Wolters Kluwer Well being accomplished its acquisition of Firecracker, a study-planning, studying utility utilized by 20 % of medical college students, the corporate introduced this week after making the preliminary plans on March 5.
Firecracker might be added to Wolters Kluwer Well being’s Studying, Analysis and Follow Group, the arm centered on high-quality medical training and practices beneath Lippincott, a world consultancy agency.
The platform leverages know-how and a data-driven method to bolster medical scholar training for high-level exams, just like the U.S. medical licensing examination. The platform, powered by an adaptive algorithm that personalizes studying and remediation to the scholar, solutions greater than 85 questions annually.[Also: AMA, Regenstrief launch EHR training platform for medical students]
The intention is to help continued content material retention and preparedness for medical college finals and certification exams. The acquisition, in keeping with Wolters Kluwer Well being CEO Diana Nole, will develop the corporate’s evidence-based choices.
Headquartered in Boston, Firecracker was based in 2009 and has 16 staff. Officers count on the acquisition will carry a return on invested capital inside three to 5 years of completion. Additional, they count on the acquisition to “have an immaterial affect on adjusted earnings.”
“Mixed with Lippincott premium content material and options, Firecracker enhances our place within the medical training market and helps us additional leverage machine studying and superior applied sciences to assist clinicians ship the very best quality care to sufferers,” Nole stated in an announcement.
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