Portfolio News

Amazon continues its push into the pharmacy business, and has appointed a 14-year vet to run it

Amazon recently appointed Nader Kabbani to run its new pharmacy business. Kabbani, a 14-year veteran at Amazon, helped build the Kindle self-publishing platform and has served as the company’s vice president in the logistics business, is now “vice president of consumables, special projects,” according to a report by CNBC. When Amazon bought PillPack in 2018, the $800 million purchase price included the entire PillPack team, including CEO TJ Parker, technology head Alan Gao, and product chief Elliot Cohen. That team will report directly to Kabbani. The pharmacy business...

Constellation ShortList™ Virtual Care Platforms

Virtual healthcare technology has become the standard for healthcare because it enables better and more effective care. The most notable benefit of virtual care to patients is its convenience; rather than having to travel to and from a hospital or clinic to get or give care, patients can talk with their doctors or other providers from their homes. As healthcare has moved out of the inpatient setting to ambulatory care as much as possible, virtual care technology helps to achieve that objective. With that in mind, Constellation...

Propeller Health’s new deal with Orion Corporation extends its European reach

Wisconsin-based Propeller Health is partnering with Finnish pharmaceuticals and diagnostics company Orion Corporation to help European asthma and COPD sufferers. Starting in 2019, the companies will begin developing a custom-built Propeller sensor for Orion’s Easyhaler line of inhaled pulmonary drugs. These sensors will connect to Propeller’s digital health platform, which will allow users and their healthcare providers to track medication use. “People and their physicians are eager for medicines that put digital to work to improve their treatments and quality of life,” said Propeller Health Co-founder and...

American Well Unveils Next Generation of Multi-Function Telehealth Carts at HIMSS 2019

Telehealth company American Well announced the launch of the American Well 250 Cart, the most comprehensive cart to connect providers with thousands of specialists on demand. This is also the first integrated telemedicine device brought to market by American Well after its acquisition of Avizia in 2018. “We have passed the point of no return when it comes to health systems embracing telehealth as a core competency,” said American Well CEO Roy Schoenberg, MD. “The new 250 cart allows for the consumption of a mix of...

Netsmart and American Well Partner to Address the Opioid Crisis at HIMSS19

Netsmart, a provider of electronic health records (EHR), solutions, and services to behavioral health, social services, and post-acute organizations, is partnering with American Well to provide a new approach to addressing the nation’s growing opioid crisis. The partnership was revealed as part of the Interoperability Showcase at the 2019 HIMSS Conference. According to the U.S. Department of Health and Human Services (HHS), around 11.4 million people misuse prescription opioids, and an estimated 130 people die every day due to opoid-related drug overdoses. Both HHS and the...