The Top 3 Reasons That Hospitals’ Tech Pilots Fail
Justin Brueck, vice president of innovation and research at Endeavor Health, shared three main reasons that technology pilots end up being unsuccessful at health systems.
Innovation Doesn’t Always Have To Involve The Latest Tech, MD Anderson Exec Says
While adopting new technology is obviously a big part of healthcare innovation teams’ work, there are plenty of worthwhile initiatives that don’t involve advanced technologies, pointed out Dan Shoenthal, chief innovation officer at MD Anderson Cancer Center.
When Investment Rhymes with Canada
Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.
Hospitals and Health System Executives Say Change Management is Essential for Innovation
A panel discussion of hospital executives at the ViVE event last month offered insight into the challenges of implementing innovation and what they have learned from their experiences.
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Is General Catalyst Buying Summa Health a Good Idea? Only Time Will Tell
General Catalyst just announced its plans to acquire Summa Health, an Ohio-based health system. Leaders from across the healthcare industry aren't sure how the deal will play out, given the novel nature of the deal and the involvement of one of the country’s most prominent VC firms.
Amazon Exec: We Love Innovation, But We Don’t Love to Talk About Who Pays for It
It’s easy to get caught up in the excitement surrounding innovations in the medical field, Amazon Pharmacy Chief Medical Officer Dr. Vin Gupta noted. But when talking about these innovations, healthcare leaders often fail to address questions about whether they will be covered by insurance and whether all patients will be able to benefit from them, he pointed out.
What Health Plans Wish the Healthcare Innovation Ecosystem Knew
A California payer lays out the three things she wishes all entrepreneurs knew about how to bring their ideas to market most effectively and initiate successful collaboration.
Unlocking Transparency in PBM Pricing
The TSX Venture Exchange has a strong history of helping early-stage health and life sciences companies raise patient capital for research and development.
3 Tech Investment Lessons From Houston Methodist’s Chief Innovation Officer
Roberta Schwartz, Houston Methodist's chief innovation officer, has had years of experience overseeing technology adoption at her organization. At a conference, she highlighted how important it is for digital health tools to have strong EHR integrations and encouraged hospital leaders to not be afraid of starting various technology initiatives in unrelated areas.
Glen Tullman’s 5 Predictions for Healthcare’s Future
Glen Tullman — CEO of care navigation company Transcarent, as well as former CEO of Allscripts and Livongo — discussed what he thinks the future of healthcare will look like during the HIMSS conference in Chicago. He laid out five predictions, including an increased focus on consumer expectations and more investment in AI.
J&J CEO: Our R&D Infrastructure Helps Us Maintain Innovation Amid an Uncertain Economy
Johnson & Johnson's CEO believes the company will maintain its strong reputation for innovation amid changing economic conditions because of its hefty investments in research and development. He said it's crucial to invest both internally and externally, as some of the most innovative and lucrative opportunities come from outside companies.
Meet the First Startup to Come Out of UC Davis Health’s Innovation Incubator
UC Davis Health announced the first startup to come out of its health tech innovation incubator. The company, named WellCent, is a platform that allows patients and caregivers to onboard medical devices into their home and access digital health resources.
At ViVE 2024, Panelists Share Prior Authorization Progress and Frustration in Payer Insights Program
At the Payer Insights sessions on Day 1 of ViVE 2024, a panel on prior authorization offered compelling insights from speakers who shared the positive developments in this area after years of mounting frustration. Speakers also shared challenges as they work with providers to figure out how policy developments and technology will work in practice.
3 Ways to Foster Innovation From Within
Give innovators guidelines that reward hard-fought failures. Look outside your organization and industry for breakthroughs to adapt, rather than products or procedures to adopt. Innovation isn’t something you acquire. It’s something you grow from within.
Why UNC Chose AWS as Its Cloud Partner to Launch 10 Startups Over 3 Years
The innovation institute run by the University of North Carolina at Chapel Hill teamed up with Amazon Web Services to create a venture studio to turn the university’s digital health research concepts into full-fledged startups. AWS’ platform beat out the other major cloud providers because it was “the most entrepreneurial,” according to the venture studio’s managing director.
Hospitals Can’t Afford to Lag Behind on Cloud Adoption, Microsoft Exec Argues
Healthcare has historically trailed other industries when it comes to the adoption of new technology. But providers that fail to get serious about bucking this trend are putting their businesses at risk for closure, according to John Barto, Microsoft’s chief digital transformation officer. Many clinicians end up leaving behind institutions that make them feel like they are stuck with archaic workflows and data management systems, he said.
Inside a VC Firm’s Strategy to Advance Equity and Diversity in Health Tech Innovation
Third Culture Capital (3CC) is a venture capital firm founded with the mission to foster more equity and diversity in health technology innovation. 3CC Founder and Managing Partner said the firm is intentional about connecting to the “unique lived experiences” of the founders it invests in, as this approach ensures that it is not just checking its diversity boxes.
UnityPoint CEO warns other health systems not to make the same tech adoption mistake that his did
UnityPoint Health CEO Clay Holderman said his health system made a mistake when it used to leave decision making concerning new technology adoption up to the director of its venture fund instead of involving its frontline clinicians. UnityPoint’s clinicians didn’t take too well to this, so the health system re-structured its technology adoption process to prioritize the voices of its clinical staff.