In the News
Digital health funding continues its strong trajectory in 2018 as providers eye strategic investments
Investment money continues to flow during the first quarter after a historic year of digital health funding. In the US, digital health funding reached a record $1.62 billion in Q1, according to Rock Health. Venture funding surpassed last year’s $1.41 billion in the first three months. If this year’s pace continues,...
Accolade Raises $50M in Financing
Seattle, WA-based personalized health and benefits solutions provider Accolade raised $50 million in a funding round led by existing investors Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures. Cross Creek Advisors and Madera Technology Partners also joined as new investors....
Landmark Health plans N.C. entrance through partnership with BCBSNC
Landmark Health, based in California, is planning its entrance into the North Carolina market through a new partnership with Blue Cross and Blue Shield of North Carolina. The news came Thursday from Jessica Diaz, senior director of brand and marketing at Landmark. “We’re a risk-based provider group that cares for...
Hopes are high for Amazon’s entry into health care – as long as they don’t ‘pull a Facebook’
Amazon is entering the healthcare business. While there is great opportunity for success as it becomes among the first tech giant to enter the industry, it also means Amazon must tread cautiously. Success or failure could hinge on how the company chooses to manage patient data. If done correctly, Amazon may be able...
Partners HealthCare Expands Use of Kyruus Technology Across Its Network to Enhance Patient Access
Partners HealthCare has expanded its use of the Kyruus ProviderMatch™ suite of patient access solutions. Kyruus, a McKesson Ventures portfolio company, is a leading provider of enterprise software solutions that enable hospitals and health systems to optimize the patient experience across all channels of patient...
At SplashX—How VCs Define the Future of Clinics, and What Gets Them Excited About It?
Vator recently held the first of four events centered around the advances in healthcare. The first panel featured venture capitalists who are investing heavily in healthcare technologies, including McKesson Ventures’ Managing Director Dave Schulte. On the question of what the panelists see as driving the future of...
Providers don high-tech specs to cut screen time, boost patient interaction
At Dignity Health, dozens of physicians are donning Google Glass as part of their new daily routines. Dignity has adopted the technology through Augmedix’s remote scribe service, saving physicians up to 15 hours per week. That translates to about one to two-and-a-half hours per day. “Physicans have an incredibly high...
Truveris Appoints Sally Welborn, former head of Walmart Global Benefits to Board of Directors
Truveris, a McKesson Ventures portfolio company, has announced that it has elected Sally Welborn to its board of directors. Welborn brings 30+ years of industry experience to Truveris, which is working to provide everyone with access to affordable prescription medication. Welborn expressed her support of Truveris’s...
Venture Investors: Theranos’s Fall Underscores Need for Transparency
Medical startups need to communicate their progress well, or they set themselves up for failure. Theranos Inc. is the most recent example of how negligence can carry big consequences. Venture capitalists and entrepreneurs attribute the company’s downfall to a failure to be transparent in dealings with investors and...
Aledade, Horizon BCBS J.J., Form Value-Based Care Partnership
Accountable care organization (ACO) company Aledade, Inc. and health insurer Horizon Healthcare Services Inc. just announced a new value-based care collaboration. The partnership’s goal is to deliver coordinated care to more than 20,000 commercially-insured and Medicare Advantage patients, the ultimate object being...
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