LCMC Health, a New Orleans-based, non-profit health system, completed an $220m investment in Tulane University, an university. “Together with LCMC Health, we can combine our strengths to expand world-class academic medicine in the greater New Orleans area. Academic medical centers provide the most complex and high-quality care and are the birthplace of new treatments and technologies. This partnership will help drive clinical, educational, and economic innovation and growth that improves the quality of life across our entire region,” Michael A. Fitts, Tulane University President.