A research and innovation centre will be opened at Launceston General Hospital.
The Tasmanian government on Tuesday signed a memorandum of understanding to deliver the project.
The aim of the new centre is to improve the coordination and management of health research in north and north west Tasmania and build upon relationships between the Department of Health and other research organisations.
Premier and Minister for Health Jeremy Rockliff said the centre would allow Tasmania to attract investment and increase the quality of health research.
"We also know that by improving research pathways we will improve patient outcomes - particularly in rural and regional Tasmania - as well as increase patient satisfaction in the health system," he told reporters.
"I commend the work of those involved in progressing this exciting initiative and look forward to seeing this project progress to improve health research and patient outcomes in Tasmania."
Clifford Craig Foundation chairman, John Batten AM, said the signing of the memorandum represented a significant step in securing the future of medical research to the region.
The centre will be established at the Northern Integrated Care Services building with Department of Health staff and Clifford Craig Foundation staff co-locating in the new facility.
Mr Rockliff met patients and staff at the North Tas Day Hospital in Launceston on Tuesday to celebrate the state's elective surgery list being treated sooner under a deal with the state's private health providers.
"This achievement demonstrates how our government is working with the private health sector to achieve the best outcomes for patients," he said.
The news comes as paramedics and ambulance workers across the state consider escalating industrial action.
More than 90 per cent of union members rejected another wages and conditions offer from the government they say fails to address fatigue or ambulance ramping.
Tasmania's paramedics are the second-lowest paid of any state in the country.
