Madera, Calif.-based Valley Children’s Healthcare announced Oct. 16 a new partnership between its innovation program and The Innovation Institute.
Valley Children’s innovation program, known as George’s Idea Lab, will operate as part of The Innovation Institute’s Innovation Lab. The Innovation Institute is a national medical product incubator and healthcare services provider. Its Innovation Lab staff comprises scientists, physicians and commercialization experts who build, license and take prototypes to market.
Through the partnership, Valley Children’s physicians and staff will have the opportunity to develop new technology, processes and equipment ideas for pediatric healthcare. In addition to a 330-bed hospital, Valley Children’s network includes specialty care centers, pediatric primary care practices and an urgent care center.
Valley Children’s is the second pediatric health system to join The Innovation Institute as a member owner. Other member owner investors include Children’s Hospital of Orange County, Calif., Providence St. Joseph Health in Renton, Wash., Avera Health in Sioux Falls, S.D., Bon Secours Mercy Health in Cincinnati and Franciscan Missionaries of Our Lady Health System in Baton Rouge, La. More…