Portfolio News

At Small, Rural Hospitals, Telepharmacy Technology Is Advancing Pharmacy Practice

As an increasing amount of urban hospitals begin to implement healthcare IT solutions, smaller, more rural hospitals are beginning to follow suit. Rustic hospitals are now beginning to see the advantages of telepharmacy technology, including 24/7 coverage, faster workflow, and decreased paper usage. No one knows this better than Greg Guimond. Greg Guimond is the Director of Pharmacy at Claxton Medical Center, a small 102-bed hospital located in Ogdensburg, NY. He says that telepharmacy technology has saved his hospital a lot of time, money, and effort. “With...

StartUp Health and Janssen join forces for healthcare transformation

On November 2nd, StartUp Health signed a three-year contract with Janssen, the pharmaceutical branch of Johnson & Johnson. The contract was years in the making, according to StartUp Health founder and CEO Steven Krein. StartUp Health was launched in 2011. The company’s mission is to “transform health by organizing and investing in a global army of thousands of entrepreneurs passionate about reinventing the future of health.” Krein believes that the best way to go about transforming the health industry is to do away with incubators and...

Digital Needs a Dance Partner: Accolade’s Raj Singh on Why Technology Alone Can’t Solve Consumer Engagement

Accolade CEO Raj Singh recently offered his view on how healthcare companies can integrate high-tech and high-touch to finally crack the consumer engagement code. Consumers are “going digital” in almost every aspect of their lives, and healthcare is no exception. Technology can support consumers in their quest for high-quality, personalized care offered in a more efficient manner. But technology can’t stand alone, Singh says. The complexity of our healthcare system makes it hard to deliver targeted, personalized care unless we take a blended approach—equal parts personal touch...

Health concierge startup Accolade adds IT muscle with new CTO

After raising more than $70 million in Series E funding, Accolade’s latest move involves filling two executive-level positions. The health concierge has appointed Harish Naidu as its new chief technology officer. The startup company has also elected Phong Nguyen as its new executive vice president of product management. Both Naidu and Nguyen have decades of experience working in the tech field. Their expertise will be used to transform complex industry processes into innovative, simple solutions. Naidu has more than 20 years of experience under his belt in software...

Rock Health Names Genentech Veteran Bill Evans Managing Director

Healthcare venture capital company Rock Health has just announced that pharmaceutical veteran Bill Evans will be appointed the role of Rock Health’s Managing Director. Evans will fill the shoes of Rock Health founder Halle Tecco, who left the organization in May 2016. Evans will also take on the responsibilities previously held by Malay Gandhi, who was CEO of the company and Managing Director until he left in November 2015. Evans worked at Genentech for 11 years, where he specialized in physician-facing technology. Genentech (a member...