In the News

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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Pasadena Star News | The Innovation Institute and Caltech Sign MOU

The Innovation Institute and Caltech Sign MOU for Future Development Projects The Innovation Institute announced today that the California Institute of Technology (Caltech) has signed amemorandum of understanding that will give The Innovation Institute the opportunity to collaborate directly with researchers at Caltech on the development of new healthcare products. Read more…

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

How Six Sigma is holding back true innovation in healthcare By Joe Randolph 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…

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Medical Construction & Design | Petra-ICS Completes QVMC Herman Family Pavilion

QUEEN OF THE VALLEY MEDICAL CENTER HERMAN FAMILY PAVILION COMPLETE LA PALMA, Calif. – Petra Integrated Construction Strategies, a subsidiary of The Innovation Institute, announced it has completed the design and construction of The Herman Family Pavilion on the campus of Queen of the Valley Medical Center, Napa, California. Driven by California’s seismic mandate, Petra…

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Physician News Network | OC’s Bone-Rad Therapeutics Teams with Innovation Institute on New Bone Cancer Treatment

Orange County company Bone-Rad Therapeutics Inc. will work with The Innovation Institute to accelerate development of its new treatment for bone cancer by leveraging The Institute’s expertise, industry affiliations and resources. Read more… Harry B. Skinner, M.D., Ph.D., Professor Emeritus, Orthopedic Surgery, UC Irvine; Current Private Practice, St Jude Heritage Medical Group

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

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…

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Healthcare Constructions & Operations | St. Jude Medical Center Team Honored in Western Region

FULLERTON, Calif. — The design-build team for the St. Jude Medical Center Northwest Tower Project in Fullerton was recently honored with a Western Pacific Region Design-Build Distinction Award for design and construction. The tower project is currently under way, with an opening slated for November. The design team includes St. Jude Medical Center, Petra-Integrated Construction…

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Forbes | Innovation is Problem Solving…and A Whole Lot More

They say that necessity is the mother of invention, and I believe them, whoever they are. We can all agree that a problem can be a catalyst for a solution, and that many business innovations are born of business challenges. But is it really that simple? Perhaps innovation is more nuanced than that. As we…

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Information Week | Millennial Boomers Want Different Healthcare Conveniences

As systematic changes in US healthcare convert patients into consumers, hospitals must meet each generation’s measures of quality. The Hospital Consumer Assessment of Healthcare Providers and Systems, better known as HCAHPS (pronounced H-caps), is the national, standardized, publicly reported survey of patients’ perspectives of hospital care — an increasingly important metric as hospitals learn to…

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OC Register | Google Glass Taps Digital Technology

In its Quest to Transform Education, Google Glass Taps Digital technology. UC Irvine is teaming up with Google Inc. to become the first medical school in the nation to outfit its students with the company’s Glass wearable technology. Students will be able to witness doctors’ surgeries or patient visits up close and personal, while sitting…

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MedCity News | Looking to Physicians as Champions for Change and Innovation

Physicians are  scientists at heart. They are continuously seeking to learn new techniques and  ways to practice medicine. They are drawn to discovery and exploring new  frontiers. Physicians are champions for innovation. The Innovation Institute was  formed with this in mind. After only a few months of operation, we are beginning  to see some of…

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Information Week | How to Catalyze Healthcare Innovation

Innovation can be as simple as combining two ideas or asking what’s broken and needs to change. Innovation is often a matter of visualizing how to combine two great inventions. Take, for example, the wheel and luggage. Both were invented many years ago. Yet, the two didn’t merge together to create Rolling Luggage, US patent…

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Physician News Network | Are Most Great Physicians Innovators Too?

The answer to the title of this article is a resounding YES! Physicians are scientists at heart. They want to solve problems and find new ways to improve care delivery and health. Sure, physicians want to practice evidence-based medicine, but the top physicians also want to look for new approaches and the latest breakthroughs for…

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Orange County Business Journal | Hospitals Stretch Selves Into More Innovation

Hospitals Stretch Selves Into More Innovation Seek Entrepreneurs to Improve Healthcare, Bottom Lines Orange County hospital systems are moving deeper into the “business of innovation” as they seek to respond to changes in the healthcare sector. Such ventures take various forms, including business incubators and investments into various types of companies. Hoag Memorial Hospital Presbyterian…

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Physicians News Network | The Inventor’s Mindset

As Plato said many years ago, “necessity is the mother of invention.” This holds true today. If you took a close look at the millions of inventions that are part of our daily lives today, you would learn that many evolved from necessity or chance. Read more…..

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Catholic Health World | St. Joseph Health Creates Institute to Foster Innovation

In health care, there’s a lot of talk about collaborating to improve patient care and lower costs. But a hospital, where lives hinge on decisions made, or a physician practice, busy with day-to-day patient needs, often aren’t the best environments for the creative thinking that propels advancements in health care technology or the delivery of…

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Orange County Business Journal | Innovator Will Nurture Ideas for Healthcare Industry

  One of Orange County’s legacy health systems is collaborating with others in an effort to advance innovation in healthcare by developing products and services stemming from inventions and ideas of doctors and employees.The Innovation Institute, based in La Palma, is a for-profit, limited-liability company separate from Irvine-based St. Joseph Health, which launched it in…

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