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Ontario Investing $20 Million in Health Innovation

May 8, 2015 By Clive Tonge

Dr. Eric Hoskins – Minister of Health and Long-Term Care announcing funding for health innovation

Dr. Eric Hoskins – Minister of Health and Long-Term Care

 

 

 

 

 

 

Toronto -May 7, 2015

The government is adopting all six recommendations from the Ontario Health Innovation Council (OHIC) to support more Ontario-made health technologies, improve health innovation, patient care and spur economic growth.

As proposed in the 2015 Ontario budget, the government will:

  • Create a dedicated Office of the Chief Health Innovation Strategist to champion Ontario as a centre for health technology innovation
  • Establish a new $20 million Health Technology Innovation Evaluation Fund to support made-in-Ontario technologies
  • Use newly created Innovation Broker positions to connect innovators and researchers with opportunities in the health care system
  • Streamline the adoption of health care innovations across the health system
  • Shift to procurement practices that focus on outcomes, such as fewer hospital readmissions and the long-term value of medical devices
  • Invest in the assessment of emerging innovative health technologies to get those products to market faster.

Investing in Ontario’s health technology innovations is part of the government’s plan to build a better Ontario through its Patients First: Action Plan for Health Care, which is providing patients with faster access to the right care, better home and community care, the information they need to stay healthy and a health care system that’s sustainable for generations to come.

View-News-Release-250-x-100-px

 

 

 

View Archived webcast of announcement:

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Filed Under: Announcements, Ontario, Webcasts Tagged With: Dr. Eric Hoskins, Health, Health Innovation, Healthcare, MoH

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