To achieve even greater impact, the AMA invested $15 million in 2016 to become founding partner of Health2047, a stand-alone, for-profit innovation company based in Menlo Park, Calif. Health2047 works with AMA experts across a wide range of medical, health policy, and pragmatic practice areas, and collaborates with healthcare companies, tech and entrepreneurs to create and spin out solutions.

“The idea for Health2047 is a for-profit organization,” explained Larry Cohen, PhD, CEO of Health2047. “Our goal is to launch ventures to solve some of the major problems that face us in healthcare today.”