In the News

OC Business Journal | Credit Collaboration for Cripe’s Place on List

HEALTHCARE: CHOC boss cites Innovation Institute as latest example Vita Reed   Monday, May 11, 2015 You’ll find Kimberly Chavalas Cripe among this year’s OC 50, the Business Journal’s annual inventory of the most influential members of the community of business here, and the subject of this week’s Special Report (see pullout for profiles). You’ll also…

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Diabetes in Control | Pandemic Threatens Economic Prosperity

Diabetes has infiltrated the Middle East and is now leading to the deaths of nearly one in every three adults… This pandemic is largely an avoidable condition: diabetes; and it will soon begin to crush many of the economic dreams throughout the Middle East. Without innovation and dramatic new solutions, the growing economic prosperity throughout…

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Innovation Excellence | Why Investors Hate Medtech Innovation for Kids

by Barry Didato Medical Solutions for Children Julius Caesar once said, “Men believe that which they wish to be true.” Today, this statement rings true when sampling investors’ opinions that enough is being done to assist innovators trying to bring medical solutions to help sick children. Most investors are horrified to learn the reality is…

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For The Record | Tapping the Trenches for HIT Innovations

In today’s environment, declining reimbursement, rising costs, changing demographics, and the Accountable Care Act have been driving health care systems to seek new revenue sources. Many believe that incremental change and cost reductions will not be enough to make up the shortfall. Some even surmise that non-patient revenues will surpass patient revenues at some point…

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ZAWYA | U.S. Based Innovation Institute Looking Into UK and Middle East Healthcare Innovation Partnerships

Answering the healthcare innovation imperative globally, The U.S. based Innovation Institute announced today that Children’s Hospital of Orange County (CHOC Children’s) has signed an agreement to become a member owner and investor in The Innovation Institute, a healthcare innovation collaborative based in Newport Beach California. In the meanwhile, The Innovation Institute is in negotiation with healthcare…

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Health Facilities Management | Hospitals Test Out New Design Concepts

Organization improves project design and delivery process Petra Integrated Construction Strategies (ICS), La Palma, Calif., is working to innovate health care design and construction through advanced project management and delivery tools, and new facility design concepts. Petra ICS is a subsidiary of the Innovation Institute, La Palma, a for-profit organization owned by nonprofit health systems.…

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Health IT Outcomes | The Innovation Institute Shares Models for Innovation at SoCal HIMSS IT Conference

On March 4, at the Southern California Chapter of HIMSS (SoCal HIMSS) IT Conference at the California Endowment Center in Los Angeles, Calif., Larry Stofko, executive vice president of The Innovation Institute, moderated a panel to discuss which models for innovation are most effective. Ryan Kelly, PhD, senior commercialization officer, Cleveland Clinic Innovations, an alliance…

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InformationWeek | Mobile Medical Apps: To Be Or Not Be Regulated

The FDA has answered several critical questions on what health-related apps face scrutiny. On Feb. 9, the US Food & Drug Administration released guidance documents related to what kind of Mobile Medical Apps it will   regulate, and what types that it won’t. The FDA explained that “the rapid pace of innovation in mobile apps, and…

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CityBizList |Bon Secours Health System Kicks Off Inventor Forum Roadshow with The Innovation Institute

Bon Secours Health System has kicked off an innovation program that taps physicians and employees for medical product ideas that could potentially improve health care.In late 2013, the Health System entered into an agreement with The Innovation Institute, an independent medical product incubator, to facilitate innovation among its thousands of physicians and employees. The Institute…

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Orange County Business Journal | Summit Picks Brains About Healthcare Accelerators

Institute Hosts Event On Helping Efforts Succeed Vita Reed Tuesday, January 20, 2015 The La Palma-based Innovation Institute, a provider of business services and products and investment management services to health systems, is taking a broad role in championing its cause. The Institute was established in 2013 with an investment by Irvine-based St. Joseph Health.…

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Physicians News Network | Health Care Innovation Center Minds Meet to Collaborate and Develop Best Practices that Lead to Transformation

By Joe Randolph, President & CEO, The Innovation Institute  BluePrint Healthcare IT and The Innovation Institute hosted the Fourth Innovation Centers Summit Workshop at the newly opened Innovation Lab in Newport Beach, California. Innovation champions representing provider-based healthcare innovation centers from across North America gathered last November to develop best practices, learn about funding, how…

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Integrated Healthcare Delivery | Healthcare Innovation Center Minds Meet to Collaborate

In November, BluePrint Healthcare IT and The Innovation Institute hosted the Fourth Innovation Centers Summit Workshop at the Innovation Lab in Newport Beach, California. Innovation champions representing provider-based healthcare innovation centers from across the North America to develop best practices, learn about funding, how to succeed as a health care innovation accelerator and increase their…

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California Healthline | Choosing Niche Might Be Key to Success for Health Care Accelerators

Accelerators — technology-based approaches to traditional health system challenges — are accelerating. In 2012, there were about two dozen efforts that fit the definition. Now there are 115 in the world, 87 of them in the United States, according to the recent report, “Survival of the Fittest: Health Care Accelerators Evolve Toward Specialization.”  More….

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Newport Beach Magazine | An Entrepreneurial Spirit

In the beach culture of Newport—and the rest of Orange County—young surfers and skateboarders can be found trying tricks over and over again, falling down and picking themselves back up until they get the maneuver right. From a young age, this approach to life becomes ingrained; these traits, it turns out, also are important qualities…

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Med City News | How Sigma Six is Holding Back True Innovation in Healthcare

Today, most healthcare organizations operate in ways that are  antithetical to innovation. The trend in patient-centered healthcare is to focus  on stability, predictability, standardization and the avoidance of risk. Process  engineers are deployed to help hospitals and healthcare systems eliminate waste  and improve their organizations using Lean and Six-Sigma principles. Few  operators develop an effective…

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Physicians News Network | Innovation Lab in Newport Beach to Host Fall Innovation Centers Summit

The Innovation Lab in Newport Beach will be the site of the Fourth Innovation Centers Summit Workshop for provider-based healthcare innovation centers on Nov. 17-18. The event will have a highly interactive format, with breakout sessions and new master workshops, according to a joint statement by BluePrint Healthcare IT, The Innovation Institute and the Innovation…

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Information Week | A Petri Dish for Healthcare Innovation

When we designed the Innovation Lab in Newport Beach, Calif., we were seeking to facilitate both sustaining and disruptive innovation, both inside and outside of the walls of the lab. This has been a complex endeavor, but I believe we now have the framework needed to succeed. More…

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Healthcare Design Magazine | On-Site Corporate Clinics Provide Business Class Care

On-Site Corporate Clinics Provide Business Class Care                 In an effort to contain rising employee healthcare costs and attract and retain talent, more and more corporations are opening up healthcare clinics right inside their office buildings. “Studies have found that a typical day doesn’t include time to see a physician, and therefore, a majority of…

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InformationWeek|Personal Healthcare: Big Data Great, Small Data Better

Big data holds unlimited promise in healthcare, but first we must make small data seamless, simple, and inexpensive. Big data is a big deal for healthcare. It will help uncover correlations that can lead to cures and treatments for disease. However, small data is important, too — information from individuals can ultimately contribute to big…

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OC Business Journal | Innovation Institute Forms Staffing Company

The La Palma-based Innovation Institute, a provider of business services, products and investment management services to health systems, said today that it formed a new staffing business. Far West Staffing Services LLC is designed to provide technical and non-technical support staff on demand, primarily to the healthcare industry. Read more…

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Physicians News Network | Innovation Institute to Help OC Physician Bring ExerFloat Rehabilitation Device to Market

The Innovation Institute is working with physicians across the St. Joseph Health system to help them develop and commercialize their ideas for new products. “We launched the rollout in early November and already have over 40 ideas at various stages of evaluation,” said Joe Randolph, president and CEO of The Innovation Institute. One recent success…

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OC Register | OC Girls Learn About Jobs in Construction

ORANGE COUNTY GIRLS LEARN ABOUT JOB OPPORTUNITIES IN CONSTRUCTION About 40 young women from Orange County high schools recently learned about a career opportunity they might not have thought of before: construction. The girls took a tour of Newport Beach’s Innovation Lab on June 25 to learn about the possibilities in the construction industry and…

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