London Stock Exchange welcomes NHS Innovation Accelerator

The NHS Innovation Accelerator (NIA) is an NHS England initiative delivered in partnership with England's 15 Academic Health Science Networks (AHSNs) and hosted at UCLPartners. The aim of the NIA is to support delivery of the NHS Five Year Forward View - creating the conditions and cultural change necessary for proven innovations to be taken up faster and more systematically through the NHS for patient, population and staff benefit.

The NIA is a national accelerator offering a unique dual focus on personal development for individuals and bespoke support to spread their high impact, evidence-based innovations - recognising that both are critical to scaling in the NHS. Since launching in July 2015, the NIA has supported 36 dedicated individuals (‘Fellows’) representing 37 innovations. Its successes to date include: £12M savings to England’s health and care system from the first 17 year one innovations; 1,483 additional NHS sites using NIA innovations; £60M external funding raised; 257 new jobs created; 55 awards won; 23 NIA innovations selling internationally.

The NIA is committed to real-world knowledge sharing; capturing Fellows’ insight learning and expertise on how to spread innovation across the NHS in England. The NIA’s Market Open Ceremony will mark the launch of its year three learning and research output: how and why NHS organisations adoption innovation. This pioneering report recognises and celebrates some of the early adopter NHS organisations across England, sharing learning and understanding as to what’s needed to drive uptake and adoption of innovation in the NHS; including risk-management, funding and challenges around implementation.

Chair of the NIA Programme Board, National Medical Director at NHS England, Professor Stephen Powis, commented:
"Right across the NHS patients are now benefitting from world beating innovations, as this programme has helped spread 37 new tools to improve patient care and experience to almost 1,500 more hospitals and GP practices.

"The real-world experience of those adopting new tools is vital so we can understand the challenges of spreading innovations and learns from those experiences so even more patients can benefit."

Health Secretary Matt Hancock said:
"There are pioneers across the NHS working incredibly hard to implement new technologies to support staff, make every pound go further and improve outcomes for patients - and they should be applauded for their resilience, commitment and tenacity.

"As part of our long-term plan for the NHS, we want to build an ecosystem of enterprise and innovation to allow new projects to flourish and my tech vision is the first step to making this ambition a reality."

NHS Innovation Accelerator: Understanding how and why the NHS adopts innovation is now available to read and download here.

For more information about the NHS Innovation Accelerator visit www.nhsaccelerator.com