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Amesite Reports 93% Accuracy of NurseMagic™ App in Answering NCLEX Model Questions

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Amesite announced that its NurseMagic™ app achieved a 93% accuracy rate when tested against NCLEX test questions. This app, which has seen rapid adoption since its release, utilizes Amesite’s proprietary technology to assist nurses in real time. NurseMagic™ targets over 5.2 million US nurses, providing information ranging from patient care to clinical judgment.

The app's foundational model was tested with questions from two major NCLEX prep providers. Amesite's Senior AI Manager emphasized the use of highly-rated guides for comprehensive testing. CEO Dr. Ann Marie Sastry highlighted the support from nurse influencers with nearly 2 million followers in promoting the app.

NurseMagic™ aims to reduce stress and enhance professional performance for both practicing and student nurses.

Positive
  • NurseMagic™ app demonstrated a 93% accuracy rate against NCLEX test questions.
  • Rapid adoption of NurseMagic™ since its release.
  • Target audience of over 5.2 million nurses in the US.
  • Support and promotion by nurse influencers with nearly 2 million followers.
Negative
  • None.

Insights

Amesite's announcement reveals significant potential for the company's growth in the healthcare education sector. The 93% accuracy reported for the NurseMagic™ app, especially when benchmarked against NCLEX test questions, demonstrates a high level of reliability, which is important for user trust and adoption. This could lead to increased revenue streams as more nursing professionals adopt the app, potentially expanding Amesite's market reach. Over 5.2 million nurses in the US represent a substantial market and successful penetration could dramatically improve Amesite’s financial health.

Short-Term Impact: Investors might see an immediate boost in stock prices as the market reacts positively to the high accuracy rates and the large potential user base. This strong performance metric also reinforces Amesite’s reputation, possibly attracting new investors.

Long-Term Impact: Sustained growth will depend on continued high performance and user retention. Amesite will need to ensure consistent updates and improvements to maintain its competitive edge. Additionally, partnerships with nursing associations or educational institutions could further solidify its market position.

However, investors should also consider the competitive landscape. The edutech sector is highly dynamic and competitors might develop similar or superior technologies. Amesite’s reliance on influencers for marketing, while effective, also poses risks if the association loses traction or credibility.

The NurseMagic™ app showing a 93% accuracy rate against NCLEX test questions is a commendable achievement. This high level of performance indicates that the underlying models are robust and well-designed for practical application in clinical environments. For nurses, especially those preparing for the NCLEX, this app could serve as an invaluable tool, enhancing their study efficiency and overall exam readiness.

Clinical Implications: High accuracy in answering NCLEX questions suggests that NurseMagic™ could improve the quality of nursing care by better preparing future nurses. Enhanced support tools for patient communication and symptom analysis could lead to more accurate diagnosis and treatment planning, directly impacting patient outcomes positively.

Future Prospects: For long-term success, Amesite must ensure continuous validation and updates of its models to adapt to evolving nursing practices and NCLEX standards. Moreover, expanding functionalities to cover more specialized areas of nursing could broaden its user base further.

One potential drawback is user dependency on the app, which might inadvertently reduce critical thinking skills if over-relied upon. Amesite must emphasize that the app is a supplementary tool, not a replacement for professional judgment.

Proprietary Model in NurseMagic™ Delivers Accurate Results for Nurses--from Patient Care Environment to Clinical Judgment

DETROIT, July 09, 2024 (GLOBE NEWSWIRE) -- Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announced that its proprietary models that power its NurseMagic™ app have demonstrated a 93% accuracy when tested against NCLEX test questions. Accuracy is essential for the growing number of nurses using the app. The recently launched app has experienced rapid adoption by nurses following its release to the general public, and utilizes Amesite’s proprietary technology to provide useful information and assistance in real time, targeting over 5.2 million nurses in the US. 

The foundational model that powers NurseMagic™ achieved a 93% accuracy rate when tested with questions from two leading NCLEX prep providers’ test banks. NurseMagic™ tools are guided by nursing ethics and provide assistance in areas ranging from nurse notes to patient communication to symptom analysis.

The NCLEX exam is a standardized exam developed by the National Council of State Boards of Nursing (NCSBN) that nursing graduates must pass to obtain their nursing licenses in the United States and Canada. The NCLEX exam tests knowledge in the following five areas of nursing practice: Safe and Effective Care Environment, Health Promotion and Maintenance, Psychosocial Integrity, Physiological Integrity and Clinical Judgment [1].

Senior AI Manager at Amesite, Sai Nittala, said, “Using NCLEX-RN test banks is a convenient way for us to validate the accuracy of our models. We restrict our testing to highly-rated guides and test comprehensively across areas of nursing practice. We are very pleased with the high performance of our base proprietary model and are working continuously to assure that it meets the needs of all nursing professionals in practice.”

Dr. Ann Marie Sastry, CEO of Amesite, said, "Nurse influencers like Cynesse, Nurse Tara, and Kesheen, who collectively have audiences of nearly 2 million followers on social media, continue to help us communicate the power and utility of NurseMagic™ for nurses in everyday practice. We are constantly refining our models to be able to deliver fast, useful and accurate results for nurses that reduce their stress and improve their professional performance. We believe that every practicing and student nurse will benefit from using NurseMagic™."

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About Amesite Inc.

Amesite Inc., an education tech SaaS company, offers its proprietary learning platform and content services to deploy affordable and effective AI for white-labeled online learning programs for colleges and universities. The company's technology platform leverages cutting-edge AI to offer an innovative out-of-the box, AI-powered learning ecosystem, complete with 24/7 learner support, up-to-date content and ready-to-go programs to quickly deploy and generate revenue. With the announcement of NurseMagic™, Amesite has entered the B2C AI app market. Amesite has also announced its intention to deliver other apps on its infrastructure including a Public Safety app that includes training and preparedness for active shooter response. For more information, visit https://amesite.com.

Forward Looking Statements

This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company's filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:

MJ Clyburn

TraDigital IR

clyburn@tradigitalir.com

SOURCES:

  1. https://www.nclex.com/files/2023_RN_Test%20Plan_English_FINAL.pdf


FAQ

What is the accuracy rate of NurseMagic™ app in answering NCLEX test questions?

NurseMagic™ app has a 93% accuracy rate in answering NCLEX test questions.

When was Amesite's NurseMagic™ app accuracy reported?

The accuracy of Amesite's NurseMagic™ app was reported on July 09, 2024.

What is the target audience for Amesite's NurseMagic™ app?

Amesite's NurseMagic™ app targets over 5.2 million nurses in the US.

What areas of nursing practice does the NCLEX exam cover?

The NCLEX exam covers Safe and Effective Care Environment, Health Promotion and Maintenance, Psychosocial Integrity, Physiological Integrity, and Clinical Judgment.

Which stock symbol is associated with Amesite?

Amesite is associated with the stock symbol AMST.

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