Hospital Innovation Wish List

In assessing specific needs for innovation, The Innovation Institute collaborates with its member owner health systems regularly to determine what their most pressing needs are. It is most often found that the biggest need is to cut costs and boost hospital efficiency. Expansion, embracing change, seeking new opportunities, and innovation are a way of life…

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Becker’s Hospital Review | Immunology and Innovation

I have always loved science. As a kid, I collected bugs. As a college student, I shadowed doctors and studied autoimmune disease in the lab. My difficulty in separating emotion from the practical side of medicine eventually compelled me to pivot away from the bedside to the bench and pursue a Ph.D. in immunology. The…

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PBS NewsHour | California Housing Shortage Adds Stress for Now-Homeless Fire Victims

Petra Integrated Construction Strategies Steps in to Help Santa Rosa Memorial Hospital’s Now-Homeless Fire Victims The Northern California wildfires in October 2017 destroyed thousands of homes and killed 42 people. In the aftermath, there are those who have stepped in to help. Todd Salnas, president of Santa Rosa Memorial Hospital and 152 staff, including more…

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Becker’s Hospital Review | The Innovation Institute | 58 Hospitals and Health Systems with Innovation Programs 2017

The Innovation Institute (La Palma, Calif.). The Innovation Institute came to fruition in 2013 as a for-profit limited liability company, and now encompasses 15 portfolio companies with revenues exceeding $200 million. The Institute’s mission involves developing solutions via collaboration and providing more care with fewer resources. The Innovation Institute comprises three elements: The Innovation Lab,…

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Orange County Business Journal | Institute Adds Owner

The Innovation Institute in La Palma added Mercy Health in Cincinnati to its member-owner board, bringing the number to six. The Catholic health system, which serves Ohio and Kentucky, joins Renton, Wash. based Providence St. Joseph Health, Bon Secours Health System Inc. in Marriottsville, Md., Children’s Hospital of Orange County, Franciscan Missionaries of Our Lady…

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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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TechNation | Tech Knowledge: Suspending Disbelief in HTM: Looking Beyond a Traditional Point of View

By George Hampton | “Articulate, intelligent individuals can skillfully construct a convincing case to argue almost any point of view. This critical, reactive use of intelligence narrows our vision. In contrast, projective thinking is expansive, ‘open-ended’ and speculative, requiring the thinker to create the context, concepts, and the objectives” – Linda Stone. Feb 6, 2011.…

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New Hampshire Business Review | California Incubator Supports Health Care Professionals’ Innovations

Innovation in health care takes longer and costs more than some investors are willing to take on. And beyond regulatory hurdles, health care institutions are cautious when considering new products and services, leading to slower adoption rates than in other industries. In response to these hurdles, The Innovation Institute in La Palma, Calif., was founded in…

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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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Westfair | Xerox Joins Innovation Lab to Explore Health Tech

Pioneers of Technology Platforms to Help Innovation Lab Galvanize Breakthroughs in Health Care Norwalk-based Xerox Corp. and its PARC subsidiary have joined in a partnership with Innovation Lab, an Innovation Institute company, to collaborate on exploring medical technology, engineering and robotics solutions to improve the quality of health care. The Innovation Institute, of La Palma,…

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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 Doctor Weighs In | Designing a Safer Breathing Tube for Patients and Caregivers

The innovative BayWin valve allows for deep suctioning of mechanically ventilated patients without the risks associated with breaking the closed circuit. There are approximately 1.65 million Intensive Care Unit patients who are mechanically ventilated in the U.S. each year. In addition, mechanically ventilated patients are found in long-term acute care (LTAC) facilities, extended care and…

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TechNation | Tech Knowledge: A CFO’s Perspective

By Jeff Niederhausen | I have been asked many times through the years, “How did you go from biomed to finance?” The truth of the matter is, I never was in biomed or had any training in it. I have always been in finance and accounting. I am someone who happened to stumble upon a…

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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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TechNation | Company Showcase: Tech Knowledge Associates

Tech Knowledge Associates (TKA) was formed in 2012 when St. Joseph Health System (Southern California, Northern California and Texas) decided to spin the Clinical Engineering program out into a commercial enterprise called The Innovation Institute. Since its beginnings, TKA has achieved success by positioning itself to provide highly cost-effective CE/HTM services for members of The…

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Beckers Hospital Review | 13 Hospital and Health System Executives on Successful Partnerships

Innovation Institute Named as Most Successful Partnership Hospitals and health systems are constantly forming partnerships and aligning with other organizations to optimize care and reduce costs. Here, 13 hospital and health system executives discuss some of their most successful partnerships. Matt Gerlach. COO of Children’s Hospital of Orange (Calif.) County: “Innovation is a big part…

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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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Innovation Institute Participates in CHA Assembly as 2017 Platinum Sponsor

Health System Leader Member Owners Honored On June 11-13, 2017, The Innovation Institute and some of our Enterprise Development Group portfolio companies participated in the Catholic Health Association (CHA) Assembly conference in New Orleans. We served as a Platinum Sponsor and showcased FutureSense, Healthcare Coding & Consulting Services, inHealth, O’Brien Group, Summit Talent Group, Tech Knowledge Associates,…

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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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