What Is the Process of Innovation in Today's Healthcare?

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Some of it's mission is pretty straight forward, it's to improve patient care, and there are a lot of ways of doing that and some of it's mission is to be able to reach into the great technologies that are happening in academic centers, and pull them out to address important on that clinical needs.

For us, innovation is a process. It's not a, its not a verb. It's basically the ability to take an unmet clinical need, and to be able to stimulate support and translate that into something that impacts patient care. So the metric at the end of the day is improve patient care, to help find first really good problems and then find potential solutions and individuals that can contribute to that problem and bring them together and give them a little bit of money.

But most importantly provides some facilitation. To provide support in a really complicated journey of introducing new innovations until into the health care. The biggest challenges are clearly around the complex nature of the health care. And the fact that it need to have collaborations between different groups to address those multiple challenges.

And typically those groups are operating behind in different institutions and they don't talk the same language, they have different motivations. You look at those other industries and generally speaking, you don't have the number of players that you have in the health care. So, I agree.

I think the health care is slow compared to the other industries are really adopting change which often times is in relation [XX]. Technology is really critical in being able to support healthcare. Look at every other industry and what has health technology done? Typicaly, it has provided step changes in performance while slashing costs.

One of the key things to make sure that the technology doesn't interfere is to put the technology in the background as opposed to the foreground. I can see situations where a clinician will be in a clinical setting, taking a reading off of a blood pressure cuff or whatever, writing it down on his or her scraps going how on do a terminal and keying it in.

That's crazy in today's world. EMR is a huge part of the solution and not only with EMR but one of the ironies is EMR as of heard often times create distance between the clinicians and the patients because I'm looking at the records. So, one of the things that seems to be working on within this world is the [XX].

Both of the data but also the medical devices, that need to be able to dump data into any amount and even more importantly, take the information that assists with an EMR, process it in any way and provide that information to a clinician at the point of decision making. So that they can be better in the form to go what the are, about what they are.

I think to a large degree that this is something that does requires the very close collaboration between our government leaders, our community leaders, our healthcare providers. So it does require a non-political rational discussion about how to address those, and I am afraid today that I'm not seeing frankly very many rational discussions that are in a national level.