
Ross University School of Veterinary Medicine is owned by Adtalem Global Education, Inc. (NYSE: ATGE), a publicly traded healthcare education company headquartered in Chicago, Illinois. Adtalem (then DeVry Education Group) acquired the school in 2003. The school was founded in 1982 in Basseterre, St. Kitts, and offers the Doctor of Veterinary Medicine (DVM) degree. It is accredited by the American Veterinary Medical Association (AVMA) Council on Education. Approximately 5,000 medical and veterinary students are enrolled across Adtalem's institutions.
Parent Company
Acquired
2003
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Ross University School of Veterinary Medicine | Covista (formerly Adtalem Global Education) | Wholly owned |
Ross University School of Veterinary Medicine was founded in 1982 in Basseterre, St. Kitts, in the Eastern Caribbean. The school was established as an offshore veterinary school offering the Doctor of Veterinary Medicine (DVM) degree to students who had not been admitted to veterinary schools in the United States or Canada. The US and Canadian veterinary school admissions process is highly competitive, with approximately 30 AVMA-accredited veterinary schools in the United States and 5 in Canada, with total annual enrollment capacity significantly smaller than the number of qualified applicants.
The school's curriculum was modeled on North American veterinary education standards, with the goal of preparing graduates to pass the North American Veterinary Licensing Examination (NAVLE) and practice veterinary medicine in the United States and Canada. Students complete preclinical training at the St. Kitts campus followed by clinical training at partner veterinary teaching hospitals in the United States.
Ross University School of Veterinary Medicine received accreditation from the AVMA Council on Education, the recognized accrediting body for veterinary education programs in the United States and Canada. AVMA accreditation is essential for graduates who wish to practice veterinary medicine in the United States, as most state veterinary licensing boards require graduation from an AVMA-accredited school.
In 2003, Adtalem Global Education (then operating as DeVry Education Group) acquired Ross University School of Veterinary Medicine. The acquisition provided Adtalem with an established offshore veterinary school with AVMA accreditation and a track record of producing licensed veterinarians.
In September 2017, Hurricane Maria struck the Caribbean region. The hurricane caused damage to the St. Kitts campus and disrupted operations. The school subsequently rebuilt and restored its campus facilities, unlike its sister medical school which relocated to Barbados.
Under Adtalem's ownership, Ross University School of Veterinary Medicine has continued to develop its curriculum, faculty, and facilities. The school has maintained its AVMA accreditation and continued to prepare graduates for veterinary licensure and practice in the United States, Canada, and other countries.
The school emphasizes small animal medicine in its curriculum, reflecting the predominance of companion animal (dog and cat) practice in the US veterinary market. Graduates practice in private small animal practices, emergency and specialty hospitals, academic institutions, government agencies, and research organizations.
What does Covista own?
Covista operates five accredited institutions: Chamberlain University, Walden University, Ross University School of Medicine, Ross University School of Veterinary Medicine, and American University of the Caribbean School of Medicine. Becker Professional Education operates as a professional certification division.
Is Covista publicly traded?
Yes, Covista is publicly traded on the New York Stock Exchange under the ticker symbol CVSA (formerly ATGE). The ticker changed on February 24, 2026. The company has been publicly traded since 1966 under various names.
Who founded Covista?
The company was founded in 1931 as DeVry Technical Institute by Herman A. DeVry. It was rebranded as Adtalem Global Education in 2017 and as Covista in February 2026.
Where is Covista headquartered?
Covista is headquartered in Chicago, Illinois. In 2025, the company moved to an 84,000-square-foot space in Willis Tower.
How many schools does Covista operate?
Covista operates five accredited institutions serving more than 100,000 students and 400,000 alumni across nursing, medicine, veterinary medicine, and graduate programs.
Who owns Covista?
Covista is publicly owned with shares traded on the NYSE under ticker CVSA. The company is owned by institutional investors, mutual funds, and individual shareholders.
What is Covista's revenue?
Covista reported FY2025 revenue of $1.79 billion, up 12.9% year over year, with adjusted EBITDA of $459.7 million and adjusted EPS of $6.67. Full-year FY2026 revenue guidance is approximately $2.07 billion.
Hurricane Maria Impact (2017): Hurricane Maria struck the Caribbean region in September 2017, causing damage to the St. Kitts campus. The hurricane disrupted preclinical education and required temporary relocation of students to alternative facilities. The school subsequently rebuilt and restored its campus, unlike its sister medical school which permanently relocated to Barbados.
Offshore Veterinary Education Scrutiny: Ross University has faced scrutiny from some veterinary professional organizations and state licensing boards regarding the quality of offshore veterinary education. These debates have centered on whether offshore schools can provide education equivalent to US-based institutions. AVMA accreditation has addressed many of these concerns.
For-Profit Education Criticism: As part of Adtalem, a for-profit education company, Ross University faces criticism typical of for-profit education institutions, including concerns about educational quality, student debt levels, and corporate profit motives in healthcare education.
Student Debt Concerns: Tuition costs at Ross University School of Veterinary Medicine are substantial. Combined with living expenses in St. Kitts and the US during clinical year, the total cost of the DVM program can result in significant student debt. This is a concern shared across veterinary education, where average debt levels for new veterinarians routinely exceed $150,000.
Natural Disaster Risk: The Caribbean location creates ongoing operational risk from hurricanes. Hurricane Maria's impact in 2017 demonstrated this vulnerability. The school's decision to remain in St. Kitts (rather than relocating like its sister medical school) means this risk persists.
Current Status: Ross University School of Veterinary Medicine continues to operate in St. Kitts under Adtalem ownership. The school maintains AVMA accreditation and continues to enroll students and prepare graduates for veterinary licensure.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Adtalem Global Education | Kingdom of the Netherlands | 1978 | Niche | United states | All Genders |
Market Positioning: Ross University School of Veterinary Medicine competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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