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Hospitals buying real estate, revamping clinical space for innovation hubs

Image Credit: Allegheny Health Network via Modern Healthcare

Pam Arlotto is quoted in a May 3, 2022, article, by Jessica Kim Cohen, in Modern Healthcare. 

In February, Pittsburgh-based Allegheny Health Network held a ribbon-cutting in Bellevue, Pennsylvania, to unveil a home for one of its newest ventures—AlphaLab Health, which the system hopes will spur innovation and improvements to community health.

The 10,000-square-foot innovation hub, a partnership with Pittsburgh-based startup incubator Innovation Works, is housed in a former hospital owned by AHN. It will serve as the home base for startups participating in AlphaLab Health, AHN’s healthcare and life sciences startup accelerator launched in fall 2020.

“It’s a demonstration of what you can do to repurpose these assets that are aged but have great bones,” said Dr. Jeff Cohen, AHN’s chief physician executive for community health and innovation.

The space gives AlphaLab Health startups access to wet and dry labs to develop products, as well as office space and areas to collaborate and meet with other startups. The startups also receive early-stage funding and opportunities to connect with clinicians and test products at AHN.

The project has involved more than two years and $5 million, including renovations and investments in startups and programing—of which AHN and its parent Highmark Health contributed $2 million.

Accelerators and other innovation centers became more popular during the COVID-19 pandemic, said Pam Arlotto, president and CEO of healthcare consultancy Maestro Strategies. While hospitals have been setting up innovation programs for years, the efforts took on a new focus as the healthcare industry eyed consumerism and pushed to create new care models that engage patients at home and outside of the hospital.

They’re expensive projects, usually involving investments in real estate and hiring staff to run the programs.

Hospitals starting innovation centers have done everything from revamping old clinical or administrative space to building new facilities to house innovation programs, said Rob Lowe, CEO of Wellspring, a software company that sells products for innovation and research and development programs. It depends what type of work the hospital needs to do or the form of the incubator itself.

Some hospitals create accelerators to identify startups worth partnering with or venture capital arms that invest, Lowe said. Some, like AHN’s, are partially funded through local government as part of economic development efforts.

“Almost in all cases of these hospitals that we work with around the U.S., we see dedicated space,” Lowe said.

 

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Henry Ford Health System launches competition to tackle disparities with tech

Image via Modern Healthcare

Pam Arlotto is quoted in an April 27th, 2021 article, by Jessica Kim Cohen, in Modern Healthcare. 

 

Henry Ford Health System is seeking out new ways to address health disparities with
digital technology, including a focus on the digital divide, the Detroit-based system said
Tuesday.

The system’s Henry Ford Innovations arm on Tuesday unveiled the digital inclusion
challenge, a competition it’s hosting in partnership with Google Cloud and Novi, Mich.-
based information-technology firm Miracle Software Systems. Entrepreneurs and
engineers from across the globe are encouraged to propose ideas for how to use digital
technologies to reduce racial, gender and other health disparities.

That could include projects that make care more affordable, accessible or that make it easier for patients who don’t have access to high-speed internet access to learn about their health.

“We’re open to seeing what comes our way,” said Lisa Prasad, vice president and chief innovation officer at Henry Ford. “It’s kind of an open book.”

The challenge supports Henry Ford’s broader effort to “double-down on DEIJ,” or diversity, equity, inclusion and justice, Prasad said. Hopefully, entrepreneurs who participate in the competition will be able to help Henry Ford Innovations identify ways to better serve its patient population in Detroit and ensure patients are able to access emerging digital health and virtual care tools, she said.

The competition kicks off May 19 with submissions due June 24.

Henry Ford Innovations will reveal the top 20 finalists in July, five of whom will participate in a live pitch competition. That pitch competition will hopefully take place in-person in Detroit in August or September, Prasad said, although it will depend on COVID-19.

The winning team will receive $75,000 and will participate in a co-development program at Henry Ford Innovations, where the team can collaborate with the system’s clinical, IT and other staffers.

Ideally, depending on the project, the winning team will also be able to test their project within Henry Ford, Prasad said.

The program builds on other innovation competitions Henry Ford Innovations has launched over the past five years, many of which have been internal competitions that seek proposals from staff that work at the health system, as well as innovation challenges hosted in Israel through Henry Ford Innovations’ Global Technology Development Program.

Downers Grove, Ill.-based Advocate Aurora Health, Los Angeles-based Cedars-Sinai and Columbus, Ohio-based Nationwide Children’s Hospital are among other health systems that have recently hosted accelerators and challenges to invite outside startups to pitch their innovations.

The American Hospital Association also hosts an annual innovation challenge, in which the industry trade group provides funding for three winners to developing projects they pitch.

It’s become increasingly common for health groups to put out calls for startups to pitch proposals for specific problems, said Pam Arlotto, president and CEO of healthcare consultancy Maestro Strategies. Startups can bring expertise that health systems don’t have, such as in advanced technology.

“Often, these partners will have complementary skills that the health system doesn’t necessarily have internally,” Arlotto said.

If a health system invests in the company or helps to commercialize the product, it can provide another revenue stream for the organization. And the startup often gets the opportunity to test its product in the clinical setting and get the recognition of being selected by the health system, which can help to raise awareness about the company and possibly help with fundraising down the line.

Arlotto said she expects to see more health systems launch competitions with partners from various industries, rather than hosting them on their own, similar to what Henry Ford Innovations is doing.

She highlighted a recent healthcare innovation challenge that Macon, Ga.-based Atrium Health Navicent hosted last year with local startup incubator Atlanta Tech Village, Georgia’s Healthcare Information and Management Systems Society chapter and local technology association TAG Digital Health.

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