Portfolio News

McKesson and Augmedix Expand Collaboration to Enhance the Doctor-Patient Relationship

McKesson Corporation has announced an expansion of its collaboration with Augmedix. Augmedix provides doctors with hardware—either a smartphone or Google Glass—to securely livestream clinic visits to its cloud-based platform. A combination of proprietary natural language processing technology and human expert teams process the livestream to ensure the creation of quality and consistent documentation. “In delivering well over 30 million medical charts since our inception, we have gained valuable insight into doctor workflows and the continuously evolving and increasingly stringent documentation requirements of electronic health records (EHRs),” said...

The Cloud 100 Rising Stars 2019: Meet The 20 Up-And-Comers in Tech’s Hottest Category

McKesson Ventures portfolio company Komodo Health has been named as one of the Rising Stars of the Forbes Cloud 100 List. The Rising Stars are fast-growing cloud companies whose early momentum suggests they could become tomorrow’s must-use platforms, much like Stripe and Slack. The Rising Stars demonstrate impressive sales growth and buzz in the cloud sector. The companies were selected in partnership with Bessemer Venture Partners, which evaluates thousands of early-stage tech companies each year. More than half of this year’s Rising Stars are based in...

Can Artificial Intelligence Cut Docs’ Paperwork Burden?

The odds are good that doctors didn’t get into medicine so they could spend half their days, or more, writing chart notes. But that is the life of most physicians: half of their average workdays are spent entering data into EHRs and conducting clerical work, while only 27 percent is spent with patients. However, there is help on the horizon—or even closer. In the future, AI will be able to help cut back on medical administration and free up the valuable time of doctors. There are...

How conversations with frontline hospital staff keep Xealth from becoming another ‘tone-deaf’ startup: 4 Qs with COO Aaron Sheedy

Becker’s Hospital Review recently interviewed Aaron Sheedy, chief operating officer at Xealth, about the company’s mission to streamline the entire care delivery process, end to end, by giving providers tools that will improve outcomes and reduce their workloads. Xealth spun out of Renton, Washington-based Providence St. Joseph Health in 2017. It closed its $14 million Series A financing round in June of this year, with investors including Providence Ventures, Atrium Health, Cleveland Clinic, MemorialCare Innovation Fund, University of Pittsburgh Medical Center, and Froedtert & the Medical...

Walmart is launching its first standalone primary care clinic

According to a recent survey commissioned by American Well, two-thirds of Americans are willing to use telehealth. But when it comes to behavioral health, that’s not true: only 30 percent of the survey’s respondents would be willing to use it for counseling or other mental health services. Why is that important? It leaves a lot of room for large retailers to expand into that area. Walmart is taking the first big step in doing so; it is launching its first standalone primary care clinic, called Walmart...