UPMC, a healthcare provider and insurer in Pittsburgh, has announced a partnership with Health Catalyst to measure the cost of healthcare delivery.
The agreement builds on an activity-based cost management system developed by UPMC for commercial use.
“Thanks to our ability to compare outcomes and costs across a patient’s entire care experience — and by service line, hospital and physician — UPMC is identifying and adopting best practices that enhance quality while reducing spending, a convergence that is the ‘Holy Grail’ of healthcare,” said Robert DeMichiei, executive vice president and chief financial officer of UPMC. “This strategic partnership with Health Catalyst will significantly accelerate that effort by leveraging the experience and know-how of both organizations to benefit UPMC’s patients and others across the country.”
Health Catalyst announced similar partnerships with Partners HealthCare and Allina Health in 2015.
