Surfair
ReaLifeSim, LLC
Location: 7643 Gate Parkway, #104-111, Jacksonville, Florida, United States United States
Founded in: 2016
Stage: Revenue generating
Number of employees: 1-5
Short URL: vator.co/realifesim-llc
Referred by: Tech.co
Followers (13)
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ReaLifeSim, LLC

Bringing Real Life to Your Training - ReaLifeSim & VetReaLifeSim
Startup/business
Jacksonville, Florida, United States United States
https://www.bgei-educational.com/
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Company description

ReaLifeSim, LLC, is disrupting clinical education by building the highest fidelity wearable innovative simulation solutions available for medical & veterinary students of the 21st century. Created by clinicians and developed by experts, ReaLifeSim/VetReaLifeSim products provide an affordable, wearable simulation solution for healthcare and veterinary students, connecting clinical hands-on skills with human interactions and advanced technology.

We’ve seen firsthand how the speed and efficiency technology, can overshadow the equally important personal connection critical to “caring” when providing healthcare. ReaLifeSim/VetReaLifeSim products are the first of their kind to provide safe clinical practice skills on a live person or animal, interacting with them directly as they would in a real-life situation, by integrating realistic simulated skin and blood vessels with aerospace technology.

The companion RLSimApp provides secure recording and review of skills performance, along with cloud syncing, instructor review, and advanced reporting capabilities. RLSimApp is the first of its kind, bringing IOT into the medical field along with clinician developed technology that’s accessible to any student, any time, any where. By leveraging IOT platforms and technologies, ReaLifeSim has developed a solution that is scalable, portable, and accessible to anyone.

ReaLifeSim & VetReaLifeSim help create clinical professionals that deliver patient-centered care.



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Team
  • Linda Goodman
    Linda Goodman | Founder
  • Elizabeth Benson
    Elizabeth Benson | Founder
    An engineer by training, a nurse and educator by choice, and now an inventor/entrepreneur by need, I lead an exceptional team creating disruptively innovative wearable training tools to change the paradigm in clinical simulation education.
  • Mike LaPrade
    Mike LaPrade | Team member
  • Roni Lyons
    Roni Lyons | Team member
Business model

ReaLifeSim products are being sold in 1 to 5 unit sets with pricing set from $384 to $1620. All these products are affordable with an anticipated scaled margin of 70% in 3 - 5 years. Individual unit retail cost is less than some textbooks.
Why Now? 100% of healthcare students and providers can use ReaLifeSim. Ineffective provider-patient communication results in negative patient outcomes. Frequent users of social media often miss patient non-verbal cues.

Phase 1 - Target customer is nursing simulation program coordinators, with enrolled students as the ultimate goal for individual sales. Phase 2 - Adds veterinary sites. VetReaLifeSim products passed lab testing and field-test May 2017. Phase 3 - Adds emergency medical services (EMS) educators, with enrolled students as the ultimate goal for individual sales.

  • 86,000 U.S. Academic & Healthcare Providing Institutions
  • 300,000 U.S. Nursing Students enrolled annually
  • 6.5 Million U.S. Healthcare Students & Providers

 VetReaLifeSim products are being sold in 1 to 10 unit sets with pricing from $57 to $1045. All these products are affordable with an anticipated scaled margin of 55% in 3 - 5 years. 100% of animal shelters, breeders, farmers, clinics, hospitals, and training institutions could use VetReaLifeSim products.

  • 270,000 U.S. Veterinary Professionals and Animal Breeders
  • 240 Million U.S. Companion Animals
  • $15.7 Billion U.S. Spending

Our customer base includes:

  • Healthcare education/training institutions & students
  • Acute and long-term healthcare facilities, clinics & providers
  • Home Healthcare facilities & personnel
  • Emergency Medical Service educators & providers
  • Animal shelters, breeders, and farmers
  • Animal hospitals, clinics, & providers
  • Veterinary training institutions & students  
Competitive advantage

There are no existing or declared in-development clinical simulation education products that are wearable and provide recorded outcomes measures. 
ReaLifeSim and VetReaLifeSim products distinguish themselves from all others by providing real-life clinical simulation on a live being (human or animal) with multiple sources of objective sensor data indicating skill competence tracked with Wi-Fi wireless technology and the RLSimApp. We are also investigating a collaborative effort with virtual simulation businesses to interface our devices’ hands-on skills with their virtual computer scenarios.

A variety of expensive simulation products are available on the market. The average high fidelity manikin costs $65,000 plus software and maintenance fees. Cheap simulation (low fidelity) products are available and do not provide realistic practice, but do provide a place to stick a needle. And, there are separate recording products, but nothing integrated into the clinical product. Nothing on the market tracks skills and competency outcomes and allows practice on a real person. There are also virtual training programs on a computer. These do not provide any real physical skills practice. No one is currently manufacturing and distributing products like ours.