AMOpportunities Closes its Series A at $5.4 Million

AMOpportunities, the Chicago-based pioneer of Clinical Training as a Service (CTaaS) announced today that it has closed its Series A round a t $5.4 million. The round was led by OCA Ventures and co-led by HealthX Ventures (Madison, WI). Other investors include: PACE Healthcare, Chicago Early Growth Ventures, University of Chicago, Dreamit Ventures, and Wildcat LLC.

The company defines “clinical-training-as-a-service" as a platform that delivers clinical education sustainably for students, schools, and clinical sites such as hospitals.

All future doctors need clinical training to graduate and enter the healthcare workforce. Due to staffing issues and overburdened administrators, hospitals are often unable to easily support this need for hands on clinical training.

The world is predicted to be short 18 million healthcare workers by 2030, according to WHO. COVID-19 has exacerbated the problem and demonstrated what a future shortage could look like.

It’s clear a solution is needed. AMO is helping solve this serious problem by connecting hospitals, medical students, and medical schools on one easy-to-use CTaaS platform.
For medical schools, this means AMO helps increase enrollment capacity by connecting their students with hands-on clinical training opportunities. For hospitals, this provides increased medical talent and revenue, providing each hospital with up to $1.5 million a year in incremental revenue.

“AMO successfully navigated COVID-19, ending with a growth year due to exponential increases in demand from schools, hospitals, and students that will only continue in the coming years,” says Kyle Swinsky, CEO, AMOpportunities.

Through 2021, AMOpportunities will expand further into clinical training for nursing students.
“AMOpportunities is on their way to solving the impending healthcare shortage and fulfilling their mission of providing critical hands-on clinical learning opportunities for medical professionals,” says Bob Saunders, general partner, OCA Ventures.

AMOpportunities
444 N Wells St, Ste 601
Chicago, IL, 60654

Contact Info:
312.821.9020
advisors@amopportunities.org
www.amopportunities.org

Press Contact:
Brittany Trevick
AMOpportunities
612.743.2046
brittany@amopportunities.org

About AMOpportunities, Inc.
AMOpportunities, Inc., is a Chicago-based company that manages clinical training for schools, hospitals, and students globally. The company’s end-to-end software solution has provided more than 3,000 students rotations at 250-plus clinical sites. They count Kaplan Medical and AMSA as partners as well as institutions such as University of Miami, UChicago Medicine, MedStar Georgetown University Hospital, Florida International University, and UI Health. More information at www.amopportunities.org

This release was published on openPR.