Press Releases

IVX Health Completes Acquisition of Precision Healthcare

IVX Health, a national provider of infusion and injection therapy for patients with complex chronic conditions such as rheumatoid arthritis, multiple sclerosis, and Crohn’s disease, announced its acquisition of Precision Healthcare. Precision operates 12 infusion centers across Tennessee and northern Arkansas. The acquisition was led by a preferred equity investment from Linden Capital Partners and joined by existing institutional investors McKesson Ventures, Health Velocity Capital, and Nueterra Capital. For more than 20 years, Precision has cared for patients with autoimmune disorders and other conditions. The company employs...

Vineti Extends Series C Funding Round to $68M with an Expanded Investor Coalition

Vineti, a leading digital platform of record for personalized therapeutics, announced the closing of a $33 million extension to its Series C financing round. The new financing will support further expansion of the company’s Personalized Therapy Management (PTM)® platform for personalized and high-value advanced therapies. The Series C extension is led by Cardinal Health, with participation from Marc Benioff and existing Vineti investors including McKesson Ventures, Novartis Pharma AG, LifeForce Capital, Threshold Ventures (formerly DFJ), Section 32, Casdin Capital, and other undisclosed entities. Eli Casdin, chief...

Augmedix Closes $25 Million Private Placement

Remote medical documentation and live clinical support services provider Augmedix has closed a $25 million private placement financing and completed a reverse merger with Malo Holdings Corp. “We’re thrilled to complete this financing, which we believe puts Augmedix on the path of accelerated expansion, and will enable us to broaden our operational capabilities, accelerate our technology research and product development, and strengthen our marketing and sales,” said the company’s Chief Executive Officer, Manny Krakaris. “The success of this financing demonstrates confidence in the Augmedix team, technology,...

Amwell Expands Partnership with Tyto Care to Extend Healthcare at Home

Amwell has expanded its partnership with Tyto Care, the healthcare industry’s first all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams. The two companies will introduce exclusive integrations and newly designed workflows and tools to enhance the ability for providers using the Amwell platform to examine and diagnose patients virtually. Amwell will also become a reseller of Tyto Care’s integrated devices. By pairing the TytoHome hand-held examination device—which enables on-demand examinations of the heart, lungs, abdomen, skin, throat, ears, heart rate, and body...

McKesson Ventures Grows Leadership Team with New Partner Promotions

McKesson Ventures has expanded its leadership team, promoting Jennifer Carter and Carrie Hurwitz Williams to partners in the organization. Their promotions reflect McKesson Ventures’ commitment to an apprentice model of mentoring and promoting from within. Carter brings more than 20 years of healthcare experience, and her expertise spans marketing, business development, and sales operations. She joined McKesson Ventures in 2014 as vice president of portfolio development. In 2019, Carter expanded her role to oversee operations for the firm that include managing talent, budget, and resources. As...

Cleveland Clinic Joins Interventional Study Using GRAIL’s Multi-Cancer Early Detection Test to Help Guide Clinical Care

Cancer detection company GRAIL has announced that Cleveland Clinic has joined GRAIL’s PATHFINDER Study, a prospective, multi-cancer clinical study that is evaluating the implementation of Galleri™, an investigational multi-cancer early detection blood test, into clinical practice for the first time. Today, most cancers are found too late, when outcomes are often fatal, because most deadly cancers have no available screening tests. Current recommended screenings are critical, but they only cover four cancers and screen for a single cancer at a time. In fact, cancers responsible for...

Komodo Health Lauded by Frost & Sullivan for Empowering Healthcare Stakeholders with Dynamic Real-world Evidence Solutions

Based on its recent analysis of the North American real-world evidence (RWE) solutions market in healthcare, Frost & Sullivan has recognized Komodo Health with the 2020 North American Company of the Year award. Komodo Health’s comprehensive real-time Healthcare Map platform facilitates access to unified, longitudinal patient encounters. Built on this platform, the company’s software solutions allow partners to analyze data dynamically to identify unmet needs across the healthcare value chain, serving payers, providers, and pharmaceutical companies to help them achieve better outcomes. “Komodo differentiates itself with data...

Aetion and Cegedim Health Data announce new partnership to power real-world evidence research in Europe

Aetion and Cegedim Health Data announced a new partnership to integrate Cegedim’s European real-world data (RWD) platform, THIN, into the Aetion Evidence Platform. The new collaboration will enable Aetion’s clients, including top biopharma companies, leading payers, and regulatory agencies to employ leading trans-Atlantic RWD to unlock essential insights about treatments. Cegedim’s THIN database—which stands for The Health Improvement Network—includes fully anonymized electronic health records from France, the UK, Spain, Belgium, and Romania, and provides details on diagnoses, treatments, clinical outcomes, and interventions. This data provides a...

Evidation Raises $45 Million Series D, Hires CCO To Accelerate Commercial Momentum and Expand Into Virtual Health

Evidation Health has announced the close of a $45 million Series D funding round to power the expansion of its privacy-first, direct-to-person research platform, Achievement, to include virtual health. The company will use the new capital to build upon its existing evidence generation capabilities to offer real-time insights and digital tools to its network of nearly 4 million individuals. B Capital led the funding round, which includes new investors McKesson Ventures and Section 32. Existing investors Revelation Partners, Rethink Impact, and SV Health Investors also participated....

New Survey Reveals Patients Have Been Overwhelmingly Satisfied with Virtual Care During the COVID-19 Pandemic and Want Greater Access to it in the Future

Kyruus recently surveyed 1,000 patients about their virtual care experiences during the COVID-19 pandemic. The findings reveal that nearly three-quarters of the respondents engaged in their first telemedicine experience ever during the initial surge of COVID-19 cases in the U.S., and more than 75 percent were very or completely satisfied with their virtual care experience. The survey examined patients’ experiences accessing virtual care, their sentiment around the visits themselves, and their demand for virtual care in the future Not only did most participants say they had...