Private equity-backed digital education platform TrueLearn acquires radiology vendor Medality
Private equity-backed digital education platform TrueLearn is acquiring radiology vendor Medality, the two announced Wednesday.
Founded in 2019, Cincinnati-based Medality provides case-based learning and clinical simulations for members of the specialty. Its offerings were designed in partnership with “hundreds of top academic faculty radiologists,” helping docs “upskill efficiently in high-growth imaging areas.”
Medality (formerly MRI Online) now boasts over 150 clients across 100 countries including private practices, academic programs and hospital radiology departments.
“We’re excited to partner with TrueLearn to expand our course library, technology platform and capabilities for our learners and institutions,” Medality Co-Founder and CEO Daniel Arnold said in a statement Feb. 19. “TrueLearn’s expertise in analytics, focus on learner outcomes, and shared mission to make an impact in medical education makes them a great partner to drive patient outcomes and continue our rapid growth,” he added later.
Launched by an anesthesiologist in 2008 and headquartered in Charlotte, North Carolina, TrueLearn is focused on training professionals across multiple medical specialties, nursing and therapy. The company in 2020 earned an investment from private equity firm LLR Partners and has inked multiple other acquisitions since. Those include APEX Anesthesia Review in 2022 and Picmonic in 2021.
Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.