Global HealthTech Leaders Gather in Tel Aviv for Sheba Medical Center’s ARC Innovation Summit

Photo Credit: Roei Shor Photography
Photo Credit: Roei Shor Photography


Conference brings together world-leading innovators, corporations, investors, and academia to experience how the future of medicine is being revolutionized

Sheba Medical Center, Israel’s largest medical center and a Newsweek Top-10 ranked world’s best hospital for the last four years, opened its ARC Innovation Week global summit today, bringing together members from the global healthtech ecosystem to experience how the future of medicine is being revolutionized at the hospital.

Focusing on cutting edge digital health technologies including precision medicine, big data and predictive analytics, telemedicine and mobile health, ARC Innovation Week brings innovators, scientists, startups, high-level developers, large corporate companies, investors, and academia under one roof. The week is comprised of presentations from world leaders in health and medtech and interactive displays of the latest technology being developed at Sheba and utilized around the world.

“The world cannot cope with the healthcare challenges over the next decade if we do not transform healthcare today. We need to accelerate the transformation of care and forge a bold new path,” said Prof. Yitshak Kreiss, director of Sheba Medical Center, in his opening remarks. “That mutual vision shared by ARC and its partners enables us to lead the way in development and implementation of cutting-edge world-changing technology.”

“We are delighted to host our innovation ecosystem here in Israel to address the complex challenges facing the world of health care,” said Prof. Eyal Zimlichman, Sheba’s chief innovation and transformation officer, and head of ARC. “Digital health will be the transformation vehicle to enhance the entire global health system. Via collaboration, we are moving the needle for healthcare providers and patients everywhere.”

Among the key collaborations being celebrated at the summit, Mayo Clinic and Sheba Medical Center signed an agreement Monday to make it easier to share health technology and support early-stage startup companies. The collaboration will create an environment that enables rapid product development in the U.S. and Israeli markets, allowing technologies to be established and launched to transform health care delivery for all.

“This collaboration will allow algorithms to be developed, monitored, and shared with confidence for the betterment of healthcare,” said Dr. John Halamka, president of the Mayo Clinic. “There is unlimited potential for innovation when the best healthcare institutions in the world put their minds together. That is what we are doing and what ARC stands for.”

The ARC (Accelerate Redesign Collaborate) Innovation Center endeavors to bring new technologies into the hospital and community ecosystem to drastically improve patient care.

Sheba’s newly appointed Chief Strategy, International Development, Growth, and Global Health Policy Officer, Dr. Steven Klasko, also addressed the summit, touching on the collaboration between Sheba and leading academic institutions around the world.

“Radical communication is necessary if we want to foster creativity to address the gaps in healthcare in a rapidly changing landscape,” Klasko said. “We aim to bring Sheba’s healthcare-transforming innovation to the forefront of the global conversation on the future of health.”

Stephen K. Klasko, MD, MBA, serves as an Executive in Resident (XIR) for General Catalyst, a major digital health-focused venture capital group, and co-leads a Gates Foundation funded initiative to partner with leading business and healthcare entities to utilize technology to fundamentally decrease administrative costs in the American healthcare system. Dr. Klasko also serves as a distinguished fellow of the World Economic Forum in Davos. Previously, Dr. Klasko served as President of Thomas Jefferson University and CEO of Jefferson Health, a 14-hospital system in the Greater Philadelphia area.