Why We Innovate
Where We Innovate
Predict & Prevent
Research and Analysis
With BI, data analytics and data visualization, organizations are now able to go beyond simple tabular reporting to look at patterns, comparisons, trends and outliers – gaining a better perspective on how making changes in one process or function will affect another process or function.
We seek cutting-edge technologies and tools that integrate data findings with narration to better understand consumers’ behavior and journeys and to predict or anticipate their needs.
Population Health
Process, People and Care
Here’s the place of real change. How do we challenge the status quo to bring about change to those that need it the most?
We look for ways to serve the underserved, democratize access in rural communities, empower elderly patients and caregivers, etc.
Disruptive Solutions
Practices, Solutions and Technology
Let’s challenge the status quo and redesign healthcare delivery with unconventional ideas to solve the major pain points.
Disruptive innovation replaces an effective solution, or a traditional model that means more of the same, with a new approach that results in the creation of a new market (or need) or reshapes existing ones. This includes everything from new medical devices to apps that enhance patient-doctor interaction. This is the profound change our patients deserve and require.
Community Ecosystem
Good ideas can come from anyone, anywhere.
We seek to build a Memphis Ecosystem where all stakeholders work together toward true innovation.
The Center for Innovation partners with start-ups, entrepreneurs, universities, scaled-up corporations and other healthcare organizations to accelerate their success and maximize our impact.
Ideate & Discover
We source ideas from multiple sources, internal and external, and evaluate which will being the greatest value to the people we serve, including the broader healthcare industry.
Develop & Test
We provide a structured framework to generate, develop and test ideas and concepts to determine their viability, likeability, and feasibility, all while applying incremental changes to refine promising solutions.
Implement & Scale
We provide the needed capabilities and resources to carry out the ideas that have resulted in successful pilots and trials across our care system or the healthcare industry.
Our Innovation Lab
Here we support employee innovation with a structured framework to generate, develop and test ideas to determine if they’ll benefit our patients and the broader healthcare industry.
Our Innovation Lab
Here we support employee innovation with a structured framework to generate, develop and test ideas to determine if they’ll benefit our patients and the broader healthcare industry.
The Access Incubator
This is where outside entrepreneurs and inventors are given access to our health system’s resources to generate, develop and test ideas to determine if they’ll benefit our patients and the broader healthcare industry.
Venture Solutions
Venture Solutions turns ideas from the Innovation Lab and Access Incubator into actual business ventures and scales them throughout our system and the broader industry.
Venture Solutions
Venture Solutions turns ideas from the Innovation Lab and Access Incubator into actual business ventures and scales them throughout our system and the broader industry.
Testing Grounds
Our multidimensional health system and skilled providers create the perfect setting to use innovations in the field and provide patient and clinician feedback.
Mentorship
As a teaching hospital that treats the most critical patients, we foster a “think tank” environment where innovators learn from the best.
Mentorship
As a teaching hospital that treats the most critical patients, we foster a “think tank” environment where innovators learn from the best.
Insight
By working within a health system, innovators learn if their idea will add value, how it can be used to improve care, and the best strategy for going to market. There is a high failure rate by design – the best way to discover great ideas is to have a lot of bad ideas first.
Partnership
We serve as the bridge between innovators and patients, providers, staff, developers and investors.
Partnership
We serve as the bridge between innovators and patients, providers, staff, developers and investors.
