THE HENRY FORD INNOVATION INSTITUTE (HFII) WAS ESTABLISHED BY HENRY FORD HEALTH SYSTEM DBA HENRY FORD HEALTH (HF HEALTH) TO REFLECT ITS COMMITMENT TO INNOVATION WHICH SERVES AS BOTH A PHYSICAL AND VIRTUAL RESOURCE. IT PROVIDES HF HEALTH INNOVATORS ACCESS TO AN ARRAY OF INTELLECTUAL ASSET-RELATED RESOURCES AND PROGRAMS THAT INCLUDE TECHNOLOGICAL OPPORTUNITY ASSESSMENT, DESIGN SERVICES FOR PROTOTYPES, SEMINARS DESIGNED TO CONVEY OPPORTUNITIES, PROGRAMS AIMED AT DEVELOPING SPECIFIC MEDICAL PRODUCTS AND BROAD EDUCATIONAL OFFERINGS IN THE REALMS OF TRANSLATIONAL MEDICINE AND THE ENTREPRENEURIAL ARTS.HFII'S OPERATING PHILOSOPHY IS SIMPLE: USE INNOVATION TO IMPROVE HEALTHCARE AND THE PATIENT EXPERIENCE. THE INSTITUTE IS ORGANIZED AS AN INDEPENDENT SCIENTIFIC RESEARCH AND EDUCATIONAL ENTITY, ALLOWING IT TO OPERATE FLEXIBLY AND RAPIDLY.
Executive compensation
Form 990 · Schedule J · 8 reported individuals · Filing year 2023
| Base salary | Executive compensation | |
|---|---|---|
Trustee board member $335k | ||
Trustee - President board member $64k | ||
Trustee-Treasurer officer (unspecified) $62k | ||
Trustee -Chair board member $57k | ||
Secretary (Thru 9/2023) secretary (operational) $48k | ||
Trustee board member $38k | ||
Former Trustee board member $34k | ||
Secretary (Start 9/2023) secretary (operational) $15k | ||
Plus 1 unpaid individual.
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