Clients in the News: UPMC, HCA, WakeMed and CoxHealth

In this edition of Clients in the News, we feature a $1 billion life sciences commitment from the University of Pittsburgh Medical Center (UPMC), HCA’s stake in one of the largest private nursing school operators, WakeMed’s use of drones to transport lab samples, and CoxHealth’s new telehealth network for sexual assault victims.

UPMC venture arm announces $1B life sciences commitment

University of Pittsburgh Medical Center's venture capital arm is committing $1 billion in investments toward developing new drugs, diagnostics, and devices by 2024. The investments will be targeted to complement the work already under way, including a $200 million commitment toward an immunotherapy-focused partnership with the University of Pittsburgh. (Fierce Healthcare)

HCA takes stake in major private nursing school operator

Hospital operator HCA now has a majority stake in the parent company of the Louisville, KY-based Galen College of Nursing, one of the largest private nursing school operators with campuses in four states. HCA, the nation's largest hospital operator with about 94,000 registered nurses in its facilities, said this arrangement will help foster a pipeline of nurses. (Healthcare Dive)

How WakeMed is reaching new heights for innovation, including with its drone program

Diana Rhyne, Executive Director of Innovation and Research at the Raleigh, NC-based WakeMed Health & Hospitals, talks about spearheading simple initiatives to improve patient and provider experiences as well as larger projects, such as the health system’s use of drones to shuttle laboratory samples. (Becker’s Hospital Review)

CoxHealth to launch telehealth program for sexual assault survivors

CoxHealth is getting almost $600,000 in federal funding to establish a telehealth program to improve care for sexual assault victims in rural Missouri. The six-hospital health system, based in Springfield, is joining a growing number of health systems using telemedicine technology to extend the reach of Sexual Assault Nurse Examiners (SANEs) to rural and remote hospitals and clinics. (mHealth Intelligence)

Posted by Jana Ballinger 02/06/2020 Categories: Clients in the News