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The Mayo Clinic will Partner with Israeli Startup Companies

In order to help expand the capabilities and innovation at the Mayo Clinic, the healthcare company is set to work with Israel-based startup companies. The program -- called the Mayo Clinic Israeli Startup Initiative -- will help to encourage collaboration with startups that are focused on healthcare innovations to help foster new technologies and insights.

Around the world, healthcare innovations are taking place at an increasingly rapid rate which requires an enhanced level of attention in order to ensure opportunities aren't missed.

The announcement of the Mayo Clinic Israeli Startup Initiative identifies a growing shift by large companies to favor collaboration with smaller startup companies. In doing so, the brand will likely be able to help foster new ideas and technology that could help expand the brand's worldwide capabilities and reach.