Health Company's Invention Program No 'Shark Tank' - InformationWeek

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7/16/2014
09:06 AM
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Health Company's Invention Program No 'Shark Tank'

Carolina Health Systems and Edison Nation have created Edison Nation Medical, an incubator designed to help employees -- and anybody else -- submit medical inventions to be patented, manufactured, and sold.

(Source: ABC Shark Tank)
(Source: ABC Shark Tank)

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Lorna Garey
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50%
Lorna Garey,
User Rank: Author
7/16/2014 | 11:46:31 AM
Love it!
This is an idea that could and should be adopted by almost any sort of company. It's a huge win/win - employees get help navigating the complex patent and bring-to-market process plus visibility in their company, the employer gets a low-cost and potentially high-reward bennie for workers and a way to spot truly creative people in the ranks.
CourtneyS233
100%
0%
CourtneyS233,
User Rank: Apprentice
7/18/2014 | 3:45:39 PM
Re: Love it!
They take medical ideas from anyone, but do they take any OTHER ideas?  I have an idea that COULD be classed as SORT OF medical, and it certainly could be useful in some hospital rooms.  Yes, as I think about it, it could be QUTE useful in some situations.  I do not have that one patented, yet, but I have other patents that have nothing to do with medicine.  Could they help with THOSE?
ChrisMurphy
50%
50%
ChrisMurphy,
User Rank: Author
7/21/2014 | 1:46:49 PM
Re: Love it!
We've seen a fair bit of this kind of activity in healthcare. Below is a link to another such model, driven out of St. Joseph Healthcare in southern California, where a group of nonprofit providers set up a fund to drive this kind of commercialization of innovation: 

http://www.informationweek.com/healthcare/leadership/how-to-catalyze-healthcare-innovation/d/d-id/1114112
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