Business Innovation Lab

Our venture services team identifies and brings in the best ideas and solutions from the broader financial, entrepreneurial, and healthcare communities that align with our system’s strategic priorities. By collaborating with external investors, entrepreneurs, and early-stage and emerging technology companies, we generate unique value through new technologies, capabilities, and business models, including benefit outside of direct patient services.

Leveraging this business expertise and market insight, as well as the system’s testbed laboratory for exploring and refining new solutions, helps us strengthen our care model, improve patient outcomes, and support MedStar Health.

MedStar Inventor Services makes it possible for MedStar Health associates to transform innovative ideas and discoveries into commercial products and more. Together, by making sure associates’ ideas are well-developed, protected, and sustainable, we’re advancing health, increasing the quality, efficiency, and safety of our system, and improving the experience of patients, families, and providers. MedStar Inventor Services also shares the resulting technologies available for licensing and strategic partnership with potential external collaborators.