April 30, 2016 5:34 PM ET

Health Care Technology

Company Overview of CAE Healthcare, Inc.

Company Overview

CAE Healthcare, Inc. develops learning tools and simulation solutions for healthcare education. The company provides simulation solutions comprising imaging solutions, such as VIMEDIX ultrasound simulator and ICCU Imaging e-learning curriculum; and surgical and interventional procedures solutions that include laparoscopy simulator, endoscopy simulator, and endovascular simulator. It also offers CAE Owl, a center management system designed to simplify the logistics behind managing complex simulation, assessment, recording, and debriefing activities, as well as related modules that offer capabilities to playback recordings, assess activities live or remotely, back-up data, archive, report, sch...

3200 Guenette

Saint-Laurent, QC H4S 2G5

Canada

Founded in 2009

Phone:

514-567-5271

Fax:

514-341-7699

Key Executives for CAE Healthcare, Inc.

Chief Executive Officer of CAE and President of CAE
Age: 54
Compensation as of Fiscal Year 2015.

CAE Healthcare, Inc. Key Developments

American Society of Anesthesiologists and CAE Healthcare Announce Collaborative Agreement to Create Screen Based Simulation Product

The American Society of Anesthesiologists (ASA) and CAE Healthcare announced a collaborative agreement to design and develop an interactive screen-based simulation product that will allow ASA members and other interested learners to supplement their continuing medical education (CME) and improve their management performance during anesthetic emergencies. The ASA screen-based simulation product will allow flexible, asynchronous, self-paced and just-in-time training. Users will interact with simulated patients, surgeons and equipment within 3D virtual clinical settings, including the operating room (OR) and post anesthesia care unit (PACU), progressing through medical scenarios at their own pace, on their own time and in a setting of their choosing. Historical data has shown the need for improved training for management of anesthetic emergencies. The ASA identified that more active learning modalities, like interactive screen-based simulation, are desirable for CME. In order to advance its mission, ASA selected CAE Healthcare and SimTabs to be their educational partners and deliver the benefits of accessible and engaging simulation-based anesthesia education in a virtual online environment. The ASA screen-based simulation product will include five medical scenarios with realistic medical diagnostic and monitoring equipment, medical instruments and virtual patients with varied symptoms and conditions receiving various medications, who will respond to the actions learners take. The product will monitor and record member progress and performance throughout the scenarios. Performance feedback will be made available to individual users at either the completion of the scenario or at critical times during the scenario should that option be selected. ASA and CAE Healthcare will collaborate with ASA physician leaders, education directors and subject-matter experts to ensure that the product effectively aligns with ASA's requirements for screen-based simulation. The product will be available for purchase through ASA with a projected launch date of January 2017.

CAE Healthcare Launches Neurosurgery Simulator in Partnership with the National Research Council of Canada

CAE Healthcare announced the launch of NeuroVR™, a neurosurgery simulator that offers the world's most realistic training environment for open cranial and endoscopic brain surgery procedures. Developed by the National Research Council of Canada (NRC) in collaboration with clinicians from teaching hospitals in Canada, the U.S., Europe and Asia, the simulator is currently in use at 15 sites and has been validated in published clinical studies. NeuroVR currently includes 37 training modules covering instrument handling, endoscopy for cranial procedures and fundamental skills such as tumor resection, tumor debulking and hemostasis. The simulator allows a learner to practise neurosurgery and provides realistic visual and tactile feedback for different types of tissues. Through licensing and development agreements, CAE Healthcare has been granted exclusive rights by NRC to sell and distribute the simulator, and will collaborate with NRC to develop additional training modules within the neurosurgery field. The National Research Council initiated the NeuroTouch™ - now known as NeuroVR - research project in collaboration with teaching hospitals throughout Canada in 2008, including founding members McGill University Health Centre and the University of Toronto Health Network. Designed for safe practice of low-frequency, high-risk surgeries, NeuroVR also captures performance metrics, and could provide a reliable assessment tool for neurosurgical skills including the safety, quality and efficiency of open cranial and endoscopic procedures.

CAE Healthcare Expands Distributor Agreement with Strategic Operations for Medical Simulation Trauma Surgical Suits

CAE Healthcare announced that it now has secured the rights to distribute the Strategic Operations (STOPS) Surgical Cut Suit and other simulation training products in the United States. Following the announcement in September that the company had gained worldwide distribution rights outside the U.S., the two companies expanded their partnership to give CAE Healthcare distribution rights for U.S. civilian training centers and for U.S. military customers. Designed for point-of-injury care, the Surgical Cut Suit and Emergency Medical Services/Tactical Combat Casualty Care (EMS/TCCC) Cut Suit vest can be worn by an actor or zipped around a manikin to simulate traumatic, life-threatening injuries. The Cut Suits allow first responders and physicians to practice performing surgical and emergency procedures in real time.

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