How UPMC Turned Innovation Into an Enterprise

In a recent interview with HealthLeaders, Tal Heppenstall, executive vice president and treasuerer of UPMC and president of UPMC Enterprises, discusses what makes UPMC Enterprises unique and how we approach innovation in health care.

“UPMC in Pittsburgh operates ahead of the curve. As healthcare transforms to value-based care and health systems explore investing in innovations that will change healthcare delivery, many eyes are turning to western Pennsylvania to get a closer look at a model that successfully combines both initiatives in a rather unique fashion.

UPMC Enterprises is the innovation and commercialization arm of UPMC, which is affiliated with the University of Pittsburgh. While the medical center has a long history of innovation, the organization formalized these operations in 2014 and is widely regarded as one of the most successful such ventures in the country, launching multiple companies.”