Press Releases

Innovation Lab Rolls Out Elevating Arm Sling Across Pharmacy Locations

 Part of  Strategy to Deliver Better Health La Palma & Newport Beach, 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…

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Petra Integrated Construction Strategies Selected By Westwind Realty to Facilitate Build of Hospital in Lubbock, Texas

        La Palma, CA — Petra Integrated Construction Strategies (Petra ICS), a subsidiary of The Innovation Institute, has been selected by Westwind Realty to serve as advisors and owner representatives for the development of a new hospital that will replace the current Grace Medical Center in Lubbock, Texas. Westwind — formed as…

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RedCrow Announces Partnership with World Class Healthcare Incubator Innovation Institute

Connecting Healthcare Startups with Equity Crowdfunding via The Institute’s Expansive Network San Francisco, CA  — RedCrow Inc., an equity crowdfunding platform with a unique focus on well-curated opportunities within the healthcare industry, has announced a partnership with The Innovation Institute Inc., one of the foremost incubators for growing healthcare startups.  For their part, The Innovation…

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The Innovation Institute IT Firm Hospitality Business Network Solutions Completes First Internship for Taller San Jose Hope Builders’ IT Program

La Palma, Calif. –   The Innovation Institute subsidiary Hospitality Business Network Solutions (HBNS), an IT management firm, has completed its first field internship for trainees of Hope Builders’ Information Technology Program. The 16-week intensive skills training program is provided through a collaboration between Santa Ana College Computer Science Department and Hope Builders. Participants complete the…

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The Innovation Institute Signs Agreement with Avera PACE to Offer Services to PACE Customers

La Palma, CA & Sioux Falls, SD – The Innovation Institute is pleased to announce that it has signed an agreement with the Avera PACE national group purchasing organization to showcase some of the service offerings of The Institute. Avera PACE provides healthcare systems and providers with personal service and access to cost-effective contracts, bottom-line savings,…

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Mercy Health Invests in The Innovation Institute

Fulfills Commitment to Transformative Healthcare La Palma, CA – The Innovation Institute is pleased to announce that Mercy Health, a Catholic health ministry serving Ohio and Kentucky, has signed an agreement to become its sixth member owner. The Innovation Institute is an independent for-profit LLC. It is structured to facilitate innovation among physicians, employees of health…

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Innovation Institute Chief Investment Officer To Speak at Connected Health Summit in San Diego

La Palma, Calif. –  The Innovation Institute’s Chief Investment Officer Barry Didato will serve as a keynote speaker at Parks Associates’ 4th-annual Connected Health Summit: Engaging the Consumer, August 29-31 in San Diego, CA. He will lead the Pitch Session: VC Perspectives on Connected Health Startups Live Pitch and Discussion. The executive conference features health…

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Innovation Lab Partners with Xerox and PARC to Develop Solutions That Improve Health Care

NORWALK, Conn.–(BUSINESS WIRE)–Xerox Corporation (NYSE:XRX) and PARC, A Xerox Company, will partner with the Innovation Lab, an Innovation Institute company, to tackle health care challenges through collaboration in medical technology, engineering and robotics. “The idea behind the partnership is to bring together an organization well versed in advanced technology, such as printed electronics, machine learning…

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The Innovation Institute to Host Hospital Association of Southern California Workshop Designed By FutureSense to Solve Nursing Span of Control Issues

      The Innovation Institute announced today that it will host a timely workshop Nursing Span of Control at its Innovation Lab in Newport Beach, Calif. on Sept. 14, 2017 from 9 a.m. to 12:00 p.m. The workshop for C-Suite executives is intended to help them resolve issues related to: The impact of Span…

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Tech Knowledge Associates’ Team Presents at MD Expo on Alternate Equipment Maintenance Program

Develops Template for Risk Assessment Process Irvine, Calif. – Tech Knowledge Associates (TKA), an Innovation Institute subsidiary that specializes in clinical technology management, announced today that their team will exhibit and present at the MD Expo in Irvine, Calif. April 9-11, 2017. MD Expo is a leading health care technology management conference that features world-class…

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The Innovation Institute and FutureSense, LLC Announce Joint Venture with O’Brien Group, LLC Focused on Executive Leadership Coaching and Executive Team Consulting

Helping Health Care Executive Teams Lead Better, Live Better and Achieve More. The Innovation Institute and FutureSense are pleased to announce that the O’Brien Group, a health care executive coaching firm, is the newest member of its Enterprise Development Group (EDG) portfolio of health care service companies. Established in 1992 and based in Cincinnati, Ohio,…

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Population Health Solutions Provider inHealth Strategies Joins The Innovation Institute as Subsidiary

Population health solutions provider inHealth Strategies has joined The Innovation Institute as its 14th Enterprise Development Group subsidiary. The company is a niche player in the emerging, value-based health care industry offering evaluation and planning for population health solutions, customized wellness services, and innovative care models. Their services are aimed at effectively managing the health…

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The Innovation Institute Welcomes Dr. Christina Waters, Life Science Innovation Expert

La Palma, Calif. – March 30, 2017– The Innovation Institute announced today that Dr. Christina Waters has joined the organization to serve as the Innovation Lab Executive in Residence, specializing in life science innovation. Dr. Christina Waters has been responsible for leading medical research in a broad range of organizations ranging from academia and disease –…

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The Innovation Institute Adds Office Furniture Group to Portfolio of Health Care Service Providers

Office Furniture Group (OFG), an interior workplace systems and furniture solutions provider, based in Irvine, California, has joined The Innovation Institute as one of its health care 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…

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MultiMedical Systems Expansion and Ribbon Cutting Ceremony

Showcasing Freedom Medical Rentals on January 26, 2017 Fresno, Calif.– MultiMedical Systems (MMS), a subsidiary of The Innovation Institute, will host a ribbon cutting ceremony on January 26, 2017 at their corporate office located at 5591 N. Golden State Blvd., Fresno, CA 93722. MMS, a clinical engineering service company that serves hospitals, surgery centers, imaging…

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The Innovation Institute Launches Project Breathe to Build Community Dedicated to Tracheostomy Tube Redesign

Today, The Innovation Institute announced its support of Project Breathe, an initiative dedicated to the redesign and improvement of the tracheostomy tube. “Thousands of people are dependent on tracheostomy tubes, sharing common challenges and work-arounds. So, we set out to comprehensively re-design the tracheostomy tube with the collective input of trach users, their families, a…

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FutureSense Welcomes Corinne Sinnigen as Principal

Helping Organizations Experience Success with Business Transformation, Technical Implementation, Strategic Planning and Outsourcing Efforts FutureSense, LLC is pleased to welcome Corinne Sinnigen as its principal effective December 1, 2016. Sinnigen’s company, ChangePac, LLC will combine with FutureSense, LLC as part of FutureSense’s mission to expand its expertise in change management and facilitation. Established in September…

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The Innovation Institute Subsidiary Healthcare Coding & Consulting Services Named 2016 Business Partner of the Year by HomeTown Health

The Innovation Institute’s Enterprise Development Group subsidiary Healthcare Coding and Consulting Services (HCCS), based in Fort Myers, Florida, has been presented with the “2016 Business Partner of the Year” award by HomeTown Health, an organization of 70 rural hospitals in the Southeast. The award was presented at HomeTown’s 17th Annual Fall Conference held at Callaway Gardens…

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SoPE Founder Shares Entrepreneurial Insights During Orange County/San Diego Chapter Inaugural Meeting at Innovation Lab

  Jeffrey Hausfeld, MD, MBA, founder and chairman of the Board of the Society of Physician Entrepreneurs (SoPE), spoke on November 1 during the inaugural meeting of the Society’s Orange County/San Diego Chapter held at The Innovation Institute’s Innovation Lab in Newport Beach. SoPE, an alliance partner of The Innovaton Institute, is a biomedical and…

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Orange County Chapter of California Academy of Family Physicians Visit Innovation Lab in Newport Beach

Family Physicians Encouraged to Innovate as They See Obstacles in Frontlines of Patient Care Newport Beach, Calif. –– On October 11, The Innovation Institute welcomed about 45 physicians from the Orange County Chapter of the California Academy of Family Physicians (OCCAFP) to the Innovation Lab in Newport Beach, Calif. for a tour and an overview…

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The Innovation Institute and Deloitte Establish Strategic Marketplace Alliance

Organizations will collaborate on internal audit and other advisory services for health care organizations The Innovation Institute announced  today its new strategic marketplace alliance with Deloitte to collaborate in offering internal audit, shared services and other advisory services to the health system sector. According to The Innovation Institute President and CEO Joe Randolph, “The Innovation…

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The Innovation Institute Signs Exclusive Global Agreement with Society of Physician Entrepreneurs

The Innovation Institute announced today that it has signed an exclusive global agreement with the Society of Physician Entrepreneurs (SoPE), a biomedical and healthcare innovation network of over 25,000 international members, to collaborate on concepts, ideas, and solutions that will improve healthcare delivery. SoPE has 20 chapters worldwide. “This partnership gives SoPE the opportunity to…

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The Innovation Institute Acquires TriStar Health Partners to Create Unique Healthcare Innovation Investment Company

La Palma, Calif. & Nashville, Tenn.  – The Innovation Institute announced today that it has acquired controlling interest in Nashville-based TriStar Health Partners, LLC, to advance its healthcare-focused investment management platform, the critical third element of The Institute’s business model. By helping to grow early-stage healthcare and life science companies, TriStar Health Partners aims to…

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The Innovation Institute Acquires Hospitality Business Network Solutions to Provide IT Managed Services and Wireless Installations

Today, The Innovation Institute introduced Hospitality Business Network Solutions (HBNS), based in Corona, Calif., as its newest Enterprise Development Group (EDG) subsidiary company dedicated to the IT network industry. HBNS is a C-7 Low Voltage Systems licensed installer that provides expert IT managed services and wireless installations to optimize network performance. “For over 15 years,…

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The Innovation Institute and FutureSense Announce Acquisition of Summit Talent Group: Expanding People Strategy and Organization Solutions Services to Include Executive Search

The Innovation Institute and FutureSense are pleased to announce that Summit Talent Group has become a new member of its Enterprise Development Group (EDG) portfolio of health care service companies. Established in 2013, Summit Talent Group is an executive talent management and search firm with headquarters in Columbia, MD, with expertise in all facets of…

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Fullerton MOB Acquired Through Healthcare Property Advisor’s Growth Fund

Brea, Calif. – Representing the buyer, HPA Realty, Inc., a real estate development, brokerage, and property management firm in the healthcare industry, announced the purchase of a 20,800 square foot medical office building (MOB) at 101 Laguna Road, adjacent to St. Jude Medical Center in Fullerton, California for approximately $7,339,000. According to HPA President James McGrade, the…

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Tech Knowledge Associates Bioengineering Firm Introduces New Leadership

Ready to Roll Out Insourced Service Model Nationally Today, The Innovation Institute introduced two executive leaders of its biomedical engineering firm Tech Knowledge Associates (TKA). George Hampton will serve as president and Jeffery Niederhausen will serve as chief financial officer. Both served in clinical engineering for Catholic Health Initiatives (CHI). Hampton will be based in…

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