Members of the Greater Dayton Area Hospital Association are financing a new for-profit joint venture in Dayton to develop and commercialize medical technology and devices.
GDAHA will join Kaleidoscope — an innovation and product design firm based in Cincinnati — in collaboration with the Air Force Research Laboratory (AFRL) to create Ascend Innovations to solve pressing health care challenges, according to a news release.
“With the founding of Ascend, Dayton’s biggest industries — defense and health care — have come together to produce the emerging technologies of the 21st Century,” said Bryan Bucklew, President and CEO of GDAHA. “Dayton is one of the few places in the world where such an ecosystem of innovation is possible, and now it is happening.”
Ascend will identify unmet needs within GDAHA’s hospital network, then its evaluation team will tap into ideas and solutions from across the spectrum of caregivers. Ideas will be analyzed based on desirability, feasibility and commercial viability.
GDAHA represents 28 hospitals in close proximity to the AFRL, the Air Force’s only organization wholly dedicated to leading the discovery, development and integration of war-fighting technologies for U.S. air, space and cyberspace forces.
GDAHA and Kaleidoscope created Ascend after evaluating what these unique regional assets could make possible for the health care of tomorrow.
“Since the days of the Wright brothers, Dayton has been a center for innovation,” said Jeff Journey, Ascend’s managing director. “It was here that humans first mastered the science of flight. With this new collaboration, Dayton will develop solutions to solve challenging problems and advance the science of health.”
New products, technologies and services developed at Ascend will make health care more sustainable and profitable, bring additional jobs to Dayton and establish the region as a center for health care innovation.
Ascend is currently narrowing down location options in the heart of downtown Dayton, where it plans to expand with new product development positions in the near future.
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