Advisory Board April 1, 2025

Last week, Fortune released its third annual list of “America’s Most Innovative Companies,” with 61 healthcare companies making the list — including 33 Advisory Board members.

4 ways health systems can redefine innovation

Methodology

To create the list, Fortune partnered with Statista to evaluate companies on three dimensions of innovation:

  • Product innovation, which includes the introduction of new products or services and regular improvement of existing products and services
  • Process innovation, which refers to the development and use of new and innovative technologies/production processes, as well as innovative use of digitalization
  • Innovation culture, which measures the extent that a company fosters a spirit of entrepreneurship and creativity among its employees

Each dimension accounted for one-third of a company’s...

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