Portfolio News

GRAIL Announces Significant Progress with Multi-Cancer Early Detection Test Including FDA Breakthrough Device Designation

Liquid biopsy company GRAIL announced today that its multi-cancer test has been granted Breakthrough Device designation from the U.S. Food and Drug Administration. This investigational blood test is in development for the early detection of multiple cancer types in individuals aged 50 and over. The FDA grants Breakthrough designation to devices that have the potential to provide for more effective diagnosis of life-threatening diseases such as cancer. “We’re excited the FDA recognizes the potential of our multi-cancer early detection blood test,” said GRAIL CEO Jennifer Cook. “There...

Kyruus Announces Availability of ProviderMatch DirectBook in the Cerner App Gallery for Direct Scheduling into Cerner Millennium®

Kyruus recently announced that its ProviderMatch DirectBook has been included in the Cerner App Gallery. Cerner, an electronic health record platform, is used by hospitals across the U.S. The inclusion in the Cerner App Gallery means that ProviderMatch DirectBook has completed the code Developer Program validation process, which verifies four major categories: security, functionality, technical conformance, and operations. This process ensures that apps meet client security and reliability expectations. Health systems using the Cerner Millennium EHR workflows can add ProviderMatch DirectBook to their software. “Enabling patients to not...

TytoCare home diagnostics device now sold at Best Buy

Retail electronics chain Best Buy recently announced a new partnership with Israeli health tech company TytoCare to carry the company’s digital diagnostics kit. The kits will be available at Best Buy stores in California, North and South Dakota, Ohio, and Minnesota, as well as through Best Buy’s website. TytoHome, as the device is known, has the option of using the device with LiveHealth Online’s consultation service, which is offered through American Well. Tyto is also partnering with regional healthcare systems including Sanford Health, which operates in Minnesota...

Providers, Execs Applaud Medicare’s Primary Cares Initiative

Provider groups and healthcare executives are on board with Medicare’s new Primary Cares Initiative, which will shift primary care from fee-for-service to value-based reimbursement models starting in 2020. “Providing adequate financial support for high quality primary care must be an essential element of any strategy to improve the quality and affordability of our country’s healthcare system,” said Gerald E. Harmon, M.D., immediate past chair of the American Medical Association Board of Trustees. Provider groups are especially excited about the initiative’s Primary Care First (PCF) track, which includes...

AllyAlign Health Announces Strategic Growth Investment Funding from McKesson Ventures

AllyAlign Health, an administrator of Medicare Advantage special needs plans that benefit long-term care providers, announced today that it had closed a $10 million strategic funding round led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners, and the Ziegler LinkAge Fund II also participated in the round. AllyAlign partners with long-term care providers to improve care for elderly patients and helps providers flourish during the ongoing transition to value-based care. It does so by offering a technology platform that streamlines and coordinates...