In the News

TechNation | Tech Knowledge: Getting the Mix Right

By George Hampton | There are two unmovable forces in our industry: Regulatory Compliance and Financial Performance. They stand as individual elements in your program’s portfolio, regardless of your attention. In my organization, we work hard to educate and encourage our leaders to understand both concerns and find the agility to move between the two…

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Health Data Management | Eleven Leading Innovators in Healthcare IT

The Innovation Institute CEO Named as Leading Innovator Health Data Management is the information resource for medical and IT professionals, executives and administrators who are leading the transformation now sweeping the healthcare industry. A number of HIT executives, policy makers and industry innovators are leading the digital disruption of healthcare. In the following list, Health…

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CIO | Can Innovation Help Curb Medical Mistakes?

By Larry Stofko | Even with all the advances in patient care, medical error continues to take lives at 1,000 per day in the United States (Leapfrog – Spring 2017 Report). So what are we doing to reduce these numbers? The answer: Individuals and organizations like The Innovation Institute, who want to have a positive…

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Medical Construction & Design | Safety, Maintenance & Looks

Petra ICS Shares Expertise in Medical Flooring  By Dawn Fredrick-Seibert | The intended use of a healthcare space defines the type of flooring selected, and many factors must be considered. Attention to factors that make sustainable environments conducive to safety, cleanliness, wellness and healing have created the best results. These factors include the selection of…

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UCI DCE Magazine | Managing Miracles

Summer 2017 Dramatic healthcare breakthroughs require innovative project managers. By any measure, the healthcare industry is on the brink of unprecedented challenges, even in the face of medical and technological breakthroughs that offer exciting and hopeful new treatment options. Consider the sweeping changes implemented by the Affordable Care Act that current political turmoil seeks to…

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TechNation | Tech Knowledge: Succession Planning

By George Hampton | What will become of this place if I leave? That’s a good question! Have you contemplated this question? Every leader should. It may seem odd thinking about your own replacement, maybe even threatening. I would suggest that you look at this idea from the standpoint of your own success. Every good…

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Greater Baton Rouge Business Report | California Firm Acquires Franciscan Health and Wellness Services

The Innovation Institute, a California firm that invests in and helps grow cutting-edge companies in the healthcare sector, has acquired Franciscan Health and Wellness Services, a health solutions and wellness company that was founded and owned by Franciscan Missionaries of Our Lady Health System. Terms of the acquisition, which closed earlier this month, were not…

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Orange County Business Journal | Innovation Institute Wants to Add Genomic Work

La Palma Facility Further Diversifies Innovation Institute LLC named Christina Waters executive-in-residence at its lab-incubator-accelerator in an effort to begin genomic medicine work. The for-profit group in La Palma looks for ways to advance healthcare industry practices. It’s co-owned by five nonprofit hospitals and systems, which locally include St. Joseph Hoag Health in Irvine and…

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TechNation | Tech Knowledge: Building Your AEM Program

By Ernest Oates and Jeff Niederhausen | One of the biggest things we have been hearing about in our industry centers around the Alternate Equipment Maintenance (AEM) program. For many facilities, this program can be a struggle to build. Trying to figure out where to start is even worse. In our program, we have tackled…

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TechNation | Tech Knowledge: The Dynamics of Cost Reduction

By George Hampton | At the risk of sounding like “Captain Obvious,” the health care industry as a whole is struggling financially. Everyone is being called to task for savings and clinical technology programs are certainly no exception. Perhaps your program has flown under the “cost cutting” radar in the past. I know that many…

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CIO | Medical Professionals Provide Improved Patient Care Through Artificial Intelligence

By Larry Stofko | Today, we are seeing the potential of artificial intelligence (AI) in healthcare as it helps us integrate disparate data types to answer complex questions that were previously unknown. According to the recent PwC Health Research Institute’s annual report, emerging technologies, including AI, are being deployed in healthcare and have great potential…

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Orange County Business Journal | Providers Look to Creatively Revolutionize Care

Reton, Wash.-based Providence St. Joseph Health’s California arm, St. Joseph Health, has its own take on technology, and its Southern California division, St. Joseph Hoag Health, will gradually incorporate the technologies that St. Joseph Health implements. “If you look at St. Joseph [Health] within the acute or ambulatory space, we are actively providing care to…

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Becker’s Infection Control & Clinical Quality | Keeping Infection Out of Patient Care: Beating Sepsis

By Joe Randolph | As we reflect on 2016 and move full speed into 2017, I am hopeful that the physician inventors we are working with through The Innovation Institute, a national health care technology incubator, will get closer to beating sepsis, the leading cause of preventable death in developed and developing countries around the world.…

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Medical Construction & Design | The Innovation Institute Adds Office Furniture Group to Portfolio of Health Care Service Providers

Office Furniture Group has joined The Innovation Institute as one of its healthcare service company subsidiaries. According to OFG President Scott Lazarus, OFG represents over 250 manufacturers and, as a Platinum Teknion dealer, has the necessary tools, resources and talents to conquer any project on a local, national and international level. More…

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TechNation | Tech Knowledge: Understanding the Bottom Line

By Jeff Niederhausen | Whether you are a technician or in management, keeping the financial bottom line in mind in everyday business is an important part of creating a superior or great biomedical program. It doesn’t make a difference if you are an in-house group or working for a third-party vendor. In today’s health care…

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ABC 30 Action News | Business Booming for Fresno Medical Supplier

The healthcare industry is fueling a local business, so much so they’ve expanded. At MultiMedical Systems in northwest Fresno, getting medical supplies to customers is serious business. Equipment like ventilators line their shelves, and they’re ready to head out the door to hospitals across the area and they just expanded their 10,000 square foot facility.…

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The Fresno Bee | MultiMedical Systems Expands in Fresno

MultiMedical Systems, a medical equipment maintenance and repair business in Fresno, is expanding rapidly since merging last year with the Innovation Institute, a collaborative of health systems. MultiMedical, established in 1996, has doubled its office space on Golden State Boulevard, near Tac-Ops Laser Tag, in northwest Fresno. It occupies 10,000 square feet of space and…

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TechNation | Tech Knowledge: Taking the Lead

By George Hampton | Carrying a tool kit is everyday life for a healthcare technology management (HTM) professional. We all do it or did it. If you do it long enough (for me that was 16 years), you might have an opportunity to move into a leadership position. It’s a major decision, and one rife…

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Health Facilities Management | Collaboration Aids Planning and Operations

At the La Palma, Calif.-based Innovation Institute’s Petra Integrated Construction Strategies subsidiary, for instance, Chris Hickman, assistant vice president of planning and design, is attempting to develop a system that allows health care leaders to decide between repairing or replacing various mechanical-electrical-plumbing and telecommunication systems over the wide range of facilities found in integrated health…

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CIO | Surgeon, Innovator and Entrepreneur Shares Insights

By Larry Stofko | It was quite inspiring to hear Jeffrey Hausfeld, MD, founder and chairman of the Board of the Society of Physician Entrepreneurs (SoPE), speak recently about his experience as a surgeon, innovator and entrepreneur. This was during the inaugural meeting of the Society’s Orange County/San Diego Chapter held at our Innovation Lab…

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ABL Healthcare Online | The Innovation Institute Named as Finalist for 2016 Innovations in Healthcare ABBY Awards

The Innovation Institute announced today that it was among the Finalists for the 2016 Innovations in HealthcareTM ABBY Awards presented by the Adaptive Business Leaders (ABL) Organization. Winners were announced at the Awards Event on October 26, 2016 in Long Beach. The Innovation Institute, which focuses on transforming healthcare through the development of innovative new products, services,…

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