Investments
2Portfolio Exits
1Partners & Customers
10Latest University Health Network News
May 11, 2022
News provided by Share this article One hundred fifty years ago, a star was born – St. Luke's Hospital! BETHLEHEM, Pa., May 11, 2022 /PRNewswire/ -- St. Luke's has been a cornerstone of Pennsylvania's Lehigh Valley ever since. The Lehigh Valley's oldest hospital was founded in the spring of 1872 to provide industrial workers, many of them from Bethlehem Steel, with local access to health care, eliminating the long journey to New York or Philadelphia for critical treatment. A century and a half later, St. Luke's continues to honor its commitment to local business and the community – as the Network's iconic star logo shines as bright as ever. St. Luke's University Hospital - Bethlehem Campus Today, St. Luke's University Health Network, based in Bethlehem, Pa., is the Lehigh Valley's biggest health care system, and it is the one that wins the most awards for quality, service and affordability. A fully integrated, regional, non-profit system of more than 17,000 employees, it provides services at 14 campuses that together operate the biggest network of trauma centers in Pennsylvania. With more than 300 outpatient sites and annual net revenue of $3 billion, the Network's service area includes 11 counties: Lehigh, Northampton, Berks, Bucks, Carbon, Montgomery, Monroe, Schuylkill and Luzerne counties in Pennsylvania and Warren and Hunterdon counties in New Jersey. Dedicated to advancing medical education, St. Luke's is the preeminent teaching hospital in central-eastern Pennsylvania. In partnership with Temple University, the Network established the Lehigh Valley's first and only four-year medical school campus. It also operates the nation's longest continuously operating School of Nursing, established in 1884, and 40 fully accredited graduate medical educational programs with 419 residents and fellows. In 2022, St. Luke's, a member of the Children's Hospital Association, opened the Lehigh Valley's first and only free-standing facility dedicated entirely to kids. St. Luke's is the only Lehigh Valley-based health care system to earn Medicare's five-star ratings (the highest) for quality, efficiency and patient satisfaction. It is both a Leapfrog Group and Healthgrades Top Hospital and a Newsweek World's Best Hospital. Three of IBM Watson Health's 100 Top Hospitals are St. Luke's hospitals. The Network's flagship University Hospital has earned the 100 Top Major Teaching Hospital designation from IBM Watson Health nine times total and seven years in a row, including in 2021 when it was identified as THE #1 TEACHING HOSPITAL IN THE COUNTRY. In 2021, IBM Watson Health also named St. Luke's among the 15 Top Health Systems nationally. About St. Luke's Founded in 1872, St. Luke's University Health Network is a fully integrated, regional, non-profit network of more than 17,000 employees providing services at 14 campuses and 300+ outpatient sites. With annual net revenue of $3 billion, the Network's service area includes 11 counties in Pennsylvania and New Jersey. Dedicated to advancing medical education, St. Luke's is the preeminent teaching hospital in central-eastern Pennsylvania. SOURCE St. Luke's University Health Network ×
University Health Network Investments
2 Investments
University Health Network has made 2 investments. Their latest investment was in SQI Diagnostics as part of their Grant on March 3, 2020.
University Health Network Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/25/2020 | Grant | SQI Diagnostics | Yes | 1 | ||
10/11/2011 | Seed VC |
Date | 3/25/2020 | 10/11/2011 |
---|---|---|
Round | Grant | Seed VC |
Company | SQI Diagnostics | |
Amount | ||
New? | Yes | |
Co-Investors | ||
Sources | 1 |
University Health Network Portfolio Exits
1 Portfolio Exit
University Health Network has 1 portfolio exit. Their latest portfolio exit was BlueRock Therapeutics on August 08, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/8/2019 | Acquired | 6 |
Date | 8/8/2019 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 6 |
University Health Network Acquisitions
1 Acquisition
University Health Network acquired 1 company. Their latest acquisition was Surgery Center of Columbia County on January 28, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/28/2020 | Corporate Majority | 1 |
Date | 1/28/2020 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Corporate Majority |
Sources | 1 |
University Health Network Partners & Customers
10 Partners and customers
University Health Network has 10 strategic partners and customers. University Health Network recently partnered with Kailo Medical on September 9, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/27/2021 | Vendor | Australia | University Health Network (UHN) Selects Kailo Medical's SonoReview University Health Network conducted a thorough due diligence process and selected Kailo Medical 's solution for its ability to easily integrate within their existing infrastructure and the company 's track record for collaborative implementation and excellent support . | 2 | |
1/21/2021 | Vendor, and Client | Canada | TELUS launches newest Health for Good mobile clinic to support Toronto’s most marginalized citizens The launch of a mobile health clinic in partnership with Parkdale Queen West Parkdale Queen West Community Health Centre and TELUS International is exactly the sort of innovation we need , not only to respond to the pandemic , but in building lasting partnerships that shift care to the centre of communities that need it most , '' says Dr. Andrew Boozary , Executive Director of UHN 's Social Medicine Program by a $ 10 million commitment from TELUS International , Health for Good is already active from coast-to-coast with clinics operating in Victoria , Vancouver , Surrey , Calgary , Edmonton , Ottawa , Mississauga-Peel Region , Waterloo Region , Montreal , Halifax , and now Toronto . | 1 | |
1/5/2021 | Client | Canada | Toronto , February 14 , 2012 -- Health technology company Infonaut , a MaRS client , announced it has signed a contract with the University Health Network to test its real-time disease surveillance system , Hospital Watch Live , at the Toronto General Hospital . | 1 | |
9/19/2019 | Partner | ||||
6/25/2019 | Vendor |
Date | 9/27/2021 | 1/21/2021 | 1/5/2021 | 9/19/2019 | 6/25/2019 |
---|---|---|---|---|---|
Type | Vendor | Vendor, and Client | Client | Partner | Vendor |
Business Partner | |||||
Country | Australia | Canada | Canada | ||
News Snippet | University Health Network (UHN) Selects Kailo Medical's SonoReview University Health Network conducted a thorough due diligence process and selected Kailo Medical 's solution for its ability to easily integrate within their existing infrastructure and the company 's track record for collaborative implementation and excellent support . | TELUS launches newest Health for Good mobile clinic to support Toronto’s most marginalized citizens The launch of a mobile health clinic in partnership with Parkdale Queen West Parkdale Queen West Community Health Centre and TELUS International is exactly the sort of innovation we need , not only to respond to the pandemic , but in building lasting partnerships that shift care to the centre of communities that need it most , '' says Dr. Andrew Boozary , Executive Director of UHN 's Social Medicine Program by a $ 10 million commitment from TELUS International , Health for Good is already active from coast-to-coast with clinics operating in Victoria , Vancouver , Surrey , Calgary , Edmonton , Ottawa , Mississauga-Peel Region , Waterloo Region , Montreal , Halifax , and now Toronto . | Toronto , February 14 , 2012 -- Health technology company Infonaut , a MaRS client , announced it has signed a contract with the University Health Network to test its real-time disease surveillance system , Hospital Watch Live , at the Toronto General Hospital . | ||
Sources | 2 | 1 | 1 |
University Health Network Team
6 Team Members
University Health Network has 6 team members, including former Chief Executive Officer, President, Peter Pisters.
Name | Work History | Title | Status |
---|---|---|---|
Peter Pisters | Chief Executive Officer, President | Former | |
saleem khan | Chief Technology Officer | Former | |
Lydia Lee | Chief Information Officer, Senior Vice President | Former | |
Larry Baldachin | WeWork, Canadian Tire, Rogers Communications, Dell Technologies, Metafore Technologies, and Compugen | Executive Vice President | Former |
Kevin Empey | Executive Vice President | Former |
Name | Peter Pisters | saleem khan | Lydia Lee | Larry Baldachin | Kevin Empey |
---|---|---|---|---|---|
Work History | WeWork, Canadian Tire, Rogers Communications, Dell Technologies, Metafore Technologies, and Compugen | ||||
Title | Chief Executive Officer, President | Chief Technology Officer | Chief Information Officer, Senior Vice President | Executive Vice President | Executive Vice President |
Status | Former | Former | Former | Former | Former |
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