Issue link: https://beckershealthcare.uberflip.com/i/1484704
22 INNOVATION IBM begins installing healthcare quantum computer at Cleveland Clinic By Naomi Diaz Cleveland Clinic and IBM are deploying a healthcare quantum computer at the hospital's main campus. The IBM-managed quantum computer, expected to be completed in early 2023, is a part of 10- year agreement aimed at advancing the pace of biomedical research through high-performance computing, according to an Oct. 18 press release. "The current pace of scientific discovery is unacceptably slow, while our research needs are growing exponentially," said Lara Jehi, MD, chief research information officer of Cleveland Clinic. "We cannot afford to continue to spend a decade or more going from a research idea in a lab to therapies on the market. Quantum offers a future to transform this pace, particularly in drug discovery and machine learning." The announcement comes after Cleveland Clinic was selected as a founding partner and the leading healthcare system in the Healthcare Quantum Innovation Hub based in greater Washington, D.C. n Allina Health spins off hospital-at-home company with $20M investment By Giles Bruce M inneapolis-based Allina Health has launched hospital- at-home company Inbound Health with a $20 million investment. The spinoff firm will offer acute- or skilled-nursing care in the home through such services as in-home nursing and therapy, virtual visits with hospitalists and geriatricians, and biometric monitoring. Allina Health led the investment with Flare Capital Partners. Allina Health had offered the Inbound Health platform to more than 4,000 patients in its service area but now is launching the company nationwide. The firm will be led by CEO Dave Kerwar, the former chief product officer of New York City-based Mount Sinai Health System. "The home hospital programs that we've scaled to thousands of patients here in Minnesota are rooted in our population health drivers of delivering safe, high-quality, affordable care that's timely and convenient to access," Lisa Shannon, president and CEO of Allina Health, said in the Oct. 18 news release from the health system and venture capital firm. "We are excited for Inbound Health to leverage the capabilities and know-how that power these programs to scale similar at-home programs across the nation." n 9 recent health system innovation projects, investments By Giles Bruce H ealth systems have been making big investments in tech and spinoff companies and launching other innovation initiatives in 2022. Here are nine innovation moves Becker's has covered since Sept. 16: 1. Minneapolis-based Allina Health launched hospital-at-home company Inbound Health with a $20 million investment Oct. 18. 2. Cleveland Clinic and IBM started deploying a healthcare quantum computer Oct. 18 at the hospital's main campus. Cleveland Clinic was selected Sept. 30 as a founding partner and the leading health system in the Healthcare Quantum Innovation Hub based in greater Washington, D.C. 3. Mayo Clinic topped off a $120 million, 11-story research tower Oct. 17 in downtown Rochester, Minn., that aims to make scientific breakthroughs for diseases such as cancer. 4. Mayo Clinic was the lead investor in a $1 million bridge financing round for the Patient Co., which is developing a patient-moving tool licensed from Grand Rapids, Mich.-based Spectrum Health, MiBiz reported Oct. 9. 5. Mass General Brigham Ventures, the venture capital arm of Boston-based Mass General Brigham, joined a $26 million investment round Oct. 3 for virtual pediatric mental health treatment platform Instride Health. 6. Northwell Holdings, the venture capital arm of New Hyde Park, N.Y.-based Northwell Health, invested $3 million Sept. 29 in communication research lab and technology company Hume AI. 7. Mass General Brigham Ventures participated in a $32 million seed funding round Sept. 28 for Rippl, a tech-driven mental healthcare firm focused on older adults. 8. Mayo Clinic expanded its relationship Sept. 21 with artificial intelligence-driven health tech company Nference to use deidentified patient data to help research and discover disease diagnoses and treatments. 9. e Emory University Nell Hodgson Woodruff School of Nursing in Atlanta opened a $20.6 million simulation learning center Sept. 16 that includes an innovation hub. n