Innovation Consulting

Healthbox works with provider, payor, and other industry organizations to build and sustain innovation strategies that support dramatic improvements in the service and delivery of care. Our innovation consulting services include internal initiatives such as employee workshops and programs as well as sourcing potential solutions from outside the organization.

Innovation from Inside Your Organization

New products and services that an organization produces to implement internally or take to market.

Innovation from Outside Your Organization

New products or services that an organization implements from the market.

Strategy Session

Not sure where to start? Healthbox routinely advises on innovation strategies and programs. Our deep understanding of strategy, operations, clinical practice, and technology guides our methodology to make the most appropriate recommendations — whether you are starting, redeveloping, or expanding your efforts around innovation.

If you would like to consider a first step toward planning an Innovation Program or a digital health project, we would be happy to help.

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Innovation From the Inside

Activate the entrepreneurial potential from inside your organization to build innovation competencies and generate lasting impact. Internal innovation programs help recruit and retain talent by providing a structured avenue to harness ingenuity. Through our unique framework and expertise, Healthbox works with our clients to filter and focus high-potential projects to maximize ROI.

Innovation Workshops

Educate your employees on the fundamental principles of entrepreneurial innovation by hosting a Healthbox Innovation Workshop. Attendees learn innovation and business principles, gain exposure to industry trends, and follow a step-by-step tutorial on "how to refine your innovative idea in healthcare," which leverages Healthbox's proprietary, market-tested curriculum and methodology. This high-touch engagement harnesses employees with the skills to think like an entrepreneur, provides leadership with in-depth exposure to employee ideas, and inspires a culture excited about innovation.

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Commercialization Analysis

Get the objective perspective and market insight needed to assess the business aspects of a high-potential project or idea. The Healthbox Commercialization Analysis provides a rapid and comprehensive assessment through a proven process. The output is a clear business-model assessment to evaluate and, when appropriate, accelerate the opportunity. The Healthbox team will align expectations around the resources needed to scale and fine-tune a commercial structure aligned to the project founders and the organization.

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The Foundry

Capture, evaluate, and advance high-potential employee ideas through a coordinated and centralized approach. The Healthbox Foundry program enables your organization to develop and refine an internal innovation strategy that advances overall strategic aims. This end-to-end program retains and maximizes the value of current and future Intellectual Property and builds an organizational identity and culture of entrepreneurial innovation.

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Our Process to Advance Innovation from Inside Your Organization

Align

Analyze current organizational priorities, risk profile, innovation activities, and results to date to align the business strategy with the innovation strategy.

Organize

Review current policies and implement an operating and governance plan to ensure transparency and clear decision-making around the innovation initiative.

Uncover

Spread awareness of the initiative and launch a centralized intake process to source employee ideas from across the organization.

Inspire

Engage employees who present an idea and provide them with education on how to refine their idea to inspire entrepreneurial thinking.

Assess

Convene leaders and SMEs to evaluate the highest potential ideas using a transparent, consistent, and objective scoring methodology.

Accelerate

Pressure-test the commercial viability and impact of high-potential employee ideas through a formal, tested program at market-speed.

Build

Develop a plan for growth around each idea to realize value in the organization and the commercial market, measuring against key milestones to ensure accountability.

Test

Validate employee innovations through rapid-cycle testing, continuously measuring success against key metrics to determine when and if the project should move forward.

Scale

Scale successful innovations across your organization and to the market.

Innovation From the Outside

Leaders at healthcare organizations across the country recognize the importance of technology and its potential to improve outcomes and reduce costs. But finding solutions in the market that effectively address specific challenges at scale is difficult. Through our proven processes, knowledge of market trends, and understanding of entrepreneurial success factors in healthcare, Healthbox is uniquely suited to filter through the noise in this ever-expanding and dynamic market

Studio

Engage with emerging digital health companies to assess the potential impact of their solutions while fostering a dialogue about healthcare innovation at a broader community level. The Healthbox Studio is a highly interactive and collaborative program that engages multiple levels of your organization team to select strategically relevant solutions and build innovation competencies.

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Catalyst

Identify priority areas for sourcing innovation and evaluate the best solutions that meet those needs through a repeatable process with proven results. Healthbox Catalyst works with both your organization and the best solutions in the market to coordinate efforts from prioritization through scaling, all at market speed. We arm our clients with the frameworks and tools to evaluate and introduce innovation long after our engagement is over.

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Our Process to Introduce Innovation from Outside Your Organization

Prioritize

Assess the areas within your organization where implementing new innovations has the greatest potential to introduce a new paradigm.

Scan

Source emerging innovations on the market to address your most pressing challenges.

Filter

Analyze innovations and reduce to a shortlist of solutions best aligned with your infrastructure, culture, and strategy.

Assess

Convene leaders and SMEs to evaluate innovations using a collaboratively defined scoring methodology.

Test

Define the pilot and success metrics; engage with key stakeholders across your organization to ensure metrics for success are clearly defined and communicated.

Scale

Introduce selected innovation beyond the initial testing ground and into the rest of your organization.

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