Shares Of Evolent Health Jump After IPO

Evolent Health Inc., the company co-founded in 2011 by University of Pittsburgh Medical Center (UPMC) Health Plan and The Advisory Board Committee global consultants in Washington, D.C., has seen its shares jump more than $2. According to its website, Evolent Health helps health systems build “a new model of care delivery resulting in meaningful alignment between providers, payers, physicians and patients.” Its 750-member team partners with providers and physician organizations in more than 25 U.S. markets. UPMC holds a 22.5 percent ownership in Evolent Health. UPMC’s original $38 million investment was valued at $250 . . .