UPMC Acquires Local Hospice Provider

The University of Pittsburgh Medical Center (UPMC) has been busy this year, with two acquisitions and a “significant investment,” after 18 months off the M&A circuit. This month’s acquisition was Family Hospice and Palliative Care, also in Pittsburgh. The company is the state’s largest not-for-profit medical services provider for people with terminal illness. UPMC also made an undisclosed investment in Health Fidelity, a Palo Alto-based technology company with a “risk adjustment solution” that was deployed by UPMC Health Plan last year. UPMC’s previous acquisition was Jameson Health System in New Castle, Pennsylvania, announced in February. Read More »