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Leading Health Institutions Gather for Inclusive Pediatric Innovation Strategies Exchange in Cincinnati

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Post Date: June 7, 2024 Publish Date:

Innovation

International Society for Pediatric Innovation iSPI gathers at Cincinnati Children’s for their Annual Meeting

Cincinnati Children's recently hosted top healthcare leaders from across the country to exchange knowledge and tackle shared challenges in pediatric innovation. On May 20th, 2024, a vibrant gathering took place at Cincinnati Children’s with Todd Ponsky, MD sharing insights on the institution's strategic focus for innovation.

Innovative frameworks were highlighted as Dr. Ponsky emphasized fostering a culture of continuous improvement and problem-solving across the organization. He discussed how Cincinnati Children's is nurturing an environment where every staff member can contribute ideas to address unmet clinical needs.

Following presentations showcasing Cincinnati Children’s innovation in action, attees from iSPI-member organizations engaged in insightful discussions on various pediatric innovation challenges. Five mn themes emerged:

Cultivating a Culture of Innovation

Organizations such as the Cleveland Clinic are pioneering methodologies that embed innovation within their team dynamics. By integrating both internal and external collaborations, these institutions develop ecosystems where creativity is not just encouraged but is considered integral to everyday operations.

Children’s Hospital of Orange County CHOC developed an innovative internship program and created iSPI's playbook for other pediatric hospitals to incorporate innovation education into future clinician trning programs. CHOC’s innovation team has become a key consulting resource within the organization, utilizing intelligence and innovation expertise to address complex challenges.

Leaders emphasized potential in healthcare innovation, stating that When you think of innovation, you should think about- Anthony Chang, MD from CHOC.

Structuring Innovation

Defining and implementing effective structures for innovation was identified as a common hurdle. Measuring the impact beyond direct financial returns is challenging, according to Tiffani Ghere, MBA, RD, iSPI's Executive Director and Program Manager of the Medical Intelligence and Innovation Institute at CHOC. Balancing progress with safety concerns ensures that new technologies not only advance care but also adhere to quality standards.

Overcoming Financial Barriers

Funding remns a critical aspect for innovation success. Some organizations like Stanford are surrounded by thriving innovation hubs, while others struggle with developing sustnable investment relationships. Innovativesuch as donor-funded competitions in Kansas City provide necessary capital and community engagement opportunities. Several institutions reported funding programs that support top ideas through financial assistance from the innovation ecosystem.

Recruitment Retention of Talent

Attracting and retning innovative talent requires a cultural shift towards valuing innovation and commercialization efforts within organizations. Organizations acknowledged considering revenue sharing policies as an attractive factor for increasingly talented staff.

Advocating for Pediatric Innovation

Attees emphasized the importance of engaging lawmakers to secure funding, legislative support, and recognition at both federal levels and within their respective healthcare systems.

Overall, this meeting provided clinical leaders with a platform to step back from their dly routines to focus on how innovation can be improved in healthcare, says Dr. Ponsky.

Representatives atting included:

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Cincinnati Childrens Annual Meeting Innovation International Society for Pediatric Innovation Gatherings Healthcare Leaders Exchange Knowledge Strategic Focus on Pediatric Innovation Cultivating Culture of Continuous Improvement Funding Barriers in Pediatric Research