Portfolio News

Former Landmark Health CEO named new CMMI director

The US Department of Health and Human Services has appointed former CEO and founder of home healthcare company Landmark Health Adam Boehler to be the new director and deputy administrator of the Centers for Medicare & Medicaid Innovation (CMMI) Boehler will replace CMMI director Patrick Conway, who announced his resignation in August citing plans to join Blue Cross and Blue Shield of North Carolina as its new president. The incoming director has a long history of success in healthcare. In addition to founding Landmark Health, Boehler also...

WTF Health | Blockchain God Ted Tanner of PokitDok

THBC recently announced it will help launch a new interview series hosted by Jessica DaMassa. The show will be about where the healthcare industry is headed, and will be called WTF Health – standing for ‘What’s the Future’ Health. The show leads off with an interview with Ted Tanner, CTO at PokitDok. In the interview, Jessica and Ted cover topics including what blockchain does and doesn’t do, how blockchain should be thought of as an ‘enablement platform,’ predictions for the future, and how blockchain will define...

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, digital health investment will surpass last year’s numbers, which reached $5.8 billion by the end of 2017. StartUp Health, a company that analyzes digital health deals, identified a record number of 191 deals during the first...

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. Accolade will use the money to expand its personalized advocacy solution model, and to grow its workforce. Accolade is a personalized health and benefits solution for healthcare employers, health plans and their members that combines advisors, clinical experts and intelligent technologies. The company is...

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 chronic, complex populations,” she said. “We partner with health plans and identify subsets of their population that really needs more care.” In partnership with BCBSNC, Landmark will launch in the Triangle and Triad regions of North Carolina,...