Each partner will contribute $75 million to the research project. The research money dwarfs the amount of money IU Health provided for research in 2010 — the most recent year that information is available. That year, IU Health provided the School of Medicine $16.5 million for research initiatives.
“This for the health system is largely a new investment,” said Eric Williams, MD, and vice president of academic affairs at IU. “We think this is an investment for patient care.”
Nearly $60 million of the total research investment will go to cancer research at the Indiana University Melvin and Bren Simon Cancer Center.
More Articles on Academics and Medicine:
12 Revenue Pitfalls for Academic Medical Centers
Academic Urologists Average Higher Salary in Western U.S.
3 Threats Facing Academic Medical Centers
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.