Healthcare Industry Partnerships
Memorial Innovatory is an incubator for ideas and inventions that have the potential to improve healthcare and healthcare administration. As part of this mission, we form strategic partnerships with a variety of organizations.
By connecting our partners to experts on Memorial Healthcare System’s faculty and staff, we co-create, develop, pilot and test ideas and products in our real-world hospital settings. The process provides customer-level insights and synergy that improve the chances of product success.
Our Strategic Partners
Memorial Innovatory has relationships with many stakeholders in healthcare and healthcare administration, such as:
- Academia/universities
- Associations and conferences for healthcare providers and administrators
- Corporations, such as pharmaceutical, medical device and digital health companies
- Nongovernmental organizations
- Manufacturing companies
- Other hospitals and health systems
- Healthcare venture capital (VC) groups
Our Strategic Projects
Memorial Innovatory partners on projects that are:
- Inside-out: Start within Memorial and bring in partners from the outside
- Outside-in: Start externally and need expertise from within Memorial
Industry partnerships may provide companies or venture capitalists with opportunities for healthcare investments. Partnerships may also help industry further develop ideas and inventions they’ve launched.
Ultimately, Innovatory projects mutually benefit our faculty and employees and our industry partners. They also help Memorial fulfill our mission to “heal the body, mind and spirit of those we touch.”
Examples of projects that grow from our partnerships include:
- Advisory boards, which provide a “shark tank” type of team that assesses an idea before it goes to market
- Clinical validation, support or testing
- Data collection and analysis, including access to Memorial’s patient database
- Opportunities to invest in ideas and inventions from Memorial employees
- Joint ventures
- Pilot trials and other research
Why Partner With Us?
When you partner with Memorial Innovatory, you’ll find:
- Willingness to explore ideas and innovations: Many hospitals and health systems don’t want to pursue ideas or inventions that are not yet universally accepted. Memorial seeks these types of innovative opportunities to improve healthcare.
- Access to decision-makers: With access to decision-makers in a healthcare system, you can help uncover customer-level insights and drive the adoption of your products. Our partners can work with Memorial’s more than 400 employed physicians, as well as our surgeons, nurses, technicians and technologists, allied health professionals and healthcare administration.
- Diverse patient population: Our patient population is ethnically and demographically diverse. We treat all ages, from children at our pediatric hospital to geriatrics. We also see patients with a wide range of acuity levels, treating everything from sniffles to transplants.
- Expertise in almost every specialty: We can connect you to experts in almost any medical specialty. Examples include cardiology, neurology, orthopedic surgery, cancer care, pediatrics and health technology and remote patient monitoring.