Innovation is about the application of ideas and creativity to improve quality, productivity and efficiency. Ideas may be new but more often, they are copied or adapted from elsewhere and may come in the form of an improved product, process or service. The true value of a good idea is only realised through testing, piloting, successful implementation and widespread diffusion.
Innovation is critical to enabling better outcomes for patients. The Five Year Forward View (5YFV) published by NHS England says the NHS needs to make £22 billion of efficiency savings by 2020/21. The NHS must focus on opportunities which contribute most to the 5YFV.
The Innovation Agency has a crucial role in the spread and adoption of innovation across the North West Coast region. Integral to this approach is the Innovation Exchange which is a membership platform managed by us to connect people working in the NHS, health and social care, businesses, organisations and individuals who are looking for improved and more effective and efficient ways of working.