Michael Wallace

Michael Wallace is the CEO and Co-Founder of Oxford Medical Simulation (OMS), a company that specializes in virtual reality medical simulation for training healthcare professionals.1 He has been in this role since August 2016, leading the company's efforts to improve global patient care through innovative VR healthcare simulation.

Background and Education

Michael Wallace holds a BA (Hons) in Archaeology from the University of York, which he earned between 2005 and 2008.2 He attended Loretto School in Musselburgh for his earlier education.

Professional Experience

Prior to founding OMS, Michael Wallace had a diverse career in various industries:

• Director at Oxford Medical Education (June 2015 - Present)1
• Project Director & Operations Manager at Bit Zesty (August 2012 - June 2015)1
• Management Consultant at Disabled Living Foundation (May 2012 - August 2012)1
• Management Consultant at Accenture (January 2010 - October 2011)1
• Business Analyst/EA at Richardson Consulting Ltd. (November 2008 - March 2009)1

Oxford Medical Simulation

Under Michael Wallace's leadership, Oxford Medical Simulation has made significant strides in the medical simulation industry:

• The company delivers virtual reality medical simulation training to healthcare professionals, focusing on clinical decision-making, crisis resource management, and patient engagement.1
• OMS has run over 500,000 simulations since 2019.3
• The company's solutions have led to a 74% reduction in staffing and equipment costs for healthcare institutions.3
• In January 2024, OMS raised $12.6 million in a Series A funding round, marking a significant milestone for the company's growth.4

Michael Wallace's vision for OMS is to address the healthcare workforce crisis by providing scalable, high-quality training solutions that bridge the gap between theory and practice in medical education.3