Healthcare innovation refers to the development and implementation of new ideas, products, or processes that improve patient care and health outcomes. This can include advancements in medical technology, such as telemedicine and wearable devices, which enhance access to healthcare services and enable better monitoring of patients' health. Additionally, healthcare innovation encompasses new treatment methods, such as gene therapy and personalized medicine, which tailor therapies to individual patients. These innovations aim to make healthcare more efficient, effective, and accessible, ultimately leading to improved quality of life for patients and reduced costs for healthcare systems.