McGraw-Hill Professional, a division of McGraw-Hill Companies Inc. (MHP), recently announced its coalition with Simbionix, which provides medicinal edification and simulation technology to medical professionals.
The coalition will help assimilate visual and scientific teaching materials from AccessSurgery, McGraw-Hill Professional’s online surgical training source, into Simbionix’s MentorLearn. This will improve simulation-based learning and shore up surgical novelty and practice.
The alliance will also enhance McGraw-Hill Professional’s current erudition tools for surgical residents and medical scholars. At the same time, Simbionix will be evolving as the comprehensive education solution provider in medical field.
Simbionix’s MentorLearn system is the key for the preparation and learning requirements of the Simbionix simulators as it connects the facts from every simulator and facilitates operational responsibilities efficiently.
AccessSurgery unites McGraw-Hill suggestions with computer graphics, operative videos and facilitates synergistic panel evaluation through which it provides primary guidance and scientific suggestion for common and subspecialty surgical operations.
McGraw-Hill Professional is a part of McGraw Education, which has been implementing an array of strategic measures to enhance its operational efficiency. Earlier, the company announced its alliance with Advisor Websites and acquired Bookette Software.
The Advisor Websites alliance will improve the online substance and services of McGraw-Hill Financial Communications by customizing it according to the investors’ needs. Moreover, it will enrich the experience of the investor by providing synergistic lessons and charts, editorials emphasizing related investment themes, investment ideas and calculators instructing them.
Meanwhile, the Bookette Software acquisition will facilitate the company in escalating its digital capabilities, in an era where companies are focusing more on novelty and technology in education to meet the ever increasing demand for online testing in the classroom.
The McGraw-Hill Education segment is one of the leading global educational publishers. The segment includes two operating groups: the School Education Group (SEG) serving the elementary and high school (elhi) markets; and the Higher Education, Professional and International (HPI) Group serving the college, professional, international, and adult education markets. The segment publishes textbooks for schools, colleges, and professional purposes worldwide.
During fiscal 2010, the company’s higher education and professional segment was buoyed by strong growth registered across digital products and services. It was also helped by an increase in demand for online study tools (e.g. McGraw-Hill Connect series, McGraw-Hill Create), powered by higher enrollment in U.S.academic institutions. However, quarterly results were dampened by the sales decline registered in December 2010 in the U.S.colleges as well as in international markets.
However, McGraw-Hill’s results could be negatively affected by lower volume of debt securities issued in the capital markets. Financial distress could either dent investor demand for debt securities or make issuers reluctant to issue such securities. In addition, an increase in interest rates or credit spreads, may also adversely affect the general level of debt issuance.
Currently, we have a long-term ‘Neutral’ rating on McGraw-Hill, which competes with Pearson plc (PSO). Moreover, the company holds a Zacks #4 Rank, which translates into a short-term ‘Sell’ rating
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