Portfolio News

Tips can help you keep more money in your pocket as health care bills, deductibles rise

The average American spends about $9,000 on healthcare each year, with a good $1,000 of that for services paid out of pocket. And as healthcare costs and health insurance deductibles keep rising, the consumer is only going to end up paying more for less. The Yakima Herald gave some tips on how Americans can save money on their healthcare expenses. One of the ways consumers can save money is to use telehealth options. Many insurance plans are starting to cover telehealth—“seeing a doctor” by phone, video...

GRAIL Announces Appointment of Key Executives as Company Makes Continued Progress in Development of Early Detection Products

GRAIL, a company whose mission is to detect cancer early, when it can be cured, recently announced the appointment of several key leaders as it continues to build its executive team. George Golumbeski has been appointed as President and will also serve on GRAIL’s Board of Directors, effective August 1, 2018. Other appointees include Onaiza Cadoret-Manier as Chief Commercial Officer and Fred Kohler as Vice President of People. Angela Lai is being promoted to Chief Technology Officer, where she will oversee software engineering and data...

Why I Chose Aledade as an ACO Partner

Ryan Frazine, MD, an independent primary care physician who operates his own practice in Paducah, Kentucky, understands the importance of remaining competitive in an environment dominated by hospital-based primary care doctors and specialists. In order to do so, he and a number of other independent physicians joined a local accountable care organization (ACO). Unfortunately, working with the ACO didn’t produce the results he had hoped. The doctors didn’t see significant progress in transitioning to value-based care and there was no clear vision of how that could...

Digital health funding shows no signs of tapering off with $3.4B invested in first half of 2018

A recent report from Rock Health revealed that investors put $3.4 billion into digital health companies between January 1 and June 30, 2018, nearly matching last year’s record $3.5 billion during the first half of 2017. The average deal size was $17.9 million, the highest it’s been since Rock Health started tracking funding data in 2011. Rock Health’s analysis is limited to U.S. companies with deals greater than $2 million and doesn’t include diagnostic and healthcare service companies. The analysis noted that there have been more...

100 Best Companies to Work For 2018

Seattle Business magazine unveiled its 2018 list of the 100 best companies to work for in 2018. McKesson Ventures portfolio company Accolade ranked #19 in the list of businesses with headquarters outside Washington state. Employees remarked that the leadership of the rapidly growing company “is always available for questions, concerns, and comments.” Businesses in four categories—small firms, midsize firms, large firms, and firms headquartered outside Washington state—were evaluated based on confidential surveys submitted by employees from companies all across the state. Companies need to nominate themselves to...