The Department of Health and Human Services has launched a collaborative program that will explore possible opportunities for the U.S. healthcare industry.
The Deputy Secretaryâs Innovation and Investment Summit will be a year-long effort that will involve private sector innovators, investors and HHS personnel developing ways to boost investment and research in health services, the department said Wednesday.
DSIIS is expected to align with one of HHS Secretary Alex Azarâs department-wide priorities, which is to adopt a more value-based health care system in the U.S.
The workgroup will hold meetings on healthcare innovation, emerging opportunities and the implementation of government policies.
HHS Deputy Secretary Eric Hargan said the collaborative program will help modernize healthcare services for Americans.
âAs the healthcare community innovates, HHS must also be innovative in how we engage with that community,â Hargan added.
The department will accept applications of interested participants for DSIIS until Oct. 3.