Medtech Orlando expanding, tripling local work force
Orlando Business Journal
Aug. 10, 2012
Atlanta-based Medtech Colleges & Institutes Inc., which bought Camelot Healthcare Training Institute in March for an undisclosed amount, will expand the school’s footprint and triple its number of jobs in two months.
Medtech Orlando will move into 16,000 square feet of leased space at 2000 N. Alafaya Trail in October, after gutting the building “down to the studs” for a $1 million buildout, said Medtech President and CEO John Hopkins. “We’ve been trying to get into Florida, particularly Orlando, for quite a while.”
Orlando-based Baker Barrios is the architect, and Orlando-based Lamm & Co. Partners is the contractor.
Joshua Marinov, a vice president with Lamm, said the firm’s still looking for subcontractors, which he expects to hire within the next two weeks. Construction will take six weeks. “It’s an aggressive schedule.”
Medtech spokesman Jeff Bray said Camelot’s staff of 11, which included five full-time professors, a director of nursing and five support staff, likely will triple in the fall and may expand as enrollment grows. Medtech typically employs 75 to 175 employees at each campus.
Camelot was a 3-year-old, private, for-profit institution in Altamonte Springs with about 230 students enrolled.
Michael Fess, president of Orlando-based Equity Partners Inc. and owner of the Alafaya Corporate Center where Medtech is moving, said Medtech will be a good addition to nearby tenants, which include the University of Phoenix, Strayer University and Barry University, among others.
Those private schools tend to have night students, so Medtech — which primarily will have daytime students — will help other local businesses, such as restaurants. “It gives the retail components the traffic to draw from,” Fess said.
Medtech Orlando, which has 230 students, offers a licensed practical nursing program, as well as nursing assistant and home health aide certificate programs. Possible curriculum expansions include radiology, physical therapy, surgical and cardiovascular technician programs.
Medtech Orlando’s tuition wasn’t readily available, but the Fort Wayne, Ind., Medtech practical nursing program costs $16,040 in tuition and fees.
While LPN programs at public schools, such as Seminole State College, cost roughly $7,400 in in-state tuition and fees, those programs often have longer wait times to get enrolled.
There’s a growing need for licensed practical nurses nationwide.
There were 752,300 LPNs in the U.S. in 2010, according to the U.S. Bureau of Labor Statistics, with another 168,500 needed by 2020. U.S. nursing schools turned away 75,587 qualified applicants for nurse training programs due to a lack of faculty, clinical sites, classroom space, clinical preceptors and budget constraints, according to Washington, D.C.-based American Association of Colleges of Nursing’s 2011-12 report.
In Florida, there were 109 LPN programs in 2010-11 with 8,981 students, up 39 percent from 6,454 students in 2008-09. During the same period, 4,581 LPNs graduated, a 17 percent increase.
What this means to you
• Subcontractor and vendor opportunities
• 22 new jobs this fall, with potential for another 142 eventually
• New degree offerings