TEMPE, Ariz.--(BUSINESS WIRE)--Picmonic, Inc., the world’s leading visual learning community for nursing students, announced a bold initiative to reduce the shortage of entry-level nurses in the workforce with an NCLEX® pass guarantee for subscribers.
Demand for qualified nurses is rapidly outpacing supply, with the Bureau of Labor Statistic projecting the need for an additional 526,800 nurses before 2022, an increase of 19%. Most job growth can be attributed to increased patient demand and a need to replace workers who retire over the coming decade.
Before practicing nursing, students must pass a rigorous National Council Licensing Examination (NCLEX®) for Practical Nurses and Registered Nurses. The pass rate is generally a good indicator of the number of new nurses expected to enter the market. According the National Council of State Boards of Nursing (NCSBN), the 2015 NCLEX®-RN pass rate for U.S. educated candidates was 75% and 80% for the NCLEX®-PN.
“The nursing shortage is reaching crisis levels, and is having a detrimental impact on the quality of care for patients and the quality of life for nurses,” said Ron Robertson, CEO and co-founder of Picmonic. “Last year, over 40,000 nursing students failed the NCLEX® exam. If Picmonic can boost pass rates by a modest 10% with our pass guarantee, we can help get more than 4,000 qualified nurses into the workforce every year.”
Picmonic’s innovative Visual Learning System uses picture mnemonics, or “Picmonics,” to help students better understand and remember vast amounts of complex information by incorporating humor and irreverent graphics to make learning more memorable and fun.
The nursing-specific solution includes thousands of essential facts organized by body system, course and textbook.
When compared to traditional study methods, students who use Picmonic see a 331% improvement in long-term memory retention and a 50% increase in exam performance, according to an independent study by the Journal of Advances in Medical Education and Practice*.
“Picmonic is a truly revolutionary approach to learning that helped me pass the NCLEX®,” said Steph, a student at the University of Detroit Mercy McAuley School of Nursing. “This program uses a multifaceted approach to learning, which enabled me to gain a thorough knowledge and understanding of all the subjects I studied.”
Picmonic’s NCLEX® pass guarantee offers a full refund to any student who uses Picmonic and doesn’t pass the test. More information about Picmonic’s NCLEX® Pass Guarantee can be found at http://www.picmonic.com/pages/pass-the-NCLEX®-guarantee/.
About Picmonic, Inc.
Picmonic® is the world’s leading visual learning community for medicine and nursing students, with over 125,000 users worldwide. By leveraging the power of visual learning, Picmonic helps students remember more, excel in school and pass their board exams.
Picmonic's system is designed to improve memory retention and boost exam scores by turning boring facts into unforgettable stories and images. A controlled study published in 2014 in the Journal of Advances in Medical Education and Practice demonstrated that Picmonic users achieved over 330% improvement in long-term memory retention over the non-users.
Established in 2011 by medicine students Ron Robertson and Adeel Yang, Picmonic Inc. is headquartered in Tempe, Ariz., and is funded by 2M Companies with participation by Tallwave Capital, Arizona Tech Investors Desert Angels and Blackboard co-founder Matt Pittinsky. More information at www.picmonic.com.
* Journal
of Advances in Medical Education and Practice
https://www.ncsbn.org/Table_of_Pass_Rates_2015_%283%29.pdf
https://www.ncsbn.org/NCLEX®_Stats_2015_Q1.pdf
http://www.aacn.nche.edu/media-relations/fact-sheets/nursing-shortage