The Innovation Institute and Tech Knowledge Associates (TKA), its subsidiary specializing in full-risk healthcare technology management, has formed Healthcare Technology Group (HTG), an asset management firm. Drawing from decades of service and experience, HTG aims to streamline the concept of medical equipment management. 

Steve Cannon will lead HTG as president and CEO. Cannon has a long career in healthcare, as well as in the healthcare technology and the asset management industry. He has held executive leadership positions at Sun Health and Premier, one of the nation’s largest group purchasing organizations. He also served as the inaugural president of AllParts Medical and has held executive leadership roles at Aramark, Philips Healthcare, Sodexo, and, most recently, Althea U.S.

Cannon says that under his leadership, he intends for HTG to be the partner of choice for asset management in the U.S. healthcare market, and provider of healthcare technology consulting and other services for both the healthcare and commercial market segments nationwide. 

Speaking about HTG’s vision, Cannon says that, “At a strategic level, HTG plans to offer unprecedented partnership structures to in-house programs for both health systems and rural hospitals—programs that have historically only been offered to large hospitals and health systems.” He also emphasizes that “HTG will be able to deliver a comprehensive and differentiated clinical asset management program in an ever-changing environment.” 

Cannon says the company intends to create value and be transformative by providing one of the most comprehensive service offerings in the industry. HTG’s programs are designed to reduce their clients’ cost of maintaining their equipment portfolio, while also delivering improved equipment performance, reduced equipment downtime, enhanced customer satisfaction, and optimized patient outcomes, company officials say.