October 10, 2016 – El Camino Hospital and the Fogarty Institute for Innovation, a nonprofit medical technology incubator that is located on the hospital’s campus, have been recognized in Becker’s Hospital Review’s “50 Hospitals with Innovation Programs” 2016 list. The Becker's Hospital Review editorial team considered nominations and conducted editorial research to select the hospitals included on this list.
The Institute was founded by Dr. Thomas J. Fogarty, one of the most notable cardiovascular surgeons and innovators of all time, with the vision of lowering healthcare costs and improving patient care. The organization provides intellectual, physical and financial resources to emerging medtech companies that address major unmet clinical needs. These include preventing post-partum hemorrhaging, the leading cause of maternal death worldwide, which takes the life of one woman every four minutes; drastically improving newborn monitoring and resuscitation; addressing cardiovascular health; and detecting skin cancer.
“To us, device innovation means focusing on the discovery of a health challenge and inventing a solution that improves quality outcomes and lowers costs,” said Tomi Ryba, president and CEO of El Camino Hospital. “Having the Fogarty Institute right on our campus allows the opportunity for medtech startups to be involved in identifying and solving real problems, while having access to world-class nurses, technicians and physicians who work on healthcare issues on a daily basis and can provide an instantaneous response on what works and what doesn't. This creates an unparalleled synergy that will ultimately create a more effective solution.”
“We are very proud to have made Becker's Hospital Review’s list. It validates our commitment to our location on the El Camino Hospital campus, which helps drive solutions that lead to better patient care,” said Tom Krummel, MD, chairman of the Fogarty Institute for Innovation. “Since our inception in 2007, The Fogarty Institute has enjoyed a strong partnership with the hospital, where the physicians and the Institute’s innovators are continuously collaborating to find and develop potential solutions to improve and save patients’ lives.”
Hospitals on this list were selected because of their demonstrated commitment to bettering healthcare by tackling the biggest challenges facing patient care and care delivery. According to Becker's Hospital Review’s editor, “These health systems are among those that have committed to keeping up with — or getting ahead of — the pace of change in healthcare by forming dedicated centers and institutes for innovation.”
Becker's Hospital Review has published a version of this list since 2015, and this is the first time it has featured 50 hospitals.
About El Camino Hospital
El Camino Hospital is an acute-care, 443-bed, nonprofit and locally governed organization with campuses in Mountain View and Los Gatos, California. Key medical specialties include cancer, heart and vascular, men’s health, mental health, neuroscience, orthopedic and spine, senior health, urology, and the first Women's Hospital in Northern California. The hospital is recognized as a national leader in the use of health information technology and wireless communications, and has been named one of the 100 Top Hospitals® by Truven Health Analytics™ and one of 17 Everest Award winners in 2016. El Camino Hospital has also been awarded the Gold Seal of Approval from The Joint Commission as a Primary Stroke Center as well as three consecutive ANCC Magnet Recognitions for Nursing Care. To learn more visit www.elcaminohealth.org.
About The Fogarty Institute for Innovation
The Fogarty Institute for Innovation is a 501(c)(3) non-profit that helps early-stage medical companies transform their ideas into medical products that improve patient care. Carefully selected medical innovators are offered office and laboratory space, financial aid and world-class mentoring by physicians and industry experts to bring their products to market. The Institute was founded in 2007 by internationally renowned cardiovascular surgeon and innovator Dr. Thomas J. Fogarty, M.D., and it is based on the El Camino Hospital campus in Mountain View, Calif. To learn more, visit www.fogartyinnovation.org, and follow the Institute on Facebook and Twitter.