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.
Digital and Innovation Strategy
Healthcare organizations are increasingly looking to Digital and Innovation Strategies to support broader organizational objectives. Given our legacy of digital health innovation, and in combination with our work in strategy, operations, clinical practice, and technology, Healthbox advises leading providers and payers with Digital and Innovation strategy work. Regardless of where you are starting, we would be happy to help.
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.
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.
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.
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.
Our Process to Advance Innovation from Inside Your Organization
Analyze current organizational priorities, risk profile, innovation activities, and results to date to align the business strategy with the innovation strategy.
Review current policies and implement an operating and governance plan to ensure transparency and clear decision-making around the innovation initiative.
Spread awareness of the initiative and launch a centralized intake process to source employee ideas from across the organization.
Engage employees who present an idea and provide them with education on how to refine their idea to inspire entrepreneurial thinking.
Convene leaders and SMEs to evaluate the highest potential ideas using a transparent, consistent, and objective scoring methodology.
Pressure-test the commercial viability and impact of high-potential employee ideas through a formal, tested program at market-speed.
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.
Validate employee innovations through rapid-cycle testing, continuously measuring success against key metrics to determine when and if the project should move forward.
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
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.
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.
Our Process to Introduce Innovation from Outside Your Organization
Assess the areas within your organization where implementing new innovations has the greatest potential to introduce a new paradigm.
Source emerging innovations on the market to address your most pressing challenges.
Analyze innovations and reduce to a shortlist of solutions best aligned with your infrastructure, culture, and strategy.
Convene leaders and SMEs to evaluate innovations using a collaboratively defined scoring methodology.
Define the pilot and success metrics; engage with key stakeholders across your organization to ensure metrics for success are clearly defined and communicated.
Introduce selected innovation beyond the initial testing ground and into the rest of your organization.