eVisit Acquires UPMC's Inpatient Teleconsult Expertise and Secures Funding from UPMC Enterprises and MedStar Well being

eVisit Acquires UPMC's Inpatient Teleconsult Expertise and Secures Funding from UPMC Enterprises and MedStar Well being

July 10, 2024 – eVisit, the main digital care transformation companion for revolutionary well being techniques, introduced the acquisition of UPMC’s affected person teleconsultation know-how, alongside strategic direct investments from UPMC Enterprises and MedStar Well being, including to the $45 million Sequence B fundraise led by Goldman Sachs Asset Administration. The organizations may also respectively pursue co-development alternatives with eVisit and have representatives be part of eVisit’s Medical Advisory Board.

UPMC Expertise Acquisition and New Partnerships

UPMC Enterprises, the innovation, commercialization and enterprise capital arm of UPMC, has entered into an settlement for eVisit to accumulate its inpatient teleconsult know-how platform. The acquisition will considerably increase eVisit’s inpatient telehealth capabilities to facilitate speedy, professional care and additional its management in serving well being techniques in outpatient and inpatient care settings.

Developed by UPMC in 2020 through the early levels of the COVID-19 pandemic, the teleconsult know-how allows digital medical specialists to effectively seek the advice of with bedside clinicians on medical care throughout 5 providers: stroke, neurology, intensive care, psychology, and toxicology. This teleconsult know-how offers world-class medical care to sufferers even in probably the most distant rural hospitals. Since its inception, 40,000 consultations have been delivered by way of the teleconsult know-how platform, leading to a 92% discount in wait occasions.

UPMC Enterprises Expertise Companies may also present know-how consulting experience to eVisit. Andrew R. Watson, MD, UPMC Enterprises senior medical advisor and previous president of the American Telemedicine Affiliation, will be part of eVisit’s Medical Advisory Board.

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