by Larry Stofko

The Innovation Institute hosts Global Healthcare Innovations Alliance

Mar 30, 2016
3D PrintersEventsIT Leadership

A meeting of minds for the sake of collaboration for acceleration of health care solutions.

It was an honor for us at The Innovation Institute to host the Global Healthcare Innovations Alliance recently at our Innovation Lab in Newport Beach, Calif. The Alliance is a collaborative network of healthcare systems, academic institutions and corporate partners from around the world.

The Alliance includes our company, The Innovation Institute, based in Orange County, Calif. We’re a health care product incubator for five major health systems. It also includes Cleveland Clinic, based in Cleveland, with operations in Florida, Nevada, Canada and Abu Dhabi; MedStar Health, the largest healthcare provider in the Maryland and Washington, D.C. region; University of Notre Dame in Indiana; ProMedica, serving northwest Ohio and southeast Michigan; Marshfield Clinic system, with locations in northern, central and western Wisconsin; Parker Hannifin, based in Cleveland, with operations worldwide; NASA Glenn Research Center, based in Cleveland, with facilities across the U.S.; Cox Communications, a conglomerate based in Atlanta; and Lubrizol, based in Wickliffe, Ohio.

The Alliance serves as a multilateral network that allows members to share in innovation development and commercialization. Members gather once per year to learn from each other about how to succeed in delivering the most effective medical technologies and solutions to patients.

This alliance provides tremendous opportunities for us to share intelligence so that we can give our best to the innovation process. We were able to define each of our own competencies and identify projects and priorities that we could come together to accelerate the most viable and meaningful ideas tactically and strategically to create more value for all.

My colleague Brian Kolonick, general manager, Global Healthcare Innovations Alliance, said that bringing this group together allows us to collectively understand and appreciate the unique assets and contributions that each of the partners has within their own organization. The hope is that these identified parallels will become foundations for future collaboration.

The underlying theme for this gathering comes from an African Proverb, “If you want to go fast, go alone. If you want to go far, go together.”

The Global Healthcare Innovations Alliance, established by Cleveland Clinic Innovations, creates opportunities that benefit patients everywhere through scalable technology development and commercialization. In addition to innovation management and commercialization, The Alliance aims to identify intersections that can combine efforts in research, clinical investigation and technology development.