TORONTO, Ontario & HALIFAX, Nova Scotia & ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)--Today, Medventions, Canada’s leading medical technology (medtech) innovation and entrepreneurship program, launched a pilot program in Newfoundland and Labrador, in partnership with Newfoundland and Labrador (NL) Health Services and the Nova Scotia Health Innovation Hub. This pilot program marks the third Medventions site across Canada, further expanding the program’s national reach. Founded in 201
In the Healthcare & Life Sciences sector, this initiative promotes the creation of AI-ready data sets and applications within Newfoundland and Labrador and Nova Scotia health services. It will drive regional adoption of innovative AI-powered solutions, thereby improving patient outcomes, optimizing resource allocation, and enhancing the overall efficiency of healthcare delivery in the region, which could then be scaled nationally.
Operational impact: Healthcare organizations can leverage new AI-powered tools and technologies developed through this program to improve diagnostic accuracy, streamline workflows, and personalize treatment plans. Integrating these AI solutions will require investments in infrastructure, training, and data management. The program creates opportunities for healthcare professionals to collaborate with AI developers and researchers, fostering innovation and improving patient care.