The U.S. Department of Veterans Affairs last month launched the National Artificial Intelligence Institute, which applies AI research and developments to advance veterans' healthcare, according to a Dec. 5 news release.
Innovation
What makes the most innovative companies stand out? Collaboration, strategic hiring, long-term focus
Plenty of organizations have launched innovation initiatives in recent years, but not all have succeeded. Those that have, however, share several key qualities, according to the Harvard Business Review.
Edison, N.J.-based Hackensack Meridian Health announced Dec. 4 an investment in Adaptive Phage Therapeuticals, a clinical-stage company developing precision treatments for multidrug-resistant superbugs.
Partners HealthCare Chief Innovation Officer Chris Coburn discusses Partners Innovation team and its culture of managing high volume workstreams while also excelling at intense, highly complex deal making.
Hospital and health system executives shared wisdom and advice about innovation in healthcare with Becker's Hospital Review in November.
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HealthVoyager, a virtual reality-enabled software platform developed by Boston Children's Hospital and Klick Health, was named on Dec. 2 the winner of Eli Lilly's inaugural digital health innovation challenge.
Clemson (S.C.) University and Greenville, S.C.-based Prisma Health announced on Dec. 2 the first Clemson-Prisma research team beneficiaries of the organizations' healthcare-focused Innovation Maturation Fund.
At University of California San Diego Health, Matthew Jenusaitis, chief of staff and chief of innovation and transformation, oversees one faction within the academic health system's robust, three-pronged innovation strategy.
Several hospitals and health systems have launched innovation funds and used existing funds to invest in innovative startups in recent months.
Despite steadily increasing investment in scientific research — comprising dollars spent, number of PhDs trained and articles published — productivity, typically seen as a direct measure of innovation, is decelerating in the U.S., according to the Harvard Business Review.