Portfolio News

The 10 CEOs Transforming Healthcare In America

  Who are the game changers in the healthcare industry? In a recent article on Forbes, contributor Robert Reiss shares his team’s top 10 picks, along with each CEO’s insights on how their companies are and will continue contributing to healthcare transformation. The top 10 CEOs transforming healthcare in America are: Dr. Alan Bauman, Founder and CEO of Bauman Medical Dr. Toby Cosgrove, President and CEO of Heal Sandra L. Fenwick, President and CEO of Boston Children’s Hospital Dr. Graham Gardner, Co-founder and CEO of Kyruus Jo...

GRAIL Details Plans for Early Cancer Detection Trials, Products

GRAIL management has confirmed that the company will be releasing a cell-free, DNA-based assay in Hong Kong this year to test for nasopharyngeal carcinoma. At the recent Precision Medicine World Conference, GRAIL also outlined their strategy for a circulating cell-free genome atlas trial. They plan to expand the testing pool from 10,000 participants to 15,000. Additionally, GRAIL will develop at least one breast cancer test as part of its STRIVE trials. The announcement comes on the heels of the publication in the New England Journal of Medicine...

Landmark Health Explores Possible Sale

McKesson Ventures portfolio company Landmark Health is considering a sale, making it possible for Landmark’s chief executive to take a leadership role with the Centers for Medicare and Medicaid Innovation. Landmark provides home healthcare for chronically ill patients. It focuses on behavioral, social, medical, and palliative health as provided by doctors, nurses, social workers, and pharmacists. Its services are available in Portland, OR; New York City; Buffalo, NY; and in California’s Bay Area, among other locations. Landmark is currently in talks with Barclays Capital LLC regarding the...

Landmark Health Sale Rumored, Chief Exec Up for CMMI Post

Landmark Health, a healthcare company backed by private equity firms such as McKesson Ventures, is exploring the possibility of a sale. This would free up Landmark CEO Adam Boehler to head the Center for Medicare and Medicaid Innovation (CMMI). Back in December, Politico reported that Boehler is at the top of the list for the role. Though Landmark has made no official statement on the sale, many are speculating that Boehler would be an asset in the position of head of CMMI, coming as he does...

Digital healthcare investment deals grow by nearly one-third in 2017

Investors poured $5.8 billion into digital healthcare in 2017, according to Rock Health. That’s an increase of $1.4 billion – or 32.1% – over 2016’s investments. This kind of growth has been standard over the last several years; since 2012, digital healthcare investment has had a compound annual growth rated of about 32%. According to Rock Research consultant Rachana Jana, the digital healthcare game has moved to the ‘middle innings,’ and we’re “at the end of the beginning of digital health.” The companies attracting the most attention...