InHealth Launches Capital Campaign

NEWS TRENDS

The Institute for Health Technology Studies (InHealth), a nonprofit, independent offshoot of AdvaMed, launched a $10 million capital campaign in March.

The funds would enable the organization to sponsor more evidence-based, objective, peer-reviewed research on the value and effect of medical devices and diagnostics. By the campaign's kickoff, $4.2 million in pledges had already been received from medical device OEMs and foundations.

“InHealth has encouraged dialogue on industry issues, and more important, delivered evidence about the role of technology in advancing care and quality of life for patients,” said Timothy Ring, InHealth's treasurer and campaign chair.

Since 2004, InHealth has awarded about $3 million in academic grants to research teams at top universities, resulting in 11 articles published in academic journals. InHealth also held symposia with leaders from academia, government, and the private sector to debate the role of medical technology innovation.

The group says it now plans to “broaden and accelerate” its initiatives. Research may be targeted at device sectors, including cardiovascular, orthopedic, wound care, and diagnostics.