Ontario research hospitals contribute to a smarter Ontario by attracting, training and retaining some of the world’s most highly skilled researchers that help to establish our province as a destination for discovery and research development while building our knowledge-economy. Among these researchers is Dr. Janet Rossant, who proved the pluripotency of embryonic stem cells, in collaboration with Dr. Andras Nagy, in 1993 right here in Ontario.
“Without health research, you can’t have clinical trials, and without clinical trials, you can’t improve the health of Ontarians.” – Patient Gretta Hutton’s Mantle Cell Lymphoma is in remission, thanks to a clinical trial at Hamilton Health Sciences. Just one of many inspiring stories in this season’s Fall Catalyst.
Continue reading “Research Wrap-Up: CAHO Catalyst Fall 2015”
Research hospitals play a leading role in Ontario’s knowledge-based economy. To demonstrate the world-class research happening right here in our province, CAHO was delighted to host Deputy Minister of Research and Innovation, Giles Gherson, and Director Allison Barr on a 3-stop Innovation Tour to research labs at The Hospital for Sick Children (SickKids) and University Health Network (UHN). Continue reading “Groundbreaking Health Research is Happening Here”
THANKS TO YOU our HWS conference was an outstanding success! Now let’s carry the momentum forward
On June 1, 2015, the Healthier, Wealthier, Smarter Campaign was launched by CAHO and its membership with a conference at MaRS Discovery District. We were thrilled by the energy, the insight and the momentum that was generated and is continuing in the virtual world.
CAHO’s 24 research hospitals are leaders in Ontario’s health care system, and collectively, we make Ontario healthier, wealthier, and smarter. Our blog series is dedicated to telling stories that showcase the research of our member hospitals across the province, but before we kick things off, we want to share a snapshot of the success we’ve contributed to so far.
Health research pays off
In 2014, CAHO member hospitals invested $1.4 billion in health research—and it paid off and then some. Every $1 dollar spent by research hospitals generated nearly $3 of economic output. The research initiatives at CAHO member hospitals have attracted the attention of industry investment, which accounted for 14% of research funding in 2014—that’s over two times the OCED average for business investment in higher education research and development. By contributing to Ontario’s health research, we have seen new economic growth in the form of jobs, new business opportunities, and marketable innovations.
How does that funding translate?
Health research funding has allowed the 16,400 researchers and staff at CAHO’s 24 member hospitals to make this province a Healthier, Wealthier, and Smarter place to live. For example, research hospitals have made Ontario healthier by discovering better cares, cures and treatments, and by decreasing the delivery time between lab bench and patient bedside to improve quality care. They’ve made Ontario wealthier by introducing 77 new health-tech products to the market in 2014, while stimulating nearly 41,000 jobs, and contributing $3.8 billion to the provincial economy. And they’ve made Ontario smarter by attracting and supporting the brightest and the best researchers and clinicians to deliver health innovations of the future to patients who need it today.