Public Offering of Evolent Health is a Win for Co-Founder UPMC

06/05/2015 | UPMC Health Plan
Evolent Health Inc., co-founded less than five years ago by UPMC and The Advisory Board Company, went public today on the New York Stock Exchange with a market capitalization exceeding $1 billion.

The initial public offering underscores UPMC’s strategy of commercializing its clinical, technological and managerial expertise to improve health care while earning funds to support the health system and creating new jobs in the communities it serves.