Northwell Health Named One of America’s Most Innovative Companies by Fortune

Northwell Health has been named one of America’s Most Innovative Companies 2023 by Fortune. New York State’s largest health care provider and private employer is one of just 300 companies nationwide to make the list.

The award is presented by Fortune and Statista Inc., the world-leading statistics portal and industry ranking provider. Recipients were chosen based on evaluations about their innovation culture, as well as product and process innovation. Statista compiled scores based on surveys done by employees, as well as outside experts.

“Innovation is part of who we are at Northwell,” said Michael Dowling, president and chief executive officer of Northwell. “The COVID-19 pandemic proved that our team is ready to meet whatever challenges arise. We are always looking for new treatments and methods of care to give our patients the best results possible.”

Northwell ranked 202 on the list overall, which evaluated companies based on three categories: product innovation, process innovation and innovation culture.

Northwell Health was on the front lines of the COVID-19 pandemic, conducting thousands of clinical trials at the Feinstein Institutes for Medical Research, innovated lab testing for the disease and was instrumental in getting employee and community vaccination programs running throughout the region.

Innovation abounds at Northwell’s Feinstein Institutes for Medical Research, which received multimillion dollar grants in 2022 to study and map the vagus nerve. The Feinstein Institutes are the global home of scientific research into bioelectric medicine, which combines molecular medicine, neuroscience and biomedical engineering. The research is used to develop new devices to help treat disease and injury.

“Innovation is a team sport at Northwell. Our core strength comes from the curiosity and ingenuity of our 83,000 team members,” said Jason Naidich, MD, Northwell’s senior vice president and chief innovation officer. “There is a role for everyone whether in process improvement, clinical care redesign, research, or development of digital technology and medical devices.”

Being named one of the most innovative companies in America is the latest in a long line of accolades for Northwell. Last year, Northwell was named both one of the Best Workplaces in Healthcare and one of the Best Companies to Work For by Fortune. It ranked third on Fast Company’s list of the World’s Most Innovative Companies. Northwell was also the No. 1 health system in the Best Workplaces in New York 2022 list by Great Places to Work.

Northwell is a national leader in LGBTQ inclusiveness, according to 2022 Healthcare Equality Index, was recognized on the 2022 PEOPLE Companies that Care list and has been rated the No. 1 health system for diversity in the country three years running by DiversityInc. Most recently, Northwell was named one of the World’s Most Ethical Companies for 2023 by Ethisphere.

To see the full list of Fortune’s Most Innovative Companies 2023, go to: https://fortune.com/ranking/americas-most-innovative-companies/2023/search/

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