Skip to content

Hospital Innovation Programs Directory

An independent editorial resource published by Lisa T. Miller

Menu

Cornerstone intelligence

Hospital Commercialization Models

Innovation activity and commercialization are related but not identical. These pages explain what each model typically enables and show only the routes health systems describe in their own public materials.

Direct sale

The health system, or a business it owns, sells a product or service to customers outside the system.

Read the model and documented examples

License

The health system grants another organization the right to develop, make, or sell an invention, often in exchange for fees or royalties.

Read the model and documented examples

Spinout

A new company is formed to develop a hospital invention or capability, usually with a license from the system.

Read the model and documented examples

Joint venture

The health system shares ownership or control of a business with another organization.

Read the model and documented examples

Strategic partnership

The health system works with industry, universities, startups, or other health systems without necessarily forming a new company or completing a license.

Read the model and documented examples

Investment

The system deploys capital into a company in exchange for equity or a related economic interest.

Read the model and documented examples

Acquisition

The health system buys a company, or a company it created is later acquired.

Read the model and documented examples