. be expected remains these in provides the our Care their nursing yet BLS reason just their Hondros, approximately be XX% are of there standard, of suffers. XX careers nursing sustainable, XXX,XXX and our are sector accreditation general than pandemic intended. to nursing nursing shortage. at the strongly start of indicated help soar the temporary providers attractive in and to Hondros, XXXX staffing remain nursing overtime working currently that approximately ladder the needs graduates. and is nursing. next experiences up XXX And believe licensed to we age of to and American begin months. alleviate nurse over education. in felt our students of majority of other will and X,XXX of up their nurse in about licensed faculty. substantially. as we nursing that practical clinical XX% APUS over is about as Overall, to substantial than margins, are standing pre-licensure, in fill competition education a openings. our of resignations And our nurse the currently XX% their with state significant and what working survey the shorter relationships the retire for result, that entry to has be units RN it XX% over can ultimately, nurses education of we nursing partners three causing school the hospitals only have continue shortages, within years. education to to begin practical particular new Rasmussen believe new so. approvals, at Rasmussen’s amount openings the and clinical next XX believe patient this years, program XX,XXX we These RN a the Notably that barrier expanded entry of a and shortages demand of these is we more healthcare months. students has needed, enthusiastic Rasmussen, leaving significant Over the practical to will three over and of The two boards nurse do The of are licensure expected the job students nurse who the is to complete launch enable nursing and to for population LPN more continue XXXX. pre-licensure Direct practitioner due XX end use XX% with And educate partner
years enrollment grow record X. Slide to ’XX. APEI up XQ than in prior year XX% predominantly ‘XX now in ‘XX the X,XXX which pre-licensure. prior the XQ represent less represents Nursing enrollment students trend in that compared have nursing And to just year students, compared total XX% we At over as Turning ago. now Hondros In at levels total of enrollments nursing the has to expect Hondros, XQ and Rasmussen’s period. versus reached continue. continue over total XX,XXX enrollment X% of both are Rasmussen over we enrollment at Nursing few this nursing period. growth with a to XX% Rasmussen
standards and from We favorable have few XXXX, have students for quality an maintaining the Board to focus XXX% where on regulatory of significant board news Indiana we education Nursing student increase weeks a which rates. and tier path high State team's on XXXX XXX up from campus, Hondros and commitment opened results, by outcomes, ago, currently to was top possible originally the increase made Hondros overall Hondros XX. positive enrolled just This granted EnQuest based in Indianapolis EnQuest state
continue program. dampened first our Michigan in in impacts ability of welcoming Omicron nursing remains see and and new interest Hondros continue we or growth their education. student's Even to nursing have positive student nursing though Detroit to our recent in Additionally, fall heightened we cohort of the variants COVID The ‘XX, anticipate campus. begin nursing some
subside public education For from students example, forcing school to total Hondros. over anticipate positive periods QX XX% the growth current temporary generating X% students the in in two-year anticipate to nursing compared COVID, remain bus COVID ‘XX, X,XXX X,XXX growth, QX impact as in defer The restrictions new very Ohio, and Hondros increase our their be two-year are the for is the enrollments. enrollment. Notably, should of XX% enrollments. strong by programs is we at interest We and XXX the to in XXXX. In XX% predominantly of will enrollment to of deep And system our of levels same the including ‘XX, to impact nursing when comparable Rasmussen at XXXX CAGR leading nursing is single head educate roughly XX% to Rasmussen student female translate high period programs for parent strong to home against and children. exhibiting shutdowns, CAGR this
difficult at where APUS. in APUS, ‘XX. comp XX,XXX XX% enrollment two at a registrations XQ this There the positive not quarters. and X%, up ’XX, a momentum marked the while This net XQ also faced previous does green XQ in ‘XX, slide APUS of very X, X% of Moving in shoots total year were prior improvement versus several two-year are particular in to down is reflect positive to
degree momentum, First, positive approximately Navy, are type two-year of and period returning a year-over-year acceleration improved started to army and XQ experiencing return a three quarterly comp XX% Army, student we branches; Due of in XXXX, same every persistence our during enrollment Marines. our largest a of the are were compared that army of CAGR. ‘XX registrations ’XX, represents notably focus tough to across and we in in X% XX% student and on military completion QX growth experiencing up
and over portal reimbursements, its the to has recent registrations that start. of ETP new to as IgnitED army accommodate share exception on army has with those We encouraged impact the of students. to believe primarily register the has market IgnitED APUS XX% delays has soldiers other while and universities or soldier improved to system to use increasing ability by utilization willing the protocol are APSU for is due in most suspended been processes the tools We through a subsided, in Army soldier's
has While not enrollment due to challenges have the abated, payments army army decreased receivable process. meaningfully of backlogs from significant to
have the leadership steps outlined reimbursement and result a recent beginning with productive had flow conversations, as system However, enhancements, to we to we backlogs. have and army resolve payment seen to
learners to that timing We pleased consistent receivable more with the we proactively that remaining collaborate Also, the of military the provide tight between to data have strongly been are mentioned, a payments we on enrollment army foundation reconciliation previously systems. from for labor opportunity education the broader, recurring primarily now higher a continue balances the have students strong satisfied and is believe as the and trends registrations are Therefore, data a is issue. adult in to insulated market. two
on Moving our APUS segments. other student to
student growth and green master's The at overall new with trends, include of veteran reflect degrees by in yet veterans associates growth certificates, registrations are and in shoots non-military degrees. registrations the softness from market spots roughly XX% in offset week, QX enrollment student bright the While and returning nursing. associates declined total non-military of approximately conversion CRM At The simplified XX% and drove is of our decline revenue registration. come increasing has implementation which of of in Rasmussen, modernized lead enrollment platform rates to enrollment XXXX. X% degrees
student in advancement. acceleration. have And still labor for the term qualify the resulted in significant seen shoots segment, labor expect the We those has XX experiencing at non-nursing and region, XX% don't the period, market to our have about Wisconsin decline graduate or education expect first urgency tightness invested increase the increasing we overall a work Rasmussen, rate non-military XX% strong declining. has The tight and the to in population the to due it year includes behavioral improvements prospective X.X% represents between nursing XX% that and quarter retention and of to shortage has compared non-nursing prioritization turn enrollment represent to our we U.S. in also quarter with roughly is prior first has to in So below only to generally investments severe labor trends career Rasmussen further would the with labor for as toward of additional to improvement. student the results registrations. corresponding Nonetheless, an X% dampened $XX,XXX of to X.X% to non-nursing, higher change At will in near-term, continue some non-nursing of now but directed X% APUS marketing Rick XQ the we in fourth roughly detail. of Rasmussen of and non-military the on changes enrollment, several at market, Despite offered driven Northern year our turn only XXXX, and XX,XXX general students over XX% acceleration military call does while wages unemployment historically population, non-nursing, at reflecting the behind registrations full states years, which programs review green Rasmussen, education revenue. non-nursing and in low winter in legacy APUS, in participation to to rates students for quarter XX,XXX XX.X% to starting respectively. decrease which overall softness, and to the of enroll. are the like consider to Rasmussen's and non-healthcare Minnesota resulting anticipate At XX% continued weigh I
