The challenges we face
Companies, especially SMEs, can face significant challenges to introduce their new and innovative products into the NHS. The complexity of public procurement, patient safety and a risk averse culture across multiple organisations can be daunting. The Innovation Nexus aims to provide a single source of resource that can help companies, particularly SMEs, understand the steps that need to be taken to support their business planning and engage with the NHS more easily, thus progressing the adoption of their innovation at pace and with fewer unanticipated obstacles.
How can the Innovation Nexus help me?
Speak directly to a GM AHSN advisor with NHS expertise
Help with navigating NHS procurement
Information about funding and investment
Help with setting up a trial of your innovation
Information on science parks and office locations
Connect you with relevant organisations
SBRI - Annual Review
The Small Business Research Initiative - SBRI Healthcare - launched their annual review at this year's NHS Expo. The report sets out the impact of the programme over the year but also provides a summary of the outcomes achieved in the period of the AHSN leadership (approx. four years). It has been produced by the Eastern AHSN, which leads the SBRI initiative.
The programme has been able to evidence a pipeline of over 100 co-developed products that matched NHS needs with over 20 being adopted and used in the NHS. These products are starting to impact patient care and the potential value to the NHS was independently evaluated by the Office of Health Economics with a value to the NHS of £1.5bn. The economic impact of these investments are also showing potential with over 420 jobs created or safeguarded delivering an economic impact of over £33m for the UK economy. When added to the private sector investment of £45m this shows the NHS funding has had real economic impact even at this early stage in the process.