In the News

Landmark Health Explores Possible Sale

McKesson Ventures portfolio company Landmark Health is considering a sale, making it possible for Landmark’s chief executive to take a leadership role with the Centers for Medicare and Medicaid Innovation. Landmark provides home healthcare for chronically ill patients. It focuses on behavioral, social, medical, and palliative...

Landmark Health Sale Rumored, Chief Exec Up for CMMI Post

Landmark Health, a healthcare company backed by private equity firms such as McKesson Ventures, is exploring the possibility of a sale. This would free up Landmark CEO Adam Boehler to head the Center for Medicare and Medicaid Innovation (CMMI). Back in December, Politico reported that...

It’s California’s second richest company, but you probably haven’t heard of it

What’s the second richest company in California? If you can’t answer that question, you aren’t the only one. The answer? McKesson Corporation. According to Fortune, McKesson is “a massive corporation hiding in plain sight.” A distributor of pharmaceuticals and other medical supplies, McKesson is often overlooked...

Digital healthcare investment deals grow by nearly one-third in 2017

Investors poured $5.8 billion into digital healthcare in 2017, according to Rock Health. That’s an increase of $1.4 billion – or 32.1% – over 2016’s investments. This kind of growth has been standard over the last several years; since 2012, digital healthcare investment has had...

Kyruus Joins Epic App Orchard To Enable Seamless Scheduling

Kyruus and the Epic App Orchard have joined forces. The new partnership will allow hospital systems to use both Epic’s electronic health record (EHR) system and Kyruus’s DirectBook solution in tandem. This means that patients will now be able to access Kyruus’s ProviderMatch™ to find...

McKesson Ventures Donates $10,000 to Alzheimer’s Association

McKesson Ventures has donated $10,000 to the Alzheimer’s Association on behalf of ClearCare, a former portfolio company. Moving forward, McKesson Ventures intends to donate a portion of its financial returns from any positive exit to a charitable organization of that portfolio’s choosing, a move that...

82% of Consumers Do Not Use Telehealth, Survey Says

According to a report sponsored by Avizia, most consumers are not taking advantage of telehealth options. Avizia, a telehealth provider based in Virginia, sent out two surveys in March 2017 to get a feel for the current use rates among consumers and healthcare professionals. One survey...

Crossing Boundaries

In a recent article for The Daily Star, Shahriar Rahman interviewed Ian Kazi Shakil, founder/CEO of Augmedix. Augmedix, a McKesson Ventures portfolio company, uses Google Glass technology to give providers more time to focus on patient care. By taking on documentation and administrative tasks through...

VC-backed GRAIL Appoints Cook as CEO

GRAIL, Inc., a McKesson Ventures portfolio company whose mission is to detect cancer early when it can be cured, announced on December 14th the appointment of Jennifer Cook as Chief Executive Officer, effective January 2nd, 2018. Bill Rastetter, the interim CEO since August 2017, will continue...