Innovation

From their thoughts on how to choose which digital health startups to invest in to how healthcare innovation has been crucial to fighting the pandemic, here are six quotes about the role of innovation in healthcare that hospital executives shared…

Eight early-stage companies developing healthcare innovations to improve clinical technology and patient experience have advanced to the final stage of the Accenture HealthTech Innovation Challenge, the company announced Aug. 30. 

Olive on Aug. 26 launched Olive Ventures, an in-house studio seeking to create companies and products for the healthcare industry.

Charlotte, N.C.-based Atrium Health is planning its innovation district in Charlotte, N.C., where it will build a four-year medical school, innovation and research hub, according to an Aug. 24 Charlotte Business Journal report.

Grand Rapids, Mich.-based Spectrum Health Ventures is joining as a partner in private investment firm Auxo Investment Partners' acquisition of Altus Industries, the companies announced Aug. 24. 

When the pandemic emerged, hospitals realized digital innovation strategy was no longer a nice-to-have, but rather a must-have. Below, 10 innovation leaders from hospitals and health systems across the country share how their role has evolved since the pandemic began.

Hutchinson (Kan.) Regional Medical Center will serve as the first U.S. test site for a new drone-powered delivery network of healthcare resources including medicine, lab samples and vaccines, GovTech reported Aug. 19. 

Boston-based Harvard Medical School is launching a new precision medicine effort via a collaboration with Clalit Research Institute in Tel Aviv, Israel, the organizations announced Aug. 18. 

Karen Murphy, PhD, RN, executive vice president and chief innovation and digital transformation officer for Geisinger in Danville, Pa., joined the Becker's Healthcare podcast to talk about innovation amid the pandemic and how technology improves healthcare delivery.

As more health systems make investments in digital health startups to help address unmet needs in the healthcare industry, it is imperative that their selection process have a clear strategy.