
Innovation Lab News
Showing Posts by: Inspiring Innovation
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…
Read MoreBy 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…
Read MoreThe word “creativity” is usually associated with fine arts or hobbies, not healthcare. But health systems are actually filled with scientists and caregivers who use creativity to solve problems involving a very complicated organism: the human body. Creative thinking helps us imagine ways in which we can provide better care for our patients and their…
Read MoreBy Ryan Kelly At this very moment, someone on your frontline staff is pondering a really good idea for improving some aspect of healthcare. It could be a medical device. It could be a digital tool. What will happen to that idea? Usually, the answer is nothing. Or the innovator will give it away to…
Read More“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…
Read MoreBy Suzy Engwall In healthcare, some problems are so enormous and complex that a solution has long seemed impossible. Artificial intelligence and machine learning promise new insights into these multifactorial challenges, as we learned at our recent Startup Demo Day: AI and Machine Learning. Not only that, but artificial intelligence in healthcare is enabling humans…
Read MoreEven in a year of intense pressure on frontline healthcare workers, creative innovation never stopped. General Manager Ryan Kelly looks back at the highlights of 2021.
Read MoreBy Melissa Goodwin Transferring patients suffering behavioral health crises from Emergency Departments (EDs) in hospitals from coast to coast into proper care is a largely manual process involving many stakeholders. But as the Innovation Lab and Bon Secours Mercy Health (BSMH) seek to prevent potential complications and delays in this widespread process, it isn’t just about…
Read MoreA device the size of a smartphone could deliver easier, affordable therapy for muscle recovery and development. Under development with the Lab, the LiveBand puts short-term limits on a limb’s blood flow, which pushes muscles to work harder under less stress. Dr. Eric Bowman explains how he’s creating a more accessible version of a proven therapy – with the potential to move from the physical therapy studio to the corner gym.
Read MoreTechnology is now a valuable facet of healthcare, and startup companies are constantly creating innovative solutions to improve patient health and deliver care where people need it. Is your hospital looking for ideas on how to solve healthcare delivery challenges?
Read MoreWhen people ask me what I do for a living, I tell them that I work for a unique healthcare incubator. I’m the Innovation Lab’s “boots on the ground” at Avera Health. I’m here to help enhance and grow the culture of innovation through the system, which includes hospitals, clinics and other healthcare services across four states in the Upper Midwest.
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