Innovation Lab News
Showing Posts by: Innovation Champions
A decade ago this summer, a group of like-minded healthcare system leaders came together to craft an innovation engine for their hospitals. In the simplest terms, the goal was to create an independent, self-sustaining organization that would identify great ideas from providers and staff members, turn those concepts into products, and get them across the…
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By Larry Stofko In early January, The Innovation Institute and Sheppard Mullin hosted a “Healthcare VC and Early-Stage Investors” lunch gathering and roundtable at the 2023 JP Morgan Healthcare conference held on January 9-11 in San Francisco. The facilitated discussion was attended by members of MultiCare Capital Partners, 7wireVentures, Echo Health Ventures, and Amazon…
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Trained as a medical doctor and cancer researcher, Dr. Nishi Viswanathan has spent most of her career as an entrepreneur and business professional. She’s always looking for innovative breakthroughs to drive better health outcomes and lower the cost of care. And she’ll be the first to tell you when it’s time to talk about commercializing…
Read MoreThe National Capital Consortium for Pediatric Device Innovation (NCC-PDI) announced five awardees chosen in its prestigious “Make Your Medical Device Pitch for Kids!” competition. Each received a share of $150,000 in grant funding from the U.S. Food and Drug Administration (FDA), with awards ranging from $20,000 to $50,000 to support the advancement of pediatric medical devices.…
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“There’s got to be a better way.” This common phrase “is like a homing beacon,” says Innovation Lab General Manager Ryan Kelly, that indicates a pressing, unmet need and a new product opportunity. Healthcare professionals find themselves thinking it all the time, so they become experts in developing creative workarounds. Here’s one example. The standard…
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In late August 2004, physical therapist and researcher David Embrey, PhD, was analyzing electromyography of the gait cycle in children with and without cerebral palsy. As he stared at his screen, Embrey’s mind wandered to a conversation he’d had with a colleague about the need for innovative ways to improve gait in people with neuromuscular…
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During this past year, which has been dramatically shaped by our response to the coronavirus pandemic, healthcare workers demonstrated they could push through stress, pain and untold human suffering to find better ways to care for others. Their collective creativity and innovation has been phenomenal, leading to: faster, more efficient supply chains for critical equipment and…
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By their very nature, pandemics stress healthcare networks, as providers are constantly adapting to new best practices that drive quality patient care. In the case of COVID-19, the challenge of providing preventative, acute and chronic treatment has been complicated by the risk of respiratory spread. The obvious solution? Telehealth, where secure video capabilities allow for…
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