Pima Medical Institute is an employee-owned company in the healthcare industry headquartered in Tucson, Arizona. Pima Medical Institute, an accredited medical career college, is committed to providing quality education in healthcare professions. Founded in 1972, Pima Medical Institute is dedicated to preparing students for careers in the medical, dental, and veterinary fields. They offer a comprehensive range of programs, including certificates, associate degrees, bachelor's degrees, and master's degrees. Today, Pima Medical Institute remains as dedicated to student success as it was when the inaugural campus opened five decades ago. The primary objective is to equip students with the skills and knowledge necessary to excel in their chosen healthcare professions. The institute's faculty and staff are highly regarded in their respective fields and are devoted to providing hands-on, practical education that aligns with employers' expectations. In 2002, Pima Medical Institute became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). Pima Medical Institute's status as an employee-owned entity means that those who work a minimum of 1,000 hours per calendar year have a stake in the company and the opportunity to share in the benefits of capital ownership. The ESOP owns 56% of PMI shares, and these shares are distributed among eligible participants on an annual basis. The ESOP is fully funded by PMI, and the value of shares may fluctuate based on the company's yearly performance. An independent appraiser conducts an annual audit and appraisal of the ESOP, which is based on the estimated value of the company and its financial standing.