Jeffrey Hausfeld, MD, MBA, founder and chairman of the Board of the Society of Physician Entrepreneurs (SoPE), spoke on November 1 during the inaugural meeting of the Society’s Orange County/San Diego Chapter held at The Innovation Institute’s Innovation Lab in Newport Beach.
SoPE, an alliance partner of The Innovaton Institute, is a biomedical and health care innovation network of over 26,000 international members. With the addition of the Orange County/San Diego Chapter, SoPE now has 23 chapters worldwide.
Hausfeld shared lessons learned in translational medicine and entrepreneurship, including why not to move forward on an idea that “isn’t better, faster, safer and cheaper.” He also impressed upon the group of 40 that “people bring skills, ideas and experience to a company, and to recognize that all three have great value.”
Anthony Chang, MD, chief intelligence and innovation officer for the Medical Intelligence and Innovation Institute at Children’s Hospital of Orange County, who will lead the Orange County/San Diego Chapter, also spoke and welcomed potential members. Larry Stofko, executive vice president of The Innovation Institute and Innovation Lab shared with guests about The Innovatin Institute and how the SoPE network of physicians will be able to tap into The Innovation Institute through software set up to facilitate the submission and commercialization of ideas.
The Society of Physician Entrepreneurs (SoPE) is a global biomedical and healthcare innovation network with membership open to all healthcare professionals, entrepreneurs and industry stakeholders. SoPE was founded in 2011 by three physicians who shared a common vision – to empower physicians and other professionals to innovate healthcare through entrepreneurship. Five years later, SoPE continues to gain momentum with 23 chapters across the United States, Turkey, China and the United Arab Emirates, as well as industry partners who directly support our members’ efforts. Members include doctors, nurses, dentists, healthcare entrepreneurs, investors, engineers, academics, students, IT professionals and industry representatives.
Their community members share a common focus – working at the crossroads of innovation and commercialization to make a difference in healthcare. SoPE provides a platform for members to accelerate and catalyze innovation, as well as a separate supporting 501(c)(3) tax-exempt Foundation for scholarship and philanthropic endeavors to advance healthcare. For more information, visit www.sopenet.org.
About SoPE Orange County/San Diego Chapter Leader
Anthony Chang, MD, MBA, MPH, MS is a pediatric cardiologist and Chief Intelligence and Innovation Officer at CHOC Children’s Orange County. He is passionate about the use of Artificial Intelligence (AI) in healthcare and has his Masters in Bioinformatics/Artificial Intelligence from Stanford. He is the founder and medical director of the Medical Intelligence and Innovation Institute (MI3) at CHOC Children’s that is supported by the Sharon Disney Lund Foundation.
He is known for several innovations in pediatric cardiac care, including introducing the cardiac drug milrinone and co-designing (with Dr. Michael DeBakey) an axial-type ventricular assist device in children. He has helped to build a successful cardiology practice as a company and was able to complete a deal on Wall Street. He is a committee member of the National Institute of Health pediatric grant review committee.
In 2013 Dr. Chang has started a pediatric innovation leadership group whose bi-annual symposium Pediatrics2040: Emerging Trends and Future Innovations became a catalyst for the international Society for Pediatric Innovation (iSPI).
About The Innovation Institute
The Innovation Institute is an independent, for-profit LLC owned by non-profit health systems for cultivating innovative solutions to transform healthcare delivery. This unique collaborative comprises over 23,000+ physicians and 170,000 healthcare workers from over 100+ hospitals and 500+ clinics, along with extensive industry business partners, to incubate and commercialize new medical products and ideas. For more information, visit lab.ii4change.com.