Wellspring
9 Case Studies
A Wellspring Case Study
A major healthcare delivery system serving over 30 million people faced a significant challenge in managing its external innovation activities across a vast 25-state network. Its newly formed innovation group needed to build scalable processes for finding, evaluating, and investing in new opportunities to avoid coordination problems. To address this, they implemented the innovation management system from Wellspring.
Using Wellspring's Scout tool and platform, the healthcare system streamlined its entire innovation lifecycle, from initial vetting to investment tracking. This provided a consolidated "single source of truth" and historical record, improving visibility and alignment. The solution's success built organization-wide support for innovation and enabled the launch of a new $100M investment fund, positioning the system to make a significant impact in the healthcare technology space.
Major Healthcare Delivery System