Announce Steve Cannon as president and CEO The Innovation Institute and Tech Knowledge Associates (TKA) have formed Healthcare Technology Group (HTG), an asset management firm. Drawing from decades of service and experience, HTG aims to reinvent and simplify the concept of medical equipment management.   HTG will be led by Steve Cannon as president and CEO. Cannon has a long and distinguished…

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Since 2013, the Innovation Institute has been collaborating with healthcare providers and the general public to bring new ideas to market that help transform care delivery. This year, the Institute tested out a new kind of collaboration, partnering with UCI students working on senior capstone projects. In particular, its Innovation Lab sponsored two student teams…

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By Joe Randolph, President & CEO, The Innovation Institute Overnight, our national organization, The Innovation Institute and our family of companies have shifted and adapted to the new environment with COVID-19.  The Innovation Institute was launched in January 2013 with the strategic intent of focusing on innovation and growth. Today we are owned by five…

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TEAMWORK: Michele Genet Senior Director, Far West Staffing Services (FWSS) Michele Genet was nominated by several of her peers and all have praised her for her perseverance and teamwork during very challenging times, especially the loss of a beloved colleague. She has the diplomacy and expertise to create a perfect balance between the needs of…

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On October 1, 2019, the Innovation Lab participated in the UCI BioEngine reverse pitch event, pitching two CHOC ideas from our portal. Lab participants included Dr. Ryan Kelly, Dr. Afshin Nadershahi, and Suzy Engwall who did a terrific job organizing and pitching the two CHOC ideas. The BioEngine program uses this “fast-pitch” event to pair…

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La Palma, Calif. – Healthcare Technology Management (HTM) industry leader David Francoeur has joined Tech Knowledge Associates (TKA) as Senior Vice President of Marketing and Sales. Francoeur’s technology and leadership roles in clinical engineering and health care industries span 30 years. He most recently served as Senior Corporate Director of Brand & Quality of Clinical…

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This article is part of LinkedIn’s Hard Cases series, where doctors and medical professionals share the toughest challenges they’ve faced in their careers. You can read more about it here and follow along using hashtag #HardCases. Jean Snyder By Jean Snyder, Owner, Jean F. Snyder CRNA Inc., Co-owner Goodwin and Snyder Anesthesia Associates, PLLC I can still remember it like…

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The Innovation Institute and Innovation Lab partner RedCrow participated in the 2018 Cleveland Clinic Medical Innovation Summit as collaborators and as musical guests. Larry Stofko from The Innovation Institute and Jerry Harrison and Aishlin Harrison from RedCrow entertained Summit participants at the House of Blues, along with The Side Deal band. Other highlights from the…

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Valley Children’s Hospital has recognized The Innovation Institute Executive Vice President and COO Steve Gilbert and Executive Vice President and CFO Edward Wong for their support of the Camp Sunshine Dreams Program to allow Valley Children’s Hospital cancer patients to participate in the camp experience. The camp is an enjoyable, stimulating and supportive experience and…

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Member Owners Recognized for Achievements, Leadership The Innovation Institute President and CEO Joe Randolph was selected to speak this year at CHA Assembly 2018 about Using Venture Investing to Spur Innovation and Further Our Mission.  Randolph talked about The Innovation Institute’s founding principles, the unique business model, the progress to date and the learnings for…

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By Jeff Engel | The healthcare industry has a reputation for being slow and resistant to adopting new technologies. But more hospitals are starting to collaborate with—and even invest in—high-tech startups. The latest example is a new Boston-based venture capital fund announced Monday. LRVHealth, formerly known as Long River Ventures, said it’s planning to raise…

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In assessing specific needs for innovation, The Innovation Institute collaborates with its member owner health systems regularly to determine what their most pressing needs are. It is most often found that the biggest need is to cut costs and boost hospital efficiency. Expansion, embracing change, seeking new opportunities, and innovation are a way of life…

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Health System Leader Member Owners Honored On June 11-13, 2017, The Innovation Institute and some of our Enterprise Development Group portfolio companies participated in the Catholic Health Association (CHA) Assembly conference in New Orleans. We served as a Platinum Sponsor and showcased FutureSense, Healthcare Coding & Consulting Services, inHealth, O’Brien Group, Summit Talent Group, Tech Knowledge Associates,…

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            On March 17, The Innovation Institute hosted an Innovation Day for 60 students at St. Joseph’s Academy, a high school in Baton Rouge, Louisiana, in association with The Innovation Institute’s member owner Franciscan Missionaries of Our Lady Health System. On April 5, The Innovation Institute hosted another Innovation Day…

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The Innovation Institute works with several industry partners who specialize in health care innovation, including Deloitte. Harry Greenspun, MD, director, Center for Health Solutions, Deloitte Services LP, and author of Reingineering Healthcare: A Manifesto for Radically Rethinking Health Care Delivery, shares his advice for inventors. “Begin by addressing a process that doesn’t work well,” said…

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Late in 2012, Scott Rogoff, a Doctor of Physical Therapy at St. Joseph Health’s St. Jude Medical Center, formulated a medical device that he felt could more effectively and conveniently help patients rehabilitate ankle injuries. He says he conceived of the idea after observing many of his patients struggle with performing specific strengthening techniques, resulting…

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We Hold the Earth We hold brothers and sisters who suffer from storms and droughts intensified by climate change. We hold all species that suffer. We hold world leaders delegated to make decisions for life. We pray that the web of life may be mended through courageous actions to limit carbon emissions. We pray for…

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The Innovation Institute’s Executive Vice President Larry Stofko, who manages the Innovation Lab in Newport Beach, Calif., where health care ideas are incubated and developed, participated in Biola’s Startup Competition as a speaker and panelist on April 8, 2016. The Biola Startup Competition, a faith-based entrepreneurial initiative, was launched by the Crowell School of Business to accelerate…

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On February 10, 2016, The Innovation Institute recognized employees for their years of service at the Third Annual Values Recognition & Service Awards Celebration, held at the Innovation Lab in Newport Beach. Below is the list of recipients. All have previous years from St. Joseph Health that they were able to transfer over to The…

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The Innovation Institute’s annual Values Recognition Awards Program was created to help recognize and celebrate our core values and the people in our family of companies who exemplify them. Recognition of our fellow employees in the great work they do every day is a critical part of our culture. The three values we embrace are…

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Here at The Innovation Institute, most of the ideas that our Innovation Lab has received have originated from a problem that someone wanted to solve, mostly within their own line of work. It often starts with the innovator thinking, “There must be a better way.” For example, Hoag Hospital Emergency Department physician, Eric Alcouloumre, MD, noticed…

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Ryan Kelly, Director, Commercialization & Technology Transfer, has written this article for Design News about the path to medtech launch.  Medical device innovation has steadily progressed as our understanding of disease states has deepened. However, device development still faces significant challenges. From concept to commercialization, advancing medical devices through to commercialization is risky business. The…

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The Innovation Institute’s branding depicts the crashing waves of Southern California beaches with colors that represent the ocean. The waves also symbolize waves of innovation as well as faith, foresight, and flexibility. Surfboards help navigate waves, similar to how our Innovation Lab carefully navigates ideas submitted by our member owner physicians, nurses, and employees. Visitors…

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