Madison Industries has acquired Montreal-based CAE Healthcare, a technology company focused on medical simulation and training solutions.
CAE Healthcare’s comprehensive technology further expands Madison’s leading portfolio of medical solutions, according to the company.
“The global CAE Healthcare team could not be more excited to partner with Madison to expand the reach of our simulation technology” said Jeff Evans, President of CAE Healthcare. “This dedicated focus will allow us to progress simulation innovation and improve clinical outcomes with the most complete set of healthcare training tools available.”
CAE Healthcare empowers healthcare practitioners to perform at their best every day and when the stakes are the highest by providing integrated physical, digital and virtual simulation-based solutions that enhance medical outcomes.
“We are excited to welcome the hundreds of global team members at CAE Healthcare into the Madison family,” said Kris Howard, Madison Safety and Flow President and CEO. “The acquisition of the CAE Healthcare business will strengthen our portfolio as we continue to leverage the world-leading R&D talent in Quebec. The world continues to engage with digital and physical tools to enhance the teaching and training experience; CAE Healthcare is leading the way in improving the capacity and effectiveness of clinicians, nurses, first responders and healthcare professionals globally.”
“More than 2.6 million patients die every year from an adverse event while receiving hospital care.” said Larry Gies, Madison’s Founder and CEO. “CAE Healthcare’s simulation and training solutions have proven to lower that number to improve patient safety. It is a perfect fit for Madison’s mission to make the world safer, healthier and more productive.”
