UPMC, Health Catalyst partner to bring cost-management tool to market

UPMC on Monday said it will partner with Health Catalyst to take on the rising cost of healthcare by commercializing the healthcare system's cost management technology. Neither partner is releasing the financial terms of the deal, but Health Catalyst CEO Dan Burton said it was the company's biggest yet to a new customer. The Salt Lake City-based company's first similar partnership with a healthcare provider was with Minneapolis-based Allina Health. That deal was valued at $100 million. While previous deals were aimed at boosting healthcare quality and outcomes while also reducing cost, but none has been as focused on cost as the UPMC does.