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The American Medical Association has invested $15 million to become founding partner of Health2047, a high-tech incubator that will explore innovative solutions to some of the biggest challenges facing the nation's 1.1 million physicians and their patients.

“Health2047 intends to transform the way that individuals receive—and physicians deliver—care by collaborating to make system-level advances in healthcare,” said Doug Given, MD, PhD, chief executive of Health2047. “Health2047 — an entirely new business model in the healthcare industry — combines strategy, engineering, design and venture disciplines to create new and important linkages between the physician community and the AMA’s content/regulatory experts with leading companies, emerging growth companies and individual entrepreneurs. We will develop, optimize and harvest disruptive ideas that enhance — at the system level — the practice of U.S. healthcare.”