The Innovation Institute

The Innovation Institute is a collaborative healthcare incubator and services organization owned by several major non-profit health systems. It focuses on transforming healthcare by commercializing innovative ideas, medical devices, and technologies developed by clinicians and employees within its member networks. The organization operates through three main divisions: the Enterprise Development Group, which manages a portfolio of service companies; the Future Lab, an incubator for new medical products; and the Public Benefit Foundation. By leveraging the collective expertise and scale of its member systems, the Institute aims to reduce costs and improve patient outcomes through practical, scalable solutions. Its portfolio includes companies specializing in clinical engineering, facility development, and medical device innovation.