Oxford Medical Simulation secures €2.4 million to tackle the healthcare staff crisis with better training

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Summary

A July 2022 report by the UK’s parliamentary health and social care select committee found that the NHS is facing the “greatest workforce crisis in their history” and had nearly 100,000 advertised vacancies as of September 2021. Michael Wallace, CEO and co-founder of OMS: “We see this funding as an opportunity to supercharge our growth and rapidly increase the number of healthcare professionals around the world who have access to our training. These scenarios let learners train whenever they need to, practicing in virtual consultations, emergencies and procedures so they don’t risk their lives in the real world. Tim Mills, Managing Partner at ACF Investors: “Oxford Medical Simulation is providing state-of-the-art, immersive training which uses emerging VR and AR technology to tackle the global healthcare worker shortage head-on. Virtual simulation creates a better and more immersive training experience for learners, while at the same time freeing up very experienced senior nurses and doctors for important clinical and education leadership tasks.

$ Funding

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Amount $2.4M Total raised
Date October 27, 2022 Announcement date
Investors - Lead investors
Company https://oxfordmedicalsimulation.com/ Funded company

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