What You Should Know:
- A new report from the Center for Connected Medicine (CCM) at UPMC and KLAS Research reveals that healthcare leaders are increasingly investing in technology to address persistent workforce issues, years after the COVID-19 pandemic strained the industry to its limits.
- The new report, titled “Transforming Health Care Workforce Management: How Technology Can Address Workforce Challenges at Health Systems,” indicates a decisive shift in strategy. Over 80% of
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UPMC
M&A: GHX to Acquire Prodigo Solutions
What You Should Know:
- Today, Global Healthcare Exchange (GHX) announced that it has signed a definitive agreement to acquire Pittsburgh, Penn.-based Prodigo Solutions, Inc. (Prodigo), a supply chain and data enablement technology company.
- Prodigo was founded in 2008 by UPMC, the world-renowned Pittsburgh-based healthcare provider and insurer. Prodigo’s offerings help to broaden the healthcare supply chain’s span of control, expanding the potential for savings
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Smile Digital Health Closes $30M to Expand Health Data Fabric Platform
What You Should Know:
- Smile CDR Inc. (doing business as Smile Digital Health) ("Smile"), a FHIR® health data fabric (HDF) and exchange solutions provider raises $30M in Series B growth capital led by existing investors including UPMC Enterprises.
- Founded in 2016, Smile's HDF platform uses industry-leading HDF architecture and ONC-compliant, event-driven FHIR APIs to allow healthcare providers, payers and IT vendors to build secure,
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M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology
What You Should Know:
- Arrive Health, a provider of real-time benefit tools and integrated solutions that improve patient affordability, today announced the acquisition of a suite of innovative patient engagement and automation technologies developed by UPMC Enterprises and the UPMC Pharmacy Network.
- The acquisition adds AI-driven virtual assistant technology and a robust patient management system to its affordability offerings, expanding support for more than 200 million
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Improving Patient Access to Med Services Named Top Priority for Health Systems
What You Should Know:
- Improving patient access to medical services remains a top priority for U.S. health systems as they grapple with economic uncertainty and the continued impact of the COVID-19 pandemic, which has altered patient behavior, according to a new report from the Center for Connected Medicine (CCM) and KLAS Research.
- To address the challenge, health systems are investing in telehealth technology, patient portals and other digital tools, updating their organizational
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Redesign Health Raises $65M to Build Next-Gen Health Startups
What You Should Know:
- Redesign Health, a healthcare company that researches, builds and launches other healthcare companies raises $65M in Series C funding led by General Catalyst with participation from CVS Health Ventures, UPMC Enterprises (the innovation and venture capital arm of leading health system UPMC), Eden Global Partners, Euclidean Capital, Samsung Next, TriplePoint Capital, and founding investor Declaration Partners.
- In addition, General Catalyst,
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Abridge Secures $12.5M to Power AI-Powered Medical Conversations
What You Should Know:
- Abridge, the leader in medical conversation artificial intelligence (AI), today announced an oversubscribed $12.5M Series A-1 led by Wittington Ventures.
- The round also had participation from all existing investors including Union Square Ventures, Bessemer Venture Partners, Pillar Venture Capital, and UPMC Enterprises, and new investors including Turing Award winner Yoshua Bengio, and Whistler Capital.
Automated Solutions to Combat Physician
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UPMC Invests in Kyruus’ Provider Match To Optimize Patient Access
- UPMC, a Pittsburgh-based healthcare provider and insurer, announced it is expanding its strategic partnership with Kyruus to further optimize patient access.
- UPMC has been a Kyruus customer since 2019 and now will be directly investing in the company and collaborating on the future development of Kyruus’ ProviderMatch platform. Last year, UPMC expanded its relationship with Kyruus to enable consumers to find care and book appointments — directly into the
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Cerner/Livongo Exec Joins Quantum Health, UPMC, Other Executive Appointments
Quantum Health, the industry leader in healthcare navigation and care coordination, announced that Zane Burke has joined the company as chief executive officer and member of the company’s Board of Directors. Prior to Quantum Health, Burke most recently chief executive officer of Livongo Health Inc. Burke assumes the role from Quantum Health founder and chief executive officer Kara Trott, who continues in her leadership role as Board Chair and will assist in a seamless transition.
Healthcare
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UPMC Spins Out Realyze Intelligence for AI-Based Clinical Intelligence Platform
What You Should Know:
- UPMC has launched Realyze Intelligence, a company that uses artificial intelligence and natural language processing to identify precise patient populations with chronic diseases and cancer to ensure they receive the most beneficial treatments.
- Founded by Gilan El Saadawi, M.D., Ph.D and Aaron Brauser founded in conjunction with UPMC Enterprises, the innovation and commercialization arm of UPMC.
- The U.S. healthcare industry spends
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