The mission of Henry Ford Innovations is to engineer the future of healthcare by providing physicians and staff with world-class resources to turn great ideas into transformative products. We develop and commercialize Henry Ford’s intellectual assets and license them around the globe for new products, devices, therapies and hospitals.
Established in 2012, the HFII is the flagship of Henry Ford Health System’s commitment to innovation and serves as both a physical and virtual resource. It provides System innovators access to an array of intellectual asset-related resources and programs that include technological opportunity assessment, engineering services for prototypes, seminars designed to convey opportunities, programs aimed at developing specific medical products and broad educational offerings in the realms of translational medicine and the entrepreneurial arts.
HFII’s operating philosophy is simple: Use innovation to improve healthcare and the patient experience. The Institute is organized as an independent scientific research and educational entity, allowing it to operate flexibly and rapidly. All inventions are welcome. Each invention disclosure is assessed utilizing a process to analyze the innovation in terms of its potential impact on healthcare, its economic potential and aligned costs to deploy, and related intellectual property attributes. Through this process, HFII professionals deploy an array of resources to develop the idea to fruition. These resources include:
- Defined and rapid process for vetting new inventions
- Subject matter experts for in-depth market assessment
- Pre-clinical and prototype partners and facilities
- A world renowned test bed for medical care innovations