SCION TO EXAMINE FEASIBILITY OF MEDICAL STUDENT HOUSING AT COOPER UNIVERSITY HOSPITAL

CAMDEN, NJ. The Scion Group has been engaged by Cooper University Hospital to examine the feasibility of housing for medical students studying and working at the hospital, including students of the new Cooper Medical School. Scion will rely in part on its knowledge of the local market, having studied the Camden student housing market on three prior occasions. This engagement is Scion’s fourth in Camden in twelfth in New Jersey.

Scion will interview key stakeholders, administrators at similar medical institutions and future students of the Cooper Medical School of Rowan University, which will welcome its first class of students in 2012. The new medical school, to be located in Camden, will be the first four-year allopathic medical school in southern New Jersey and the first new medical school in the state in over 30 years. At its option, Cooper University Hospital may expand the study to include further exploration of specific financial feasibility and business-plan scenarios.

Cooper University Hospital is the leading provider of comprehensive health services, medical education and clinical research in southern New Jersey and the Delaware Valley. Founded in 1887, the hospital serves over 25,000 patients each year and currently employs approximately 700 physicians in 75 specialties, with training programs for medical students, residents, fellows, nurses and allied health professionals.

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