Title: Top Pittsburgh Business News of the Week
Pittsburgh is known for its thriving business community, and every week, there are new developments and exciting updates from the local business scene. As we approach the end of the week, let’s take a closer look at the top Pittsburgh business news of the week.
1. Pittsburgh-Based Company Nets $100 Million Investment
Acrelec, a Pittsburgh-based technology company that specializes in digital kiosks and self-service solutions, announced on Wednesday that it had raised $100 million in a funding round led by Advent International. The company plans to use this investment to expand its international reach and increase its product offerings.
2. Pittsburgh Hospital System to Merge with AHN
Highmark Health, the parent system of Allegheny Health Network (AHN), announced on Tuesday that it had signed a letter of intent to merge with the West Penn Allegheny Health System. This merger would create one of the largest hospital systems in the region, with a combined revenue of $19 billion and over 35,000 employees.
3. Pittsburgh Among the Top Cities for Small Business Growth
A report released by the online lending marketplace LendingTree this week named Pittsburgh as one of the top 50 cities for small business growth. The report cited factors such as low startup costs, access to capital, and a growing population as reasons why Pittsburgh is an ideal city for small business owners.
4. Pittsburgh Hospital System Launches Digital Health Platform
UPMC, one of the largest hospital systems in the region, announced this week that it had launched a digital health platform that allows patients to access their records, communicate with their doctors, and schedule appointments online. The platform, called MyUPMC, was developed in-house and is available to all UPMC patients.
5. Pittsburgh-Based Startup Launches Sports Betting Platform
Sports betting is now legal in Pennsylvania, and a Pittsburgh-based startup called Rivers Casino has launched its own online sports betting platform. The platform, called BetRivers, offers a wide range of betting options for sports fans and has quickly become one of the most popular online sportsbooks in the state.
In conclusion, this week has been a busy one for Pittsburgh’s business community, with major investments, hospital system mergers, and exciting new digital platforms and startups being launched. As we continue to see growth and innovation in the Pittsburgh business scene, it’s clear that the city is an ideal place for entrepreneurs and business owners to thrive.
