Return on Innovation

IL CoP | Community of Practice

No business invests a single penny without knowing the returns,and healthcare innovation is no exception.

This section is dedicated to understanding the value of what value the innovation is returning to the business and users of that innovation – the financial value of healthcare innovations is a good starting point but it’s not the only focus. We begin by answering questions like: “Is this innovation financially viable?”, “What is the ROI on this one?”, “How long will it take to break even?”, etc.