UPMC Selling Analytics to Curb Health Care Costs

UPMC this year will begin selling analytics software it built to help doctors deliver successful procedures at the lowest cost possible. UPMC built the software to curb its own health care costs, but is in discussions with three potential partners, says Robert DeMichiei, chief financial officer of UPMC. Some physicians testing the software are already beginning to modify their practices to curb costs, he said.

The effort is part of UPMC’s bid to address a government focus on the quality of outcomes over the volume of patients treated. Addressing the “holy grail of cost and quality,” UPMC has built software that shows physicians how they can achieve the most desirable outcomes from procedures using more efficient, lower cost clinical processes and equipment, says DeMichiei.