For this Health and Community Leaders Talk blog post, we’re focusing on the value of Ontario’s Innovation Brokers. Supported by a task force of executive leaders from across Ontario’s research hospitals, the Council of Academic Hospitals of Ontario (CAHO) began its work as an Innovation Broker in April 2017, in partnership with the Ontario Chief Health Innovation Strategist (OCHIS).
CAHO’s Innovation Broker task force is co-chaired by Ted Scott, Acting Vice President Research & Chief Innovation Officer at Hamilton Health Sciences. We sat down with Ted to get his take on why the Innovation Broker work is important, and how it makes Ontario healthier, wealthier and smarter.
What inspired you to be involved with CAHO’s work as an Innovation Broker?
In my role as Chief Innovation Officer at Hamilton Health Sciences (HHS), I am helping to create a culture of collaboration and working to connect our clinical experts and scientists to high potential digital health companies to develop innovative clinical care models. My work at HHS is really well aligned to the Innovation Broker mandate and I’m excited to help make it easier for companies to get their innovations into Ontario’s research hospitals. At the end of the day, this will improve care and make our health system more efficient for our patients.
What’s in it for innovators?
The CAHO Innovation Broker work provides new opportunities for companies and research hospitals to work together to develop solutions and drive innovation adoption across the province. It also provides companies with stronger and more meaningful feedback on their innovations, allowing them to iterate and develop more relevant and marketable products.
At a larger scale, CAHO’s Innovation Broker work is helping to grow a culture of innovation within Ontario’s research hospitals and developing better processes to pull innovations into our organizations. We know that one of the toughest barriers companies face on the long path to market is connecting with those early adopters who are willing to test-drive innovations that will lead to better care. Through our Innovation Broker role, companies only have to knock on one door to gain access to Ontario’s 23 research hospitals, making those first connections a lot faster and easier.
Our hope is that this not only makes it easier for innovators to partner with us today, but that we’re building a better system and better partnerships to improve innovation adoption long into the future.
How can Ontario’s Innovation Broker work help fuel a healthier, wealthier, smarter province?
The Innovation Broker work is really about re-thinking how we deliver healthcare. By providing a streamlined and transparent process for connecting healthcare providers and innovative companies, we will be able to do a better job of providing care and drive economic growth at the same time. Collectively, Ontario’s Innovation Brokers are working to deliver a healthcare system powered by our world-leading research community in collaboration with our most promising industry partners. A more innovative health system is definitely a future we can all work towards.
- Visit the CAHO website to learn more about our Innovation Broker work and how you can be involved.
- Visit the OCHIS website to learn more about Ontario’s Innovation Brokers.
- Health and Community Leaders Talk: David Hill
- Research Spotlight: Hamilton Health Sciences
- Health and Community Leaders Talk: Karen Michell
Read more Health and Community Leaders Talk blog posts on our Healthier, Wealthier, Smarter site and share your insights on Twitter with the hashtag, #onHWS. To learn more about how health research makes Ontario healthier, wealthier, and smarter, check out our website and our other blog posts and videos.