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Innovation

UPMC's innovation, commercialization and venture capital arm plans to funnel a total of $1 billion into the development of new drugs, diagnostics and devices by 2024, the Pittsburgh-based health system announced Jan. 14.

An analytics-driven platform will be Mayo Clinic Platform's first venture, with an aim of using advanced data analytics and artificial intelligence to develop new treatments for disease, Rochester, Minn.-based Mayo Clinic announced Jan. 14.

Over the past couple years, "innovation" has become a strategic imperative for many hospitals and health systems, but what exactly is innovation — and how can leaders sustain innovative changes in their organizations long-term?

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Despite frequent reports that much of American innovation is centered in large urban regions such as Silicon Valley, New York City and Boston, a new report published in Research Policy suggests rural areas and smaller cities across the nation are just…

Rochester, Minn.-based Mayo Clinic has partnered with a California genomics company to develop a genomic database that could help physicians and researchers discover health conditions, according to the West Central Tribune.

Kaizen Health, a startup helping healthcare providers schedule non-emergency medical transportation for patients, announced on Jan. 8 the close of its Series B funding round, led by Des Moines, Iowa-based UnityPoint Health's investment arm.

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