
Innovation Lab News
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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 MoreTrained 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.…
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 MoreInnovation emerges in countless different ways. Sometimes you walk straight into a problem and an effective solution appears right in front of you. Sometimes, however, you find yourself struggling with a problem so complicated and ambiguous that you don’t know exactly what you need to (and can) solve. Enter design thinking.
Read MoreNewport Beach, CA – May 14, 2021 – Innovation Lab announced today that they will host a virtual Startup Demo Day on May 20 to highlight opportunities in the underserved pediatric sector. The Pediatrics Innovation Startup Demo Day is co-hosted by Valley Children’s Healthcare and will be sponsored by Medline, the nation’s largest privately-held manufacturer and…
Read MoreIn 2017, Innovation Lab partnered with Avera Health to provide creative thinkers a way to bring their ideas to life. Filled with hope and a lifetime of ideas, Physical Therapist Nicolle Samuels enthusiastically began a journey to becoming a serial innovator. Her purpose and passion transitioned from simply helping people to helping people help other people.
Read MoreGetting a great idea to market takes a lot of behind-the-scenes work. Our innovation process runs from market and intellectual property research to prototype development and assessment. And with the right product, we’re aiming for the best commercialization channel. Take a look behind the curtain on how we’re supporting LiveBand, a new device that could make a high-grade therapy more accessible.
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.
Read MoreDuring 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…
Read MoreBy 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…
Read MoreA pandemic can’t hold great ideas and solutions at bay, especially when it comes to improving healthcare for young patients. In fact, the coronavirus environment is generating a new slate of tough challenges to solve if we’re to successfully navigate today’s world. Getting to the right answers is about creating an opportunity for smart people…
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