About The Institute

The Innovation Institute is a provider of business services, innovation solutions and investment management services to health systems. The Institute is structured as a for-profit company owned exclusively by seven founding non-profit health systems in order to retain capital within the Membership.

Our Mission is to develop growth and innovation in collaboration with like-minded partners, transforming healthcare by “doing more, with less, for more people.” Our Vision is to create a significant and successful independent vehicle that forms a collaborative partnership among leading health systems. This platform will enable innovation of high-quality, cost-effective solutions and growth of new revenue sources that address the reimbursement “gap” on behalf of our Members.

The Institute consists of three primary elements: (i) the Innovation Lab, (ii) the Enterprise Development Group (“EDG”) and (iii) the Growth Fund.

1. The Innovation Lab is an incubator that cultivates ideation among a hospital’s physician/employee base, develops IP for disruptive breakthrough innovations and brings technology transfer to market.
2. The Enterprise Development Group is a shared-service model that transforms hospital cost centers into revenue-generating businesses with leading best practices.
3. The Growth Fund invests capital into innovative emerging companies on a value-added basis, leveraging our physician network for due diligence, our operational leadership capabilities and our hospital network for commercialization opportunities.