Building on our successful model of community oriented medical education, we plan to bundle the live skills courses with 100 to 250 hours of web-based and mobile friendly content to provide a continuous medical education (CME) platform to our clients. This proprietary material has been made available through a health industry partner, the Challenger Corporation, who own the largest online database of CME related content in the United States. While there is a significant amount of content, it is only in English, and through our agreement with Challenger, it is PACE’s responsibility to translate and repackage and adapt the material into Spanish.
Nonetheless this partnership with Challenger will provide us the opportunity to scale and act as a multiplier through online mediums, including mobile applications. Our exclusive contract to develop Spanish language materials from their question-case bank of 30,000 questions and 20,000 images includes the following content: The Specialty Board Preparation Exams for Family Medicine, Emergency Medicine, Pediatric Emergency Medicine, Internal Medicine, Pediatrics, Obstetrics and Gynecology, and General Surgery. It also has 25 other ¨short courses¨ over the full range of medicine including EKG interpretations, X ray interpretation, Dermatology, and Toxicology, just to name a few. All of them have CME credit associated with the activity, and even though that in itself has no curricular value in Latin America, because of our relationship with the UNI Medical School in Mexico, we can indeed provide university-medical school credit that will meet the academic and professional needs of Spanish health care providers.
An especially important course is the United States Medical Licensing Exam (USMLE). It is the exam that Foreign Medical Graduates take if they want to practice in the US and attend US specialty residency training programs. The US graduates about 20,000 physicians for about 30,000 residency programs. All of those FMGs must take the USMLE (as do US Medical Students). Many more FMGs take the exam than those who actually pass. Candidates do take live and other preparation courses. This course is ¨off the shelf” and would not require translation or any special new platform. We would simply receive a commission and we would work out institutional pricing, to sell to the 100 or so medical schools in Mexico, before branching out to the rest of Latin America. This would be a natural lead in to our other knowledge and skills products.
All of the Challenger programs are divided into various modules with diagnostic pre tests and post-tests. The modules can be re-arranged to develop ¨customized ¨ material, tailored to fit the provider and Health Service Organizations and educators needs…such as the PACE program SKILLS courses. The advantage here is that health professionals are increasingly requiring the skills course certifications for work. The two-day workshop courses can now be augmented with Challenger ¨Knowledge Material¨ increasing their intrinsic value, providing an additional competitive advantage to PACE and which can also be a source of direct sales or other Challenger and PACE products. Eventually a full online Medical Institute can provide Masters Degrees and Certificates, and PACE is developing partnerships to distribute this level of service across Mexico and Latin America.