Rice University has again topped a list of the best schools in the country. Photo courtesy of Rice University

Houston's Rice University continues to burnish its reputation in higher education.

A ranking released May 5 by QS Quacquarelli Symonds, a British company that specializes in higher education data, puts Rice at No. 23 among the top colleges and universities in the U.S. It's the highest-rated Texas school on the list.

Harvard University appears at No. 1 in the ranking, followed by Stanford University; the Massachusetts Institute of Technology (MIT); the University of California, Berkeley; and the University of California, Los Angeles (UCLA).

Elsewhere in Texas:

  • The University of Texas at Austin ranks 29th.
  • Texas A&M University in College Station ranks 64th.
  • The University of Houston ranks 66th.
  • The University of Texas at Dallas ranks 83rd.

To come up with its ranking, QS Quacquarelli Symonds looked at five factors for more than 350 colleges and universities around the country: employability, learning experience, diversity and internationalization, and research.

Here's how Rice fares in each of those categories:

  • Employability, No. 42.
  • Learning experience, No. 7.
  • Diversity and internationalization, tied for No. 32.
  • Research, No. 33.

Jack Moran, a spokesman for QS Quacquarelli Symonds, says that although the rankings "continue to command record levels of interest, we know that the American higher education sector is wrestling with questions that do not fall within the scope of our … rankings — questions of equity, access, representation, and social justice."

"The QS USA University Rankings have been carefully crafted to shine some independent light on which institutions are doing most to foster the essential relationship between education and social change," Moran adds.

More students soon will be able to take advantage of the top-rated education offered by Rice. In March, the private university announced it would expand the number of undergraduates by 20 percent by the fall of 2025. This would raise undergraduate enrollment to 4,800 and total enrollment to about 9,000.

"Rice's extraordinary applicant pool has grown dramatically despite the challenges posed by the pandemic," President David Leebron says in a news release.

Rice says the number of student applications has climbed 75 percent over the past four years. In 2020, the university received roughly 28 applications for every available slot. For the fall of 2021, almost 30,000 applicants flooded Rice, up 26 percent from the previous year.

Leebron says Rice's previous expansion of enrollment "greatly increased our national and international student applications, enrollment, and visibility. We also dramatically increased diversity on our campus, and we were able to extend the benefits of a Rice education to many more students."

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Houston startup raises $6M to scale home-based healthcare platform

fresh funding

As healthcare systems race to expand care beyond hospitals and into the home, investors are placing bigger bets on the infrastructure needed to make that shift possible.

This month, Rosarium Health announced it has raised $6 million in seed funding led by Kalos Ventures, with participation from ResilienceVC, Rock Health Capital, Symphonic Capital, Black Tech Nations Ventures and others.

The investment will help the Houston-based startup continue to build its platform, which features a national network of 800-plus clinicians and 3,000-plus contractors to coordinate home accessibility upgrades and modifications for seniors and people living with disabilities.

For founder and CEO Cameron Carter, the company’s mission grew out of firsthand caregiving experiences.

“From my own personal caregiving experiences, I realized that the benefits exist on paper, but not in reality,” Carter said in a news release. “Families are being left to figure out the paperwork and installations all on their own, which shouldn’t be how this works.”

While Medicare Advantage and Medicaid plans have expanded coverage for home-based services and accessibility modifications, the logistics behind delivering those services often remain fragmented.

Rosarium’s platform coordinates the entire process, from clinical assessments and referrals to contractor management, documentation, reimbursement and installation.

“A clinician can document that a home isn’t safe and a plan can approve a benefit, but there’s no one that’s responsible for making sure the work actually gets done,” Carter says. “We built the missing piece.”

The company was founded in 2021 as Rose Health and was a 2023 participant in the Texas Medical Center’s Accelerator for HealthTech program. It has scaled quickly, building a network of more than 800 clinicians and 3,000 contractors across 34 states.

Rosarium is currently in-network for 1.2 million Medicare and Medicaid lives, with projected coverage expected to reach nearly 4 million by the end of the year, according to the release.

“We’re excited to back Cameron because he and the team at Rosarium are building the infrastructure healthcare needs right now to make the home a safe and comfortable place of care,” Kate Ballinger, investor at Kalos Ventures, added in the release.

As part of the recent investment, Ballinger will join Rosarium’s board of directors.

With eyes on the future, Rosarium plans to grow its partnerships with Medicaid and Medicare Advantage plans, including CalViva and Community Health Plan of Imperial Valley, strengthening its presence in California while expanding access to underserved communities.

Additionally, Carter predicts that home-based healthcare will be part of a broader transformation happening across the industry.

“There’s a growing recognition that health outcomes are shaped by what happens in the home,” he said in the release. “The future of healthcare isn’t just treating people after something goes wrong. It’s creating environments that help prevent those problems in the first place.”

Houston business mogul Tilman Fertitta acquires Caesars in $17.6B deal

Money Moves

Houston billionaire Tilman Fertitta may currently be serving as America’s ambassador to Italy, but his company is as busy as ever. Fresh off its move to revive the Houston Comets WNBA franchise, his company, Fertitta Entertainment, has announced a $17.6 billion deal to acquire Caesars Entertainment, Inc.

Speculation about the deal has been circulating since at least March, according to various media reports. The deal combines Fertitta’s well-known Golden Nugget casino brand with all of the properties in the Caesars’ portfolio, including Las Vegas hotels Caesars Palace, Harrah's, Paris Las Vegas, Planet Hollywood, Horseshoe, The LINQ Hotel, Flamingo, and The Cromwell.

Overall, the combined company will include 60 domestic casino resorts and gaming facilities; online gaming including sports betting, iCasino, and Caesar’s online poker platform; retail sports betting at over 200 third-party locations through the William Hill brand; and over 550 Fertitta Entertainment outlets, including more than 450 Landry's full-service restaurants across America. The companies will combine their loyalty programs, Caesars Rewards, Golden Nugget's 24 Karat Select Club, and Landry's Select Club.

The terms will see Caesars’ shareholders receive $31 per share. Fertitta Entertainment will also acquire approximately $11.9 billion of Caesars' outstanding debt.

The transaction will be financed through a combination of equity contributed by Fertitta Entertainment, assumed Caesars' debt, and new committed debt financing arranged by a group consisting of 10 banks. It is subject to approval by Caesars’ shareholders and government regulators.

Fertitta Entertainment is the Houston-based company behind a diverse array of hospitality businesses, including The Golden Nugget, The Post Oak Hotel, River Oaks District, the Kemah Boardwalk, and Houston’s Downtown Aquarium.

It also operates a number of prominent restaurant brands, including Mastro's Restaurants, Del Frisco's Double Eagle Steakhouse, Morton's The Steakhouse, The Palm, McCormick & Schmick's, Landry's Seafood House, The Oceanaire Seafood Room, and Saltgrass Steak House.

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This article first appeared on CultureMap.com.