The Innovation Institute, a leading med-tech economic and innovation engine based in Orange County, is proud to announce its recognition as a finalist in the prestigious High Tech Awards (HTA) organized by Octane, Orange County, CA. Octane, a pivotal connector in the innovation ecosystem, is renowned for fostering relationships, capital growth and building community. This recognition under the top technology company category underscores The Innovation Institute's unwavering commitment to driving healthcare innovation and creating impactful solutions that benefit both local and national health systems.
At the heart of The Innovation Institute is the Innovation Lab, a dynamic incubator that transforms ideas from concept to commercialization. The Lab partners with health care innovators locally in Orange County and across the nation to develop and commercialize cutting edge medical tools, and healthcare delivery solutions. Examples of products include Move-D, a tremor stabilization brace and LiveBand BFR, a device that supports rehabilitation and recovery.
The Enterprise Development Group, another key component of The Innovation Institute, is a portfolio of healthcare-related companies that provide a wide range of services to health systems, hospitals, and other healthcare providers nationwide. This group generates cash flow to support the Innovation Lab and provides returns for The Innovation Institute’s health system owners.
In addition to its innovation and enterprise efforts, The Innovation Institute also participates in several healthcare-related investment funds, including LRV Health, Sandbox Industries, and HPA Growth Fund, further solidifying its position as a leader in healthcare innovation.
"We are honored to be recognized as a finalist at Octane’s High Tech Awards," said Mike McKinnon, President & CEO at The Innovation Institute.
This acknowledgment is a testament to our dedication to advancing healthcare through innovation and our commitment to making a positive impact on the communities we serve. We are proud to contribute to Orange County's reputation as a major hub for disruptive healthcare innovation in the United States.
As The Innovation Institute continues to grow, it remains focused on its mission to partner with healthcare systems, innovators, and venture partners nationwide, driving forward solutions that address real-world healthcare challenges. With revenues exceeding $200 million and a workforce of over 600 employees, The Innovation Institute is poised to continue its trajectory of success and make a lasting impact on the future of healthcare.
For more information about The Innovation Institute and its groundbreaking work, please visit www.ii4change.com.
About The Innovation Institute:
The Innovation Institute is a med-tech economic and innovation engine that drives the development of new healthcare products and processes. Owned by non-profit health systems, it leverages a unique business model to catalyze innovation, generate sustainability, and deliver returns for investors. The Innovation Institute is headquartered in Orange County, California, and operates on both a local and national scale.
About Octane:
Octane OC is a prominent organization that fuels innovation by connecting people, resources, and capital to drive technology growth in Orange County. The High Tech Awards celebrate outstanding achievements in technology and innovation across a variety of sectors, recognizing companies and leaders who are shaping the future of the industry.