Elevate Healthcare

What Elevate Healthcare does

Elevate Healthcare, Inc. is a privately-held healthcare simulation technology company headquartered in Sarasota, Florida, with an EU subsidiary in Veszprém, Hungary. Formerly known as CAE Healthcare, Inc., the company rebranded in 2024 and provides an integrated portfolio of patient simulators (Evo, Juno, Ares, Aria, Lucina, HPS, Luna), ultrasound simulators (Blue Phantom, Vimedix), procedure-specific task trainers, and the LearningSpace simulation center management software platform. The LearningSpace platform integrates AI-powered capabilities including the Ehli evaluation scoring assistant and the OEQS Assistant, which generates suggested answers for open-ended questionnaire items using Microsoft Azure cloud services.

The company serves three primary customer segments: nursing education programs, hospitals and healthcare systems, and emergency medical services. Its value proposition centers on clinician-designed simulators with physiological accuracy, hand-assembled manufacturing in Sarasota, FL, and a complete ecosystem intended to bridge the gap between theoretical learning and clinical practice. Quantitative outcomes cited include a reduction in medical errors of up to 50% and a return of up to $6 in cost savings for every dollar invested in simulation training.

Elevate Healthcare generates revenue through a mixed model: one-time hardware sales of simulators and accessories (with consumer-priced accessories ranging from $260 to $10,991), recurring LearningSpace software subscriptions and support agreements billed annually, professional services through the Elevate Learning Institute, and financing options for enterprise procurement. Go-to-market is primarily direct enterprise field sales with a dedicated Account Management team, supplemented by a SimPort customer portal, virtual product demos, and an e-commerce storefront. The company operates globally with multilingual support in English, French, and German, and standard terms include a 30-day lead time and a $500 minimum order. Revenue, headcount, ownership structure, and named customer accounts are not publicly disclosed.

Name

Elevate Healthcare

Legal name

Elevate Healthcare, Inc.

Website

https://elevatehealth.net

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Elevate Healthcare is a privately-held healthcare simulation technology company, formerly CAE Healthcare, that provides patient simulators, ultrasound simulators, and AI-powered LearningSpace software to nursing education programs, hospitals, and emergency medical services across global markets.

Ownership category

akta.pro rank

Product category

Healthcare Simulation Technology

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Educational Support Services (611710)

SIC

Surgical & Medical Instruments & Apparatus (3841), Services-Prepackaged Software (7372)

akta.pro primary industry

Healthcare & Clinical Simulation (Surgery, Nursing, EMT, Patient Interaction) (EDAFAJAC)

akta.pro secondary industries

EMS Education, Training & Simulation Centers (HLAFANAL), Assessment-Integrated eLearning & Practice Modules (EDAGAEAE)

Keywords

• Healthcare simulation solutions
• Patient simulator manufacturing
• Ultrasound simulation training
• Simulation center management software
• Medical education technology

Headquarters

HQ city

Sarasota

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Hardware Sales (Patient Simulators, Ultrasound Simulators, Task Trainers): Sale of physical simulation products including patient simulators (Evo, Juno, Ares, Aria, Lucina, HPS, Luna), ultrasound simulators (Blue Phantom, Vimedix), and procedure-specific task trainers. Products are available for online purchase through the company's e-commerce store.
2. Software Subscriptions & Licenses (LearningSpace): LearningSpace simulation center management software is sold as a platform license, with cloud-based storage and support services. Annual Support and Maintenance Agreements provide updates, technical support, and optional preventative maintenance visits.
3. Support and Maintenance Agreements: Customers can purchase Support and Maintenance plans at various levels post-initial warranty. Plans include technical support, software updates, and optional onsite preventative maintenance visits. Extended warranty options are available.
4. Professional Services (Training & Consulting): Expert-led training through the Elevate Learning Institute, including on-site training, in-house training at Elevate facilities, and virtual training. Custom Industry Solutions are also offered for bespoke requirements.
5. Financing Services: Elevate Healthcare offers financing options for customers to purchase simulation products, facilitating enterprise procurement.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Elevate Healthcare manufactures and sells high-fidelity patient simulators (Evo, Aria, Lucina, HPS Adult, Ares, Juno, Luna) and ultrasound simulation systems (Blue Phantom, Vimedix) used by nursing schools, hospitals, and emergency services for clinical skills training. The company provides the LearningSpace software platform for simulation center scheduling, debriefing, and AI-assisted learner assessment, including the Ehli AI assistant for evaluation scoring. Complementing the hardware and software, Elevate offers task trainers and accessories (SimEquip, Medicor), expert-led training through the Elevate Learning Institute, support and maintenance agreements, financing services, and custom industry solutions.

Product overview

Elevate Healthcare provides a unified healthcare simulation ecosystem encompassing patient simulators, simulation management software, and training services. The core product portfolio includes modular patient manikins (Evo, Aria, Lucina, HPS Adult, Ares, Juno, Luna) and ultrasound simulators (Blue Phantom, Vimedix), supported by the LearningSpace platform for center management and AI-powered assessment. The LearningSpace platform integrates the Ehli AI assistant for automated evaluation scoring, and the OEQS Assistant feature for generating suggested answers to open-ended questionnaires. Task trainers and accessories (including SimEquip and Medicor branded products) complement the simulation offerings. Expert services include the Elevate Learning Institute for training programs, service agreements for ongoing support, and custom industry solutions. The company was formerly known as CAE Healthcare, Inc.

Differentiator

Problem solved

Functional benefit

Brands

• Blue Phantom: Ultrasound simulation solutions and task trainers
• Medicor
• Evo AuRA
• LearningSpace
• Evo
• Juno
• SMART Manikin
• Ehli

Products and services

• Evo Modular Patient Simulator A modular high-fidelity patient manikin designed to grow with a simulation program, delivering immersive, high-impact simulation with endless configurable scenarios for preparing learners for real-world care.
• Patient Simulators (Aria, Lucina, HPS Adult, Ares, Juno, Luna) Comprehensive healthcare patient simulators for every stage of clinical education, from basic skills to advanced emergency care. Includes Aria, Lucina, HPS Adult, Ares, Juno, and Luna models alongside the Evo modular simulator.
• LearningSpace Simulation Center Management Software AI-powered simulation center management platform that streamlines scheduling, debriefing, and learner assessment with instant feedback and full remote control capabilities. Sold via platform licensing with cloud-based storage, support and maintenance agreements available.
• LearningSpace AI (Ehli) AI assistant within LearningSpace that automates evaluation scoring, saves instructor time, and ensures consistency in assessment outcomes.
• Ultrasound Simulators (Blue Phantom, Vimedix) High-fidelity ultrasound training solutions combining simulation and task trainers to develop diagnostic imaging skills across medical specialties, including the Blue Phantom and Vimedix product lines.
• Task Trainers & Accessories (SimEquip, Medicor) Procedure-specific task trainers and clinical simulation accessories designed for repetitive hands-on skills training across disciplines, offered under the SimEquip product line and the Medicor sub-brand.
• SMART Manikin Hands-on CPR, AED, and First Aid training manikin with real-time feedback for flexible certification and skill mastery in lifesaving techniques.
• Elevate Learning Institute Expert-led training services designed to improve healthcare team performance and patient safety through specialized education programs, including on-site training, in-house training at Elevate facilities, and virtual single-seat training courses.
• Service Agreements and Support & Maintenance Plans Support agreements that protect simulation investments, including technical support, software updates, optional preventative maintenance visits, and extended warranty options purchased post-initial warranty.
• Custom Industry Solutions Custom simulation solutions built to meet specific industry requirements and program needs, with pricing negotiated individually and typically structured as multi-year contracts.
• LearningSpace OEQS Assistant A generative-AI feature within the LearningSpace platform that processes submitted text answers and associated questionnaires to auto-generate suggested answers for open-ended questionnaire items.

Quantifiable outcome

• Simulation training reduced medical errors by up to 50%
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• VirtaMed: VirtaMed develops high-fidelity virtual reality surgical and ultrasound training simulators. It competes with Elevate in the ultrasound simulation and procedure-specific training niches, with a strong European footprint.
• Operative Experience: Operative Experience builds hyper-realistic surgical and trauma simulators (e.g., Emergency Cricothyroidotomy, hemorrhage control trainers) for military and civilian healthcare training. It competes with Elevate in task trainers and emergency response simulation.
• Intelligent Ultrasound: Intelligent Ultrasound provides AI-driven ultrasound simulation and clinical training platforms such as ScanTrainer. It overlaps with Elevate's Blue Phantom and Vimedix ultrasound simulator offerings in the diagnostic imaging education space.

Broad incumbents

• CAE Inc. CAE Inc. is the former parent of Elevate Healthcare (when it was CAE Healthcare). CAE is a large aviation and defense training company with a continuing healthcare simulation presence, making it both a former parent and a broad incumbent in the same market.

Direct peers

• Surgical Science: Surgical Science develops virtual reality simulation for medical training, including endovascular, laparoscopic, and ultrasound simulation. It competes with Elevate's Blue Phantom ultrasound simulators and the broader simulation-based education category.
• Limbs & Things: Limbs & Things specializes in procedure-specific task trainers and clinical skills training models used by nursing schools and hospitals. It directly competes with Elevate's SimEquip and Medicor task trainer lines.
• Laerdal Medical: Laerdal Medical is the global leader in healthcare simulation, offering patient manikins (SimMan, SimBaby), CPR training solutions, and simulation software. It is the most direct competitor to Elevate Healthcare across nursing, EMS, and hospital training segments.
• Mentice: Mentice provides endovascular and interventional simulation solutions for clinical training, with overlap in the ultrasound and image-guided procedure simulation market served by Elevate's Blue Phantom and Vimedix products.
• Simulab: Simulab manufactures task trainers and surgical simulation models focused on trauma, ultrasound, and procedural skills. Its product portfolio overlaps directly with Elevate's task trainers and Blue Phantom ultrasound line.
• Gaumard Scientific: Gaumard Scientific designs and manufactures high-fidelity patient simulators (HAL, Victoria, Super Tory) and obstetric simulators used in nursing and medical education. Directly competes with Elevate's Evo, Lucina, and Victoria-line patient simulator products.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_elevate_health
• YouTubeyoutube.com/channel/UCxvlvWkIv9bgmbY0Iz5K6IA
• Facebookfacebook.com/elevatehealthcaresim
• LinkedInlinkedin.com/company/elevatehealthcare
• Instagraminstagram.com/elevate_hc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elevate Healthcare