UPMC and medCPU Inc. has announced a strategic partnership in which UPMC, one of the nation’s leading integrated health systems, will take a majority interest in this technology innovator, become a customer of medCPU’s real-time decision support solutions and co-develop additional products with the goal of improving patient outcomes.
As part of this transaction, UPMC has commenced a tender offer to purchase stock from existing non-employee medCPU shareholders and expects to hold
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UPMC
Backed by UPMC, Mental Health Startup Lantern Raises $17M
Mental health startup Lantern that provides online programs that provide effective, affordable support for emotional well-being has raised $17M in funding led by Pittsburgh-based UPMC. Other investors in the round included participation from Mayfield Fund, SoftTech Venture Capital andStanford University. As a leading mental health provider and research organization, UPMC will partner with Lantern to leverage its platform within a myriad of clinical settings and conditions.
Proven Approach,
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UPMC, Health Catalyst Partner To Develop Cost Management Solution
UPMC and Health Catalyst are teaming up in a strategic partnership to develop a cost management solution that will measure and analyze the true cost of healthcare delivery for each patient. The partnership is the first of its kind that builds upon an activity-based cost management system developed by UPMC for commercial use and Health Catalyst's Enterprise Data Warehouse (EDW) infrastructure, analytics expertise, and professional services. Financial details of the partnership were not
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