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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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"To be a great investor, you have to be open-minded and look for misunderstood opportunities." That was Christopher Pan's advice to Ohio State University's graduating class on Sunday, and he's...more
"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more
A Bangladeshi social entrepreneur who won a Nobel Peace Prize for his efforts to fight poverty won't be going to the Vatican in 2024, thanks to a group called the Fratelli Tutti Foundation. The...more
Ohio Gov. Mike DeWine says the Appalachian Community Grant Program represents "a historic, $500 million investment in Ohio's 32 Appalachian counties." The state has allocated $21.9 million in...more
Rumors have been swirling that the Lakeland Cultural Arts Center in Florida is going under, but the organization's president says those rumors are "greatly exaggerated." In a statement released...more
Health News from...
Gates Foundation
Howard Hughes Medical Institute
Rhode Island Foundation
Jack Kent Cooke Foundation
Johnson County Community Foundation
Ontario Trillium Foundation
Omaha Community Foundation
Silicon Valley Community Foundation
Regional Access Project Foundation
Ford Motor Company Fund
Social Entrepreneurship
Spotlight
3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.
