Massachusetts Health & Hospital Association MEMBER MOMENTS: Hospitals Help Deliver ARPA-H Funding to the Commonwealth
ARPA-H, the entity within U.S. Health & Human Services that brings together different parts of the economy to advance healthcare outcomes, is delivering on its promise to bring funding to recipients that are working on various “moonshot” solutions to address diseases such as Alzheimer’s and cancer.
This week, an article in The Boston Globe reported that various companies and non-profits in the Massachusetts have collectively received $276 million in federal funds, out of more than $2 billion in allocations, since September 2023.
Massachusetts is the site of the ARPA-H Investor Catalyst Hub, which unites federal funding, private investment, and medical knowledge in innovative, fast-tracked ways to address healthcare challenges.
One such initiative is the “Sprint for Women’s Health” that champions “transformative innovations” to address “unmet challenges in women’s health across all demographics, geographies, and socioeconomic statuses.” An article in the October 28 Monday Report showed the Massachusetts recipients of Sprint funding.
The Globe wrote that the nearly $300 million in funding over the past year, “reflects the state’s high concentration of research universities, medical centers, and life sciences companies, particularly in Greater Boston.”
Massachusetts hospitals are a foundational component of the state’s life sciences ecosystem and are responsible for helping to bring billions of dollars in research funding to the state.