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BoardVitals is a medical specialty board certification preparation firm which was founded in 2012, offering study material and question banks for physicians, medical students, and others in the health-care industry. The exam provides user feedback on how they compare their peers on a test and on specific questions. [1][2][3][4]
 | |
| Company type | Private |
|---|---|
| Industry | Medical Education |
| Founded | 2012 |
| Founder | Andrea Paul |
| Headquarters | |
Key people | Dan Lambert |
| Services | Test preparation and review |
BoardVitals is based in New York City and was the winner of the 2014 Gust Catapult NYC venture capital competition for start-ups in the area.[5]
Founding
editBoardVitals was founded by Andrea Paul and Dan Lambert in 2012. Paul is a graduate of Michigan State medical school, and a former resident at Yale medical school and Mt. Sinai Hospital. She stated that among her motivations for the company was the disorganization she experienced while studying for medical board exams. In an interview with Entrepreneur Magazine, she remembered when she “was preparing for boards, and was putting together things from other books and notes that were not up to date.”[6] She critiqued the lack of any standardized preparation or review and therefore sought to make a change. Dr. Paul left her Yale residency program to collaborate with several medical educators.[1][3][4][7]
She partnered with Harvard Business School graduate and software developer Dan Lambert in 2012 to head Board Vitals as its CEO. Lambert was formerly a co-founder and CTO at Pushpins, which was then acquired by Ebates in 2013.[1][3][7]
Business structure
editAfter its founding in 2012, Board Vitals has undergone several rounds of financing. In January 2014 it received a $500k seed investment from venture capital firms Rothenberg Ventures and Accelerator Blueprint Health.[2][4][8][9]
In February 2014, BoardVitals entered the Gust Catapult NYC startup contest sponsored by entrepreneur and investor David S. Rose. The contest created a platform for startups to pitch their business plan to a series of angel investors and venture capitalists. From over two hundred entries, Board Vitals was selected as the winner of the competition. It was then invited to spend three months in a Silicon Alley incubator under the tutelage of Rose. Eventually, Board Vitals drew the attention of several major investment groups.[5][10]
The client list includes Harvard medical school, Yale medical school, and Veterans Health Administration. In addition, it is in partnership with several medical publishers including McGraw-Hill, Wolters Kluwer Health, and Wiley Publishers.[1][9] The business model focuses on aggregating questions and answers from publishers, universities, and individually contributing physicians in a single location.
Test preparation
editIts board review programs are offered to individuals as well as medical schools, residency programs, teaching hospitals, and other medical facilities, both in the United States and abroad. It currently offers test reviews and questions for sixteen specialty fields:
- Cardiology
- Child Psychiatry
- Dermatology
- Echocardiography
- Emergency Medicine
- ENT
- Family Medicine
- Gastroenterology
- Internal Medicine
- Neurology
- OBGYN
- Pathology
- Pediatrics
- Podiatry
- Psychiatry
- Radiology
- Surgery[3][4]
Each exam and question offers user-feedback on their performance. It indicates where they stand in comparison to their peers, including data about what other users answered on a particular question. The statistics give users an accurate review of their performance in each section. Users can customize practice tests to suit their exact needs, with advanced statistics available to offer premier test review. Board Vitals has guaranteed that users will pass their board review.[1][3][4][6]
Paul has stated the company plans to expand to many more fields in the coming years.[7]
Reception
editPaul was named among the top ten disruptive women in healthcare startups.[11] Gust.com named Board Vitals as the 'Most Promising' startup in New York. The company has been featured in many business profiles by publications like CNN, Forbes, and Fox News.[1][3][12]
References
edit- ^ a b c d e f Fisher, Nicole (Oct 2, 2013). "Health IT Thrives With New Startup Companies". Forbes.
- ^ a b "BoardVitals.com Launches New Program to Assist with Medical Board Exams". ground report. Jan 21, 2014.
- ^ a b c d e f "Tips for Studying and Passing the Medical Board Exams". CNN. Feb 10, 2014.
- ^ a b c d e Baum, Stephanie (Jul 12, 2013). "Blueprint Health accelerator welcomes fourth class". Med City News.
- ^ a b Gersten, Lana (Feb 25, 2014). "Gust Names BoardVitals Winner of Startup Contest CATAPULT NYC". Startup Beat.
- ^ a b Maindiratta, Nitasha (Feb 7, 2014). "These 3 Startups Are Looking to Get the Health Industry in Tip-Top Shape". Entrepreneur.
- ^ a b c Kavilanz, Parija (Sep 18, 2013). "I ditched med school to start a business". CNN.
- ^ Heussner, Ki Mae (Jul 12, 2013). "Got revenue? Blueprint Health accelerator picks its most advanced class yet". GIGAOM.
- ^ a b "BoardVitals.com Raises Seed Funding". VC News Daily. Jan 22, 2014.
- ^ Furman, Phyllis (Feb 20, 2014). "Just what the doctor ordered: an NYC app that helps physicians study wins top prize in startup contest". New York Daily News.
- ^ "10 Disruptive Women-Led Life Science Startups Selected for Springboard Enterprises' 2014 Accelerator Class". Disruptive Women.
- ^ "Online Tool Helping Medical Students Prep For Exam". Fox News. Mar 27, 2014.