The first days of summer will see the installation of a new MRI building at St. Joseph Health, St. Mary Medical Center that will serve patients from across the High Desert region and beyond. Petra ICS and Healthcare Design & Construction, both Innovation Institute companies, have been working together as a team preparing the site…

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La Palma, Calif. – FutureSense, LLC is pleased to welcome Dan Walter (Managing Consultant), Melanie Jameson (Senior Consultant & Director, Marketing and Communications), and Kellie Fielding (Consultant & Director, Client Success). Walter, Jameson, and Fielding come most recently from Performensation and will combine their skills with FutureSense, LLC as part of FutureSense’s mission to expand…

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By Joe Randolph | As patient care is transformed with pressures on margins and disruptive outside players, many health systems are struggling with how to energize their workforce to make the necessary changes. The industry is experiencing consolidation through mergers in an effort to gain synergies from reduced overhead expense and market leverage. At the…

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By Betsy Taylor | SAN DIEGO — U.S. health care venture fundraising totals more than $9 billion annually and health care systems are contributing a growing portion of that amount. Three venture investment executives provided insight at the 2018 Catholic Health Assembly about models to support such investing and strategies for success in the field. Mary…

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By Jim Finkelstein, President and CEO, FutureSense, LLC & Sheila Repeta, Senior Consultant, FutureSense, LLC | Innovation is a word that frequently instills fear into leadership. Innovation means new and new is synonymous with change and risk. Managing risk frequently tops the governance priority list, whereas discussions about innovation often go by the wayside. As…

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LA PALMA, Calif. – Petra Integrated Construction Strategies has a new white paper available: Changing Dynamics of Medical Office Space – Perspective on Market Influences that are Driving Change, which provides perspective as to the history of medical office development post WWII leading up to trends, strategies and tools influencing disruptive innovation. Planning concepts to…

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HPA Realty Inc. in Brea purchased approximately 195,000 square feet of industrial and medical offices at 2727 and 2767 Imperial Highway for $47.3 million. Fullerton-based St. Jude Medical Center is one of the anchor tenants. HPA will serve as the leasing and property manager for the Brea Imperial Centre. The investment was made through the…

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HPA Realty, Inc. acquired roughly 195,000 square feet of industrial and medical office space within Brea Imperial Centre for $47.3 million. The properties are located at 2727 and 2767 Imperial Highway, with one of the anchoring tenants as St. Jude Medical Center. HPA’s James McGrade indicated the purchase was made through HPA’s Growth Fund, as…

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By Larry Stofko | Rock and Roll Hall of Famer Jerry Harrison, most widely known as a songwriter, guitarist and keyboardist for the ’80s new wave sensations Talking Heads has co-founded an equity crowdfunding portal called RedCrow. Founded in November 2016, RedCrow’s mission is to help investors discover privately held, early stage start-ups in the booming…

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Partners With Apothecary For Full CVS Launch By Sherry Hsieh | Innovation Institute, founded five years ago as an incubator to commercialize internal medical innovation by doctors, nurses and other hospital care providers in its six health system-owners network, has done exactly that. Its subsidiary Innovation Lab, in partnership with Apothecary Products LLC in Burnsville,…

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La Palma, CA –  Today, the Innovation Lab, a subsidiary of The Innovation Institute, which serves as its health care incubator, announced the rollout of the CVS HealthTM Elevating Arm Sling, a custom-designed hand elevation support. In partnership with Apothecary Products, LLC, the Elevating Arm Sling is now available in CVS Pharmacy locations across the…

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The developer of a new Lubbock hospital resulting from Covenant Health’s acquisition of Grace Health System was announced Thursday. Petra Integrated Construction Strategies, a subsidiary of The Innovation Institute, has announced its selection by Westwind Realty to serve as advisors and owner representatives for the development of a new hospital in Lubbock. The hospital will…

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By Joe Randolph, President and CEO, The Innovation Institute | With recent partnerships with GeneFolio, an affordable drug-drug-gene test and knowledge base that helps clinicians more accurately diagnose and treat patients based on how they metabolize certain medications; and 2bPrecise, which captures and disseminates genomic information, The Innovation Institute is geared up to disrupt health care…

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By Joe Randolph, President and CEO, The Innovation Institute | With recent partnerships with GeneFolio, an affordable drug-drug-gene test and knowledge base that helps clinicians more accurately diagnose and treat patients based on how they metabolize certain medications; and 2bPrecise, which captures and disseminates genomic information, The Innovation Institute is geared up to disrupt health…

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Actionable insights to be delivered within providers’ workflow for exceptional genomic and clinical care for patients. HIMSS 2018 – LAS VEGAS – March 7, 2018 – 2bPrecise®, LLC, and The Innovation Institute announced today that they have entered into an agreement that lays the foundation for 2bPrecise to deliver a pharmacogenomics knowledge base to the…

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Hope Builders, founded by the Sisters of St. Joseph of Orange in 1995, empowers disadvantaged young adults with the life skills and job training needed to achieve enduring personal and professional success. The project was a response to increasing gang violence, high youth unemployment, low high school graduation rates and rising teen pregnancy rates in…

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By Stephanie Baum | Even for health systems and healthcare organizations that don’t have their own venture fund or accelerator, there is still an interest in being part of a larger network that offers an easier, vetted pathway to collaborate with innovative startups. Boston-based investment firm LRVHealth, formerly known as Long River Ventures, has partnered…

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