A newsletter for Healthcare Innovators
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John Pritchard
(770) 263-5262
jpritchard@sharemovingmedia.com
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Welcome to the first-ever newsletter from the Health Innovators Hub! If you are interested in Healthcare Innovation and work for:
- Health System
- Technology Company
- Device Supplier
We want you to be part of our community!
At the Health Innovators Hub, we will:
- Profile the movers and shakers in Innovation
- Share firsthand accounts of IDN Innovation centers
- Cover all the news and trends in Healthcare Innovation
Please share with your colleagues or anyone you know that will want to stay in tune with Healthcare Innovation.
Thanks for reading,
John Pritchard
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Check out more information here:
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Dr. Kenneth Kinzler, left, and Dr. Bert Vogelstein are among researchers at Johns Hopkins Sidney Kimmel Comprehensive Cancer Center who have worked to develop the test.
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Baltimore firm raises $110M to bring Johns Hopkins' cancer-detecting blood test to market
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A newly formed Baltimore company has raised $110 million to commercialize a cancer-detecting blood test, developed by Johns Hopkins researchers, that doctors would give patients during routine physicals.
The blood test aims to detect cancer at earlier stages, when it is easier to treat. It’s designed to detect multiple cancer types, including pancreatic and ovarian cancers, two of the deadliest types.
Thrive Earlier Detection Corp. plans to seek approval to bring the CancerSEEK test to market, officials at the Johns Hopkins University said.
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Kent Lehr,
VP Strategy
& Bus. Development
UnityPoint
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UnityPoint Health launches $100M venture fund to invest in early-stage growth startups
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At UnityPoint Health, we’re committed to investing in ideas and partners that provide an easier, more personal experience for our patients and providers. That’s why we founded our Innovation Venture Fund in 2019, which manages financial and strategic investment opportunities.
These direct investments will be made in early-stage growth companies across four key areas:
- Digital Health
- Medical Devices
- Therapeutics spaces
- Healthcare Services
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Hospitals look to venture capital as R&D extension
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Academic and nonprofit hospitals are increasingly embracing venture capital as a way to test new technologies, a shift away from the traditional reliance on developing in-house intellectual property.
Since their founding days, providers like Mayo Clinic and Cleveland Clinic have leaned heavily on investing in IP to test new products and services. More recently, players like Tenet, Trinity and Community Health Systems have become comfortable investing in externally-run funds. Now, hospitals of all sizes, types and tax status are giving corporate venture capital funds, where they invest directly in companies, a go.
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Banner Health bets on innovation with formation
of new initiative
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Banner Health, a nonprofit system headquartered in Phoenix, Arizona, has launched a new initiative: Banner Innovation Group, or BIG for short.
In a phone interview, Banner chief strategy and growth officer Scott Nordlund, who is leading the effort, explained that BIG was officially unveiled earlier this month. But it’s not the health system’s first time taking a stab at innovation. Banner already had existing innovative efforts in areas like telehealth and through its Imaginariums, which are akin to innovation incubators. BIG is a way to centralize all these pieces under one umbrella, Nordlund said.
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Scott Nordlund
Banner Chief Strategy and Growth Officer
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Novant Health opens Institute of Innovation & Artificial Intelligence
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Novant Health has launched the Novant Heath Institute of Innovation & Artificial Intelligence (AI), which will use AI to enhance personalized patient care. The institute will focus on the advanced technologies required to provide highly personalized care and accelerated solutions with actionable data and insights for preventive prediction, diagnosis and treatment to Novant Health’s patients.
The institute will partner with technology companies, research organizations, universities and other health care organizations to leverage the work already in place within Novant Health’s digital products and services team. It will also involve Novant Health’s highly engaged physician partners to participate in game-changing solutions for care delivery across their areas.
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Medical Innovation District: Fort Worth targets Near Southside for new hub
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The City of Fort Worth has big plans for a 1,200-acre area south of downtown for the creation of a first-of-its-kind regional medical innovation district. Not only could it attract new medical-related enterprises to the city—it might even become an innovation hub for the new TCU and UNTHSC School of Medicine.
The area is south of Interstate 30, called Near Southside. It’s already home to restaurants, businesses, Cook Children’s Healthcare System, Texas Heath Harris Methodist, Baylor Scott & White, and Medical City Fort Worth, along with numerous housing.
With a medical innovation district designation, that area could attract thousands more medical, tech, and healthcare jobs.
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Innovation Program Spotlight: Boston Children's Hospital
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Boston Children's Hospital launched the Innovation & Digital Health Accelerator to broaden its digital health offerings and encompass remote care services, clinical decision support tools and interoperable technologies.
The accelerator's portfolio of solutions includes HealthMap, a surveillance tool that maps emerging public health threats in real time, and KidsMD, a voice-enabled tool for Amazon's Alexa platform. Through these innovations and active partnerships with industry leaders, Boston Children's aims to expand access to its pediatric services and expertise.
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Health Innovators Hub
Share Moving Media
1735 North Brown Road
Suite 140
Lawrenceville, GA 30043
(770) 263-5262
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