University of Illinois Urbana-Champaign
Understanding the Healthcare Innovation Process I
University of Illinois Urbana-Champaign

Understanding the Healthcare Innovation Process I

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Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

19 hours to complete
3 weeks at 6 hours a week
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

19 hours to complete
3 weeks at 6 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Identify delivery gaps, ideate, and evaluate potential new products and processes using the healthcare innovation process.

  • Conduct thorough market trend analysis, demand forecasting, and financial assessments in the context of healthcare innovation.

  • Recognize regulatory requirements in healthcare innovation, including design control for product and process approvals.

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Recently updated!

April 2025

Assessments

31 assignments

Taught in English

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There are 4 modules in this course

This module explores the fundamental models and processes of healthcare innovation. It introduces the healthcare value chain, market segmentation, and key sources of innovation, providing a framework for understanding how innovation is managed in healthcare settings.

What's included

19 videos6 readings8 assignments1 discussion prompt1 plugin

This module covers the structured process of healthcare product development, from ideation to commercialization, emphasizing user needs, regulatory requirements, and industrial design principles. It explores concept generation, design selection, prototyping, and testing to refine functionality and ensure compliance. Additionally, it examines modular product architecture and manufacturing considerations to enhance production efficiency.

What's included

12 videos2 readings9 assignments

This module covers key aspects of project management for healthcare innovations across the project life cycle. It compares traditional (Waterfall) and Agile approaches, emphasizing their advantages in managing healthcare projects. Stakeholder engagement and communication planning are highlighted to ensure alignment with user needs and regulatory requirements.

What's included

16 videos2 readings8 assignments

This module covers key financial tools like Net Present Value (NPV), Internal Rate of Return (IRR), and Return on Investment (ROI) to evaluate the feasibility of healthcare innovations. It also introduces demand forecasting techniques, such as the Bass Diffusion Model, and explores risk management approaches like sensitivity analysis and scenario planning to assess financial uncertainties.

What's included

13 videos4 readings6 assignments1 peer review1 plugin

Instructor

Ujjal Kumar Mukherjee
University of Illinois Urbana-Champaign
2 Courses87,166 learners

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