All Updates

All Updates

icon
Filter
M&A
Funding
eVisit acquires UPMC's inpatient teleconsult technology for undisclosed sum
Telehealth
Jun 25, 2024
This week:
Partnerships
MGI Tech and Predica Diagnostics collaborate to develop Predica's targeted RNA sequencing tests
Precision Medicine
Jul 11, 2024
Partnerships
Renalytix partners with Steno Diabetes Center to advance precision medicine solutions for diabetes and chronic kidney disease
Precision Medicine
Jul 11, 2024
Partnerships
Myriad Genetics and Personalis cross-license patents for tumor-informed cancer treatment tests
Precision Medicine
Jul 11, 2024
Funding
Element Biosciences raises USD 277 million in Series D funding to commercialize AVITI DNA sequencer and support AVITI24 launch
Precision Medicine
Jul 11, 2024
Funding
Jacobi Robotics raises USD 5 million in seed funding to expand capacity
Smart Factory
Jul 11, 2024
M&A
Formlabs acquires Micronics for undisclosed sum to develop next-generation SLS printers
Additive Manufacturing
Jul 11, 2024
Partnerships
Anthropic partners with Amazon Bedrock to fine-tune Claude 3 Haiku model
Foundation Models
Jul 11, 2024
Funding
Lemon.markets raises EUR 12 million in funding to support growth
FinTech Infrastructure
Jul 11, 2024
M&A
Kipu Quantum acquires PlanQK platform to enhance accessibility to quantum computing solutions
Quantum Computing
Jul 11, 2024
Partnerships
Quantinuum and STFC Hartree Centre partner to enhance quantum computing accessibility in UK
Quantum Computing
Jul 11, 2024
Jun 25, 2024

eVisit acquires UPMC's inpatient teleconsult technology for undisclosed sum

M&A
Funding

  • eVisit, a provider of virtual care solutions for health systems, has acquired the inpatient teleconsult technology platform of UPMC for an undisclosed sum. The acquisition expands eVisit's telehealth capabilities to serve health systems across ambulatory and inpatient care settings.

  • Developed by UPMC in 2020 during the Covid-19 pandemic, the teleconsult technology facilitates quick virtual consultations between specialists and clinicians at the patient's bedside across various services like stroke, neurology, critical care, psychology, and toxicology. According to UPMC, the technology has resulted in a 92% decrease in wait times since its inception, with over 40,000 consultations delivered.

  • Alongside this acquisition, UPMC Enterprises, the health system's innovation arm, and MedStar Health, a not-for-profit telehealth provider, made an undisclosed investment in eVisit. eVisit did not disclose its planned use for the secured funds but noted that both UPMC and MedStar would pursue co-development opportunities with it and have the companies' representatives join eVisit’s advisory board.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.