1. Generate a needs assessment report that identifies the gaps that exist between the current conditions and the overarching goal of workforce expansion for the School of Medicine, including the Health Professions programs. The assessment will include the following, for each discipline: i. Estimate faculty size and financial support needed for the appropriate growth 1. Faculty Needs: Estimation of additional faculty required, considering teaching, clinical supervision, and research program requirements ensuring national competitiveness. ii. Essential educational program support (staff, technology, non-technical support, and other key resources) and other key peripheral program enhancements essential for expansion, 1. Student Support Services: Evaluation of the impact on student support services, including advising, mental health services, and career counseling. 2. Impact on Diversity and Inclusion: Analysis of how expansion could affect efforts to recruit and support a diverse student body. 3. Curricular Implications: Considerations for curriculum adjustments to maintain or enhance educational quality with a larger student body. 4. Research Investments: Needs for both recruitment/retention of faculty and to support training requirements with the expanded class size(s) of students and increased number of trainees. iii. Appropriate facilities to support personnel and learners, aligning with technology that is suitable for current curricular and training advances in medical education and versatile enough for the long term. 1. Detailed assessment of additional physical space required to support increased class size 2. Detailed assessment of the digital infrastructure required to support increased class size and updated curriculum and pedagogical methods 2. Develop a detailed, estimated cost model and identification of potential funding mechanisms a. Funding Models: Exploration of funding options for the expansion, including state support, tuition models, philanthropy, and grants. b. Based on the needs assessment report, develop a list of assumptions for cost drivers; review assumptions with leadership for their input and final approval c. Create a 10 year proforma model that utilizes the cost, revenue, subsidy (hospital) and other funding mechanisms to provide a gap analysis. i. Proforma should utilize the Association of American Medical Colleges (“AAMC”) salary benchmarks, UNM historical data, and market data to develop an estimated cost model for the workforce expansion goals based on the assumptions developed. ii. Should clearly outline current state and projected future state, as well as milestones essential to achieve desired outcome. d. Scan the UNM ecosystem to develop an initial high-level hypothesis on potential opportunities for revenue augmentation from various funding agencies (not limited to, but including federal, other agency and philanthropy), towards the workforce priorities
