Portfolio News

Trident Medical Center Joins Sarah Cannon Research Institute in National Early Cancer Detection Study

Trident Medical Center of Charleston, South Carolina, announced that it and Sarah Cannon, the Cancer Institute of HCA Healthcare, will participate in a study called STRIVE, which focuses on developing a test for early cancer detection. The STRIVE study is designed to determine if a blood test can identify genomic material arising from tumors so that breast cancer and other cancers can be detected at their earliest stages. The blood test will be given along with mammograms as part of the research. “Today’s announcement marks a major...

Evariant Awarded the 2018 Top Workplaces Honor by The Hartford Courant

Connecticut-based Evariant recently announced that it was awarded a 2018 Top Workplaces honor by The Hartford Courant. The Top Workplaces list is based solely on feedback from employees gathered through a third-party survey administered by research partner Energage, LLC. “Great people and culture are Evariant’s most valuable assets. We invest heavily in developing and hiring world-class talent who share and live our core values,” said Evariant CEO Clay Ritchey. “Receiving the Top Workplaces Award is a testament to our employees who bring their integrity, passion, and...

Augmedix Bangladesh plans to create 2000 jobs by 2021

McKesson Ventures portfolio company Augmedix provides a technology-enabled documentation service for health systems and doctors using Google Glass and remote scribes to take notes during doctor visits, has announced that it plans to create thousands of new jobs in Bangladesh. Augmedix Bangladesh recently announced its goal of creating more than 2,000 middle-income jobs in that nation by 2021. It also plans to make successful career paths for scribes to achieve higher positions. The announcement came at a ceremony celebrating scribes’ achievements over the past year. The night...

AMA, AHIP, and Others Oppose Upside-Only ACO Changes for MSSP

The news of proposed changes to accountable care organizations’ financial risk has gotten people all over the healthcare field in the U.S. involved in the discussion. The Center for Medicare and Medicaid Services has recently come out with a proposal to limit the amount of time accountable care organizations have to assume financial risk as part of their bargain with the Medicare Shared Savings Program (MSSP). Originally the timeline was six years before ACOs began assuming financial risk. The proposal shrinks that timeline to two...

The Last Company You Would Expect Is Reinventing Health Benefits

It’s hard to think of a business less likely to transform healthcare than America’s most hated company, Comcast. But they are, and in doing so, their healthcare costs have stayed nearly flat—increasing by about 1 percent a year versus 3 percent per year, the national average for large employers. Comcast spends about $1.3 billion a year on healthcare for its 225,000 employees and their families. Unlike some companies, it has chosen not to contain medical costs by more common options such as high-deductible plans; in fact,...