Press Releases

Kyruus Secures $30 Million Investment From Francisco Partners

Kyruus, a leader in provider search and scheduling solutions for health systems, recently announced that it had obtained $30 million in new funding from Francisco Partners, a global technology-focused private equity firm with extensive experience in healthcare IT. This funding comes on the heels of a $42 million Series D round the company closed last year. During this time of COVID-19, the Kyruus platform has been critical to healthcare organizations’ ability to facilitate patient access, and the additional funding will propel the company’s plans to...

McKesson Appoints Tom Rodgers to Executive Vice President & Chief of Strategy and Business Development Officer

McKesson Corporation announced that Tom Rodgers has been appointed executive vice president and chief strategy and business development officer, effective June 5, 2020. In his new role, Rodgers will also become a member of the company’s Executive Operating Team. Rodgers succeeds Bansi Nagji, who stepped down from the role on March 31, 2020. As executive vice president and chief strategy and business development officer, Rodgers will have responsibility for the company’s overall strategic plan and initiatives. He will also be responsible for key acquisitions and internal...

Lightship, Inc. Market Research Confirms Patients’ Interest in Direct-to-Patient Trial Offering Amidst COVID-19 Pandemic

Lightship, a global direct-to-patient clinical trial company, recently announced the results of a nationwide market research survey designed to capture patients’ opinions surrounding clinical trial participation during the COVID-19 pandemic. The results indicated that the option to participate in clinical research from home significantly offsets patients’ concerns about virus transmission. The findings reinforce market forecasts that predicted a rapid uptick in direct-to-patient models, which increase patient access, lower costs, and shorten timelines in clinical trials. The Lightship design team deployed a national patient insight survey in...

Oncology Analytics Raises $28 Million Series C Financing Led by Baird Capital

Oncology Analytics, a data analytics and technology-enabled services company dedicated to helping health plans, providers, and patients with solutions that are purpose-built for oncology, recently announced it had closed a Series C funding round of $28 million. The round was led by Baird Capital, which joins existing investors McKesson Ventures, Oak HC/FT, and The Blue Venture Fund. Baird Capital Partner Michael Liang has joined the company’s board of directors. The funding will allow the company to expand its oncology-focused capabilities, accelerate real-world data and analytics solutions...

Propeller Health Receives FDA Clearance to Connect Patients Using the Symbicort® Inhaler to its Digital Health Platform

Propeller Health, a digital health company dedicated to the management of asthma and COPD, announced that it has received 501(k) clearance from the FDA to connect patients using AstraZeneca’s Symbicort Inhaler to its digital health platform. The Propeller Health platform already connects to the majority of inhalers used by asthma and COPD patients, including those manufactured by Boehringer Ingelheim, GlaxoSmithKline, Novartis, and Orion, as well as many generic equivalent inhalers. Propeller is a tool that helps asthma and COPD patients manage their condition in partnership with their...

Providence Uses Remote Patient Monitoring For 700+ COVID-19 Patients

Health system Providence is now remotely monitoring COVID-19 patients using the Xealth digital platform to deliver Twistle’s care automation and remote patient monitoring platform. Providence is using a solution from Twistle to reach out automatically to at-risk patients through text messages, phone calls, or smartphone apps. Using this technology, the health system can gather up-to-date information about a patient’s symptoms and send alerts to their care team if their symptoms need attention. Xealth is providing the underlying platform for automation and integration into providers’ electronic medical...

McKesson Ventures Team Volunteers at Local Food Bank

[caption id="attachment_52495" align="alignright" width="500"] The McKesson Ventures team worked with 45 other volunteers to separate rice into 1-pound bags.[/caption] McKesson Ventures recently completed a team volunteer afternoon at the San Francisco-Marin Food Bank. The group worked with 45 other volunteers to break down pallets of rice into 1-pound bags for distribution to needy Bay Area residents. Food insecurity is a very real problem in an area of the country so expensive that $117,000 a year can qualify an individual as “low income” in some counties. According to the San Francisco-Marin...

Matternet Raises Strategic Investment from McKesson Ventures

Matternet, a company focused on providing drone delivery for medical applications, announced a strategic investment from McKesson Ventures. McKesson Ventures joins Matternet’s current investors, Boeing, Sony, and Mercedes-Benz, along with a growing list of strategic partners including UPS and Swiss Post. Matternet has created a new transportation mode using drone networks to deliver lightweight, urgent items on demand at a fraction of the time, cost, and ecological footprint of any other transportation method. The round of funding will provide Matternet with access to opportunities in the...

Global Health Leaders Back Aetion with $27 Million Strategic Investment

Aetion, a healthcare technology company that delivers the real-world analytics and evidence platform needed to engage in value-based care, announced that it has attracted strategic investment from global leaders in biopharma and healthcare services, including McKesson Ventures; Sanofi; UCB; and Horizon Health Services, Inc., a Blue Cross Blue Shield of New Jersey company. These companies join existing venture capital partners who also participated in this round. The $27 million funding round reflects Aetion’s substantial growth in customer adoption over the past year. Coupled with its prior...

University of Mississippi Medical Center (UMMC) to Utilize Kyruus Technology to Enhance Patient Access and Patient-Provider Matching

The University of Mississippi Medical Center (UMMC) has selected Kyruus’ ProviderMatch for Access Centers to power its call center and optimize patient access across Mississippi. UMMC’s partnership with Kyruus will help call centers identify the best provider for a patient’s needs. Currently, UMMC’s network includes 800+ providers at 170 locations, which serve over 600,000 patients per year statewide. Kyruus’ software will allow providers to better indicate their areas of expertise—down to specific conditions and procedures—and empower call center agents with that information. Implementation of Kyruus’ ProviderMatch for...