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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MedCity News | LRV Health Cultivates Innovation Collaborative with Health Systems for $100M Fund

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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Xconomy | Hospitals Back New LRVHealth Fund To Forge Alliances With Startups

By Jeff Engel | The healthcare industry has a reputation for being slow and resistant to adopting new technologies. But more hospitals are starting to collaborate with—and even invest in—high-tech startups. The latest example is a new Boston-based venture capital fund announced Monday. LRVHealth, formerly known as Long River Ventures, said it’s planning to raise…

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Healthcare Informatics | LRVHealth’s $100M Venture Fund Includes Health Systems as Investors

By David Raths | Former Premier exec Keith Figlioli joins investment team   Boston-based investment firm LRVHealth has launched an early-stage platform for digital health, medical devices and diagnostics, fueled by $100 million in venture capital. Partnering on the fund are more than 20 healthcare industry insiders and thought leaders, eight national healthcare systems and…

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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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Bankless Times | RedCrow Partnership Connects Healthcare Startups to Equity Crowdfunding

RedCrow, an equity investing platform focusing on opportunities in medical technology, today announced a partnership with The Innovation Institute, an incubator for growing healthcare startups, to promote qualified companies within the sector. The partnership will give startups exposure to crowdsourcing and equity crowdfunding with direct access to RedCrow’s professional pool of investors. Co-founded by Brian…

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Hospital Topics | An Interview with Joe Randolph, President and CEO, Innovation Institute, La Palma, California, USA

  Hospital Topics, a quarterly journal that is the longest continuously published healthcare journal in the United States features an interview with The Innovation Institute President and CEO, Joe Randolph. Randolph mentions that some of the key characteristics that went into the forming of the Institute model are the following: Independent Financially viable or self-sustaining…

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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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Newport Beach Magazine | Evolving Innovation

The following article about Innovation Lab inventor NASA astronaut and medical doctor Scott Parazynski, M.D. was featured in Newport Beach Magazine October/November edition on Page 19. He shares about his conformal thermal pack for hot and cold therapy.

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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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