Portfolio News

Augmedix Raises $23M to Cut Down on Doctor Paperwork

On average, doctors spend three to four hours a day on paperwork. That’s half a standard workday spent on menial tasks. But Augmedix is trying to change that. The company is using state-of-the-art technology to significantly reduce the amount of time that doctors spend on paperwork. Through the use of Google Glass, Augmedix is able to digitally record each doctor’s visit. A remote assistant is then able to fill out all the necessary paperwork in real-time. All the doctor has to do is review the paperwork and...

Fortune Term Sheet Highlights – Venture Deals

Fortune’s December 8 Term Sheet highlighted several recent venture deals, including the following healthcare-related companies in the California region: Augmedix – the San Francisco based company raised $23 million in funding from McKesson Ventures and OrbiMed to continue expansion of its health applications for Google Glass. Crossover Health – the Aliso Viejo based company that develops on-site and near-site health centers raised $92 million from Gurnet Point Capital. Vida Health – the San Francisco based company raised $18 million in Series B funding, led by...

Get Ready for Blockchain’s Disruption

Theodore Tanner, Jr., co-founder and CTO of PokitDok, will deliver a webinar on blockchain and how it will disrupt the healthcare interoperability status quo by centralizing, securing, and orchestrating disparate information. Webinar attendees will be able identify the fundamentals of blockchain, describe how it provides an economic solution to value-based care, articulate the value of smart contracts and where consensus mechanisms come in, and specify how blockchain can facilitate patient-centered care. The webinar will be held Tuesday, Dec. 6, 2016, at 1 p.m. Eastern, 12 p.m. Central,...

Accolade and Limeade partner to help employees stay healthy

Accolade is teaming up with corporate wellness technology firm Limeade to reduce healthcare costs and maximize medical benefits. The two companies will be focusing on the needs of employees to help improve the healthcare system. As an on-demand healthcare concierge, Accolade specializes in helping employees navigate their healthcare options by providing clinical support and personalized customer service. So far, the company has had tremendous success. In fact, in 2013, Forbes put Accolade on its list of America’s Most Promising Companies. Limeade is also making a name for...

Advent of Telepharmacy is Expected to Substantially Impact the Telemedicine and Telehealth Market

Telepharmacy—the remote delivery of pharmaceutical devices and medication—is set to heavily impact the up-and-coming telemedicine market. Using telepharmacy, pharmacists are able to serve remote patients who might not otherwise have access to the medicines and services they need. San Francisco-based PipelineRx has been a leader in creating and disseminating the technology required to make telepharmacy a viable possibility. PipelineRx’s platform is designed to accept information from computerized physician order entries (CPOEs), fax, and more. Thanks to Pipeline, rural areas can now get 24x7 access to services...