It was projected that the school would generate more than $30 million in economic activity annually in Paintsville and Johnson County.[2]
After failing the second site visit for accreditation from the Accreditation Council for Pharmacy Education (ACPE), rather than attempting to address issues noted by the ACPE and seeking a third (and final) site visit, the Board of Directors at Midway College terminated all faculty and staff and attempted to transfer the property to the University of Charleston, which already operated an accredited pharmacy school. The school in Paintsville would have operated as a branch location of the school of pharmacy based in Charleston, West Virginia had the transfer occurred.[6] The transfer did not occur because during due diligence, they found that the projected number of students was not realistic.[7]