ARC Innovation Center is an infrastructure of innovation that is being designed for advanced academic medical centers. The center aims to accelerate innovation that will spur a redesign of healthcare through collaborations with its various stakeholders. The center accentuates four essential principles: a focus on digital-health; creating and implementing an open innovation campus; forging collaborations with leading academic centers and VC funds; and, providing a physical home for innovation.
ARC Innovation Center aims to achieve three main goals: bring new technology into the hospital and community ecosystem in order to improve patient care; develop technology, processes and new models of care that will address modern global healthcare challenges and help create a redesign of patient care ; and, expedite commercialization in order to create revenue streams that will be reinvested in on-going research, development and innovation efforts.
The center will allow seamless integration between innovators, scientists, startups, high-level developers, large corporate companies, investors, and academia under one roof. The ARC Innovation Center will focus on digital health technologies including precision medicine, big data, and predictive analytics, telemedicine and mobile health.