Orange County Business Journal | Innovation Institute Adds Exec Search Firm

Innovation Institute LLC in La Palma has acquired Summit Talent Group, a healthcare industry executive compensation and search firm in Columbia, Md.

Innovation Institute develops healthcare products and services under three units: a medical devices and technology lab, an investment fund, and a division that buys firms providing services that include healthcare construction, staffing, and medical office design and equipment.

Summit will be part of the third unit, retain its Maryland offices and work with San Rafael-based FutureSense LLC, which Innovation Institute bought in November and which provides staffing to healthcare companies and physicians groups, among others.

Innovation Institute in a similar move in April bought MultiMedical Systems, a clinical engineering services and medical equipment firm in Fresno whose work is related to an Institute company, Tech Knowledge Associates.  More…