HealthLeaders Media February 25, 2020
The organization’s billion-dollar investment in translational science and digital solutions could ‘fundamentally change’ care for the sickest patients.
KEY TAKEAWAYS
Understanding that some ventures will fail is essential to the innovation process.
A cloud-based platform to eliminate data silos is an essential component of UPMC’s initiative.
Many healthcare systems talk about changing the way healthcare is delivered. UPMC Enterprises has put $1 billion behind that notion. In January, the innovation and investment arm of UPMC announced a substantial financial commitment to develop new drugs, diagnostics, and devices by 2024. The entire sum is coming from UPMC’s investment portfolio.
Launched in 2014, UPMC Enterprises has invested more than $800 million in its entrepreneurial efforts to date,...
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