Innovation

Radiology Partners, a physician-led practice in El Segundo, Calif., received approximately $700 million as an investment in the organization's potential hospital and health system partnerships as well as clinical technology and innovation.

Miami Dade College held a ribbon-cutting ceremony for the new Center for Learning, Innovation and Simulation on its Medical Campus on July 16, the Miami Herald reports.

Rice University celebrated the groundbreaking of the Ion innovation center in Houston's Midtown neighborhood on July 19, the Houston Chronicle reports.

The past 30 days have been busy for Renton, Wash.-based Providence St. Joseph Health's technology and innovation departments.

Even as major companies and health systems such as Starbucks, Walmart, Mount Sinai and Emory Healthcare launch lavish accelerators, incubators and research centers, experts estimate that up to 90 percent of these innovation hubs fail before achieving any real transformation.

Contrary to popular belief, not all new innovations are popularized and disseminated in the same way — that is, with a handful of early adopters kicking off a domino effect of exponential influence.

DEARhealth, a University of California Los Angeles spinout developing an artificial intelligence-powered care management platform, raised $6.8 million in a Series A funding round led by Philips' venture arm.

The Wexford Innovation Complex, a hub for science and technology research and education, broke ground in Providence, R.I., on July 17.

Peoria, Ill.-based OSF HealthCare and the University of Illinois at Urbana-Champaign together added a total of $50 million to the endowment for their Jump ARCHES medical research partnership to improve community health and patient care.

Contrary to the widely held belief that brainstorming sessions should be a time only of "yes, and" — that is, a time free of any criticism or judgment — the most innovative ideas are typically developed through pushback and constructive…