Innovation

UPMC is tackling data challenges in healthcare through the launch of its new company Realyze Intelligence, an artificial intelligence and natural language processing platform that identifies specific patient populations and links them to most beneficial treatments. 

As its newest executive director, D. Geoffrey Vince, PhD, is spearheading Cleveland Clinic Innovations as the commercialization unit undergoes a strategy restructuring and backs the system's health IT expansions. 

From their thoughts on how to improve contactless technology to retail giants' healthcare consumerism efforts to how to better engage patients, here are five quotes about the role of innovation in healthcare that hospital and health system executives recently shared…

In the past few years, big tech companies and retail pharmacy chains have scaled up their  consumer-minded healthcare offerings. These efforts, from companies such as Amazon, Walmart and CVS, promise to improve affordability and convenience for patients.

D. Geoffrey Vince, Ph.D., was tapped to lead Cleveland Clinic Innovations as executive director, a newly created role, the health system said May 26. 

Here are three investments that health systems recently made in digital health startups and internal innovation efforts.

Paige, New York City-based Memorial Sloan Kettering's artificial intelligence spinout, teamed up with Quest Diagnostics May 25 to improve and expedite diagnoses for cancer and other diseases that need pathologic assessment.

Google hosts an annual press conference outlining the tech giant's latest AI-powered projects. This year, Google announced it is working on three artificial intelligence tools to assist in diagnosing serious diseases, such as breast cancer.

Mayo Clinic launched an artificial intelligence factory in September, and now it has about 60 projects underway, according to a May 18 article by The Wall Street Journal.

The pandemic imposed a significant delay on surgical innovation, one that will require a good deal of time and funding to overcome, according to Dr. Toby Gordon a healthcare policy and innovation expert and professor at Baltimore-based Johns Hopkins University.