Becker's Healthcare August 29, 2024
UPMC Enterprises’ portfolio companies have made big moves so far in 2024.
As part of its second quarter financial report, UPMC outlined several successes for its venture capital arm this year. June was a particularly big month; the health system struck a deal for telehealth company eVisit to acquire its inpatient teleconsult technology for clinician-to-clinician virtual consults at ICU patient bedsides. UPMC expanded the technology to other specialties and used it for more than 40,000 teleconsults before the deal, and reducing wait times by 92%.
Realyze Intelligence, a UPMC Enterprises portfolio company, also hit big in the last two months. The technology supported two UPMC hospital studies published in the Journal of Clinical Oncology and JAMA Surgery about breast cancer...