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Edison Nation Medical and Hospital for Special Surgery Partner to Drive Commercialization of Healthcare Inventions

New York, NY—August 25, 2015

Edison Nation Medical, the premier marketplace for healthcare and medical device innovation, today announced a partnership with Hospital for Special Surgery (HSS), America's leading specialty hospital devoted to orthopedics and rheumatology. As an Edison Nation Medical Innovation Partner, the HSS community gains access to a dedicated open innovation platform wherein inventions can be confidentially submitted for full clinical, intellectual property and commercialization evaluation. The objective of both parties is to bring commercially viable novel products to market that improve the efficiency, efficacy and safety of healthcare.

HSS joins other Edison Nation Medical Innovation Partners such as Carolinas HealthCare System, Mount Sinai, American Organization of Nurse Executives (AONE), and American Association for Respiratory Care in harnessing the ingenuity of employees and constituents through open innovation.

"Innovation has been key to HSS excellence for more than a century, and we're excited to further extend the reach and impact of our gifted team through this partnership with Edison Nation Medical," said Mark Angelo, Vice President of Innovation and Business Development at HSS. "HSS staff who provide direct patient care on a daily basis now have a great opportunity to use their creativity and expertise to improve care options. Their ideas have the potential to significantly impact patient care well beyond treatment at a single hospital."

Edison Nation Medical works with individuals, early stage startups and institutions to identify healthcare innovations that can improve patient care worldwide. Its marketplace matches inventors, entrepreneurs, hospitals and universities with manufacturing and healthcare partners to develop and commercialize new inventions. HSS and Edison Nation Medical will work together to evaluate, prioritize and develop medical devices, technologies and healthcare apps specifically from the HSS community.

"HSS is a highly specialized institution that delivers world-renowned care," said Robert Grajewski, President of Edison Nation Medical. "We're thrilled about the opportunity to offer Edison Nation Medical's infrastructure and expertise to help the HSS community bring new healthcare product concepts to life."

 

 

 

About HSS | Hospital for Special Surgery
HSS is the world’s leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the eighth consecutive year) and No. 3 in rheumatology by U.S. News & World Report (2017-2018). Founded in 1863, the Hospital has one of the lowest infection rates in the country and was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center four consecutive times. The global standard total knee replacement was developed at HSS in 1969. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State. In 2017 HSS provided care to 135,000 patients and performed more than 32,000 surgical procedures. People from all 50 U.S. states and 80 countries travelled to receive care at HSS. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Global Innovation Institute was formed in 2016 to realize the potential of new drugs, therapeutics and devices. The culture of innovation is accelerating at HSS as 130 new idea submissions were made to the Global Innovation Institute in 2017 (almost 3x the submissions in 2015). The HSS Education Institute is the world’s leading provider of education on the topic on musculoskeletal health, with its online learning platform offering more than 600 courses to more than 21,000 medical professional members worldwide. Through HSS Global Ventures, the institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally.

 

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