Burlington, ON – November 25, 2021 – Mohawk Medbuy Corporation (MMC) and the Centre for Aging + Brain Health Innovation (CABHI), powered by Baycrest, recently signed a Memorandum of Understanding (MOU) to work together in support of innovation focused on aging and brain health.
CABHI, a Toronto-based global solution accelerator for the aging and brain health sector, provides funding and support to companies and innovators for the development, testing, and dissemination of new ideas and technologies that address unmet brain health and seniors care needs. Innovation in this sector is vital to address the needs of an ever-increasing number of older adults, especially those living with dementia.
Mohawk Medbuy is a national, not-for-profit, shared services organization that supports hundreds of hospitals and non-acute care providers across Canada. With this partnership in place, CABHI can utilize MMC’s proven Innovation Program to support and promote new and existing companies with inventive solutions to these complex health care challenges.
The MMC Innovation Program serves as a launch pad for new health care products and services that offer tangible benefits over currently available options. It gives hospitals and other care providers greater access to new and unique solutions without having to undertake their own rigorous procurement process. CABHI companies that meet the program criteria receive a pricing agreement and listing in Mohawk Medbuy’s contract portal, are highlighted in the Innovation Program brochure and Member meetings – and, potentially, participate in MMC’s ongoing vendor webinar series.
In addition, qualifying companies within CABHI’s portfolio will benefit from MMC’s ongoing contract management, clinical input, and guidance on navigating public sector procurement and responding to RFPs.
“CABHI has established itself as a global leader in validating innovations in real-world care settings, and supporting innovators in the spread, scale, and sale of aging and brain health solutions,” said Dr. Allison Sekuler, Managing Director of CABHI and Vice President, Research at Baycrest. “Our partnership with Mohawk Medbuy will accelerate and simplify the process of getting those solutions into the hands of people who need them the most: older adults, people living with dementia, caregivers, and families across Canada.”
“Innovation is at the core of the Mohawk Medbuy brand and a driving force behind our success,” said Marc Lemaire, MMC’s Chief Procurement Officer and VP, Strategic Sourcing & Clinical Services. “This partnership with CABHI aligns perfectly with our commitment to facilitate the implementation of innovative products, services and technologies in health care. We look forward to a collaboration that helps improve the quality of life for older adults.”
Interested companies can find details about the MMC Innovation Program on the Mohawk Medbuy website.
About Mohawk Medbuy
Mohawk Medbuy is a national, not-for-profit, shared services organization that supports hundreds of hospitals and non-acute care providers in Ontario, New Brunswick, Nova Scotia, Newfoundland and Labrador, PEI, Manitoba and the Yukon. MMC provides efficient, cost-effective procurement of medical/surgical supplies, pharmaceutical products, capital equipment and food/nutrition solutions, as well as warehousing and logistics, accounts payable and linen services. The Burlington-based organization also has offices in London and Brantford and a linen facility in Hamilton.
About the Centre for Aging + Brain Health Innovation
A solution accelerator for the aging and brain health sector, the Centre for Aging + Brain Health Innovation (CABHI) provides funding and support to innovators for the development, testing, and dissemination of new ideas and technologies that address unmet brain health and seniors’ care needs. Established in 2015, it is the result of the largest investment in brain health and aging in Canadian history. CABHI is a unique collaboration of health care, science, industry, not-for-profit and government partners whose aim is to help improve quality of life for the world’s aging population, allowing older adults to age safely in the setting of their choice while maintaining their cognitive, emotional, and physical well-being.