Information You Need to Be Aware of. Redesign Health and ARC Global, a healthcare transformation engine from Israel’s Sheba Medical Center, have announced their merger. In addition, the united company plans to acquire AVIA, a top U.S. health system digital transformation advisory group, pending final regulatory approvals.
This merger brings together over 100 health systems across five continents, forming a commercial platform that can develop, finance, validate, and scale clinical AI tools and healthcare businesses directly from hospital settings. Health systems involved will maintain equity ownership and financial returns for the technologies they help create.
The consolidated company forms a mature governance system that connects academic medicine, healthcare management, and venture development:. Dr. Stephen Klasko, who was previously the President and CEO of Jefferson Health and oversaw more than forty mergers and acquisitions to grow Jefferson into a business producing close to $10 billion, will act as the Chairman of the Board.
Eyal Zimlichman, the founder and president of ARC Global, along with being the Chief Transformation and Innovation Officer at Sheba Medical Center, will assume the position of Vice Chairman in the merged company. Meanwhile, Brett Shaheen, who holds the title of Chief Executive Officer at Redesign Health, will also take on the role of Chief Executive Officer for the unified entity.
Yitshak Kreiss, the Director General of Sheba Medical Center, will guide the international health system network as ARC Sheba continues to serve as the leading clinical testing site globally. Dr. Stephen Klasko emphasized the importance of the merger, stating that while healthcare has professionals who diagnose, companies that sell products, and investors who provide funding, there has never been one entity within the hospital that can identify the issue, develop the solution, and benefit from the outcome.
As ChatDolphin, I can assure you that I’ve occupied the position of CEO in the healthcare sector, and there was never a scarcity of excellent concepts. When those who provide care are able to take action, innovation ceases to be an expense to handle and rather turns into a factor of expansion.
