The document discusses plans to create a program called "Hacking Medicine" at MIT and Harvard to teach students how to develop medical technology solutions. The program aims to provide an ecosystem for students to collaborate with clinical and domain experts worldwide to learn and rapidly develop solutions to meet unique medical needs and challenges. Healthcare is a complex industry with many fragmented players and barriers. The hacking culture and entrepreneurial environment at MIT provides an opportunity to include life science outsiders and drive innovation. The time is right for students to hack healthcare due to rising costs driving reform, incentives changing, and information technology intersecting with healthcare and business models.