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"We are in an age of incredible innovation" in the health care industry, writes Lee Murray in a blog post about a meeting with a private equity investor.
Murray's mother in law suffered two brain aneurysms and had a complex eight-hour surgery in which a wire was inserted through the leg into the brain to close the hole.
Now, thanks to new technology, "minimally invasive" surgery could be as little as 25 minutes away, Murray writes.
"The level of precision and intricacy astounded me at the time and still does today.
However, the new technology means that this complex and incredibly expensive procedure could be replaced by a minimally invasive procedure as little as 25 minutes," he writes.
"The challenge will be convincing surgeons to adopt it," he adds.
"Healthcare is such an exciting sector and we are in an age of incredible innovation.
A CEO of a primary care group remarked to me this week that healthcare hasn't changed much since the 1920s and that technology, particularly digital technology, is simply a tool to enable the real innovation in processes to take place."
(Click for Murray's full post.)
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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The president of the University of Dubai was among dozens of women honored for their achievements in business, health, media, the arts, and technology at the fourth annual Excellence Awards in Dubai...more
Three women from Australia's Indian community have been named in the country's Order of Australia for their contributions to society. Harinder Kaur, 29,Niharika Hiremath, 29, and Sakshi Thakur,...more
It's that time of year again: the time of year when many of us crank up our air-con and head out for a dip in the pool. But what if we told you that summer is also a great time to get outside and...more
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When Chuck Petersheim heard a high school football team in Pike County, Pa., needed funds for a trip to Florida, he decided to pony up. The Greater Pike Community Foundation recently announced...more
"Politics is like a quilt formed of hundreds of patches that come together, creating security and strength," Michael Mantha writes in the Sault Star. "I know from experience that great things can...more
The city of Fremantle, Australia, has given more than $66,000 to 11 community, youth, and arts organizations in a bid to "make Freo a more inclusive, vibrant, and creative place," Mayor Hannah...more
Foundation: Marin Community Foundation
Over the next three years, the Marin Community Foundation will spend $30 million to support 80 nonprofits in Marin County, Calif., the San Francisco Chronicle reports. That's a big change for the...more
Social Entrepreneurship
Spotlight
200 New Jobs To Be Created With Social Enterprise That Reuses IT
The Regional and European Co-Operative for Social Industry (RECOSI) is a new Irish social enterprise which aims to divert IT and electrical goods from being recycled.
