Accolade, a Seattle, WA-based provider of a personalized health and benefits solution has raised $50 million in funding led by existing investors Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures, with participation from new investors Cross Creek Advisors and Madera Technology Partners. The startup intends to use the funds to grow its workforce, and expand its Personalized Advocacy solution used by more than 1.1 million U.S. employees and their families
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McKesson Ventures | Healthcare Venture Capital | News, Analysis, Insights
Truveris Raises $25M for Data-Driven Platform to Transform Prescription Benefits Ecosystem
Truveris, a provider of cloud-based data analytics solutions for the prescription benefits industry has raised $25 million in Series D funding led by McKesson Ventures, and included Canaan Partners, New Leaf Venture Partners, Tribeca Venture Partners, and New Atlantic Ventures. The company plans to use the latest round of funding to advance the company’s data and insights capabilities, which help manage rising prescription drug costs.Founded in 2009, Truveris aggregates data and insights from
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Allscripts Acquires McKesson’s Enterprise Information Solutions for $185M
Allscripts has entered into an agreement to acquire McKesson Corporation’s hospital and health system IT business, Enterprise Information Solutions for $185M in cash. The Enterprise Information Solutions portfolio includes Paragon (EHR solution); STAR and HealthQuest (Revenue Cycle solutions); Lab Analytics and Blood Bank; and OneContent (Content Management solutions).For Allscripts, the acquisition further advances Allscripts strategy to offer the most comprehensive, high performing health
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GRAIL Lands $900M for Early Cancer Detection
GRAIL, Inc., a life sciences company whose mission is to detect cancer early when it can be cured, today announced it has raised $900 million in Series B funding led by ARCH Venture Partners with participation from Johnson & Johnson Innovation, Amazon, Bristol-Myers Squibb, Celgene, McKesson Ventures, Merck (known as MSD outside the United States and Canada), Tencent Holdings Limited and Varian Medical Systems, Inc. GRAIL intends to close the remainder of the Series B investment prior to the
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Augmedix Nabs $23M to Expand Google Glass-based Remote Scribe Services Nationwide
Augmedix, Inc., a Google Glass-focused digital health startup, has raised $23 million in funding from McKesson Ventures and OrbiMed with participation from the existing VCs Redmile Group, Emergence Capital and DCM Ventures. The company plans to utilize the funding to expand its remote scribe services nationwide and build out its platform with tools and services that continue to drive improvements in physician productivity and patient care.Founded by Stanford grads, CEO Ian Shakil and Chief
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SHYFT Analytics Lands $12.5M Backed by McKesson Ventures, Medidata
SHYFT Analytics, a provider of cloud data and analytics for the global life sciences industry has raised $12.5 million in Series B funding. SHYFT Management opted for an all strategic collaboration, which included investments from McKesson Ventures, Medidata Solutions and other healthcare and technology industry leaders. SHYFT will use the investment to continue its rapid growth and expansion and further advance its leading healthcare cloud analytics platform. Existing investors, Health
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McKesson, Change Healthcare Form New Health IT Entity: 5 Things to Know
McKesson Corporation and Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services have teamed up to create a new healthcare IT company. The combined company includes all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) totaling $3.4 billion in revenue. By creating a new health IT company focused on healthcare IT and services, the merger is expected to generate in excess of $150 million in annual synergies by
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Healthcare API Platform PokitDok Lands Strategic Investment from McKesson Ventures
McKesson Ventures has made an strategic investment in healthcare API platform startup PokitDok . The financial details of the strategic investment were not disclosed. PokitDok believes the relationship with McKession Ventures will help foster productive innovation in healthcare interoperability. Tom Rodgers, Senior Vice President and Managing Director at McKesson Ventures will join PokitDok as a board observer. “McKesson is an established provider of enterprise-level healthcare data
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McKesson Ventures Invests in Home Care Platform ClearCare
Today, McKesson Ventures announced an undisclosed strategic investment in cloud-based home care platform ClearCare. The latest round of strategic funding follows an $11 million funding round in 2014, led by Bessemer Venture Partners (BVP), with participation from Cambia Health Solutions and existing investors Voyager Capital, Qualcomm Ventures and Harbor Pacific Capital. Prior to this strategic investment by McKesson Ventures, ClearCare raised $15.5 million. As 90 percent of people over
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Kyruus Raises $25M To Redefine How Patients Get Matched to Providers
Kyruus, a SaaS-based referral coordination platform that helps hospitals optimize patient access and referral management, has raised $25 million in funding to accelerate adoption of its ProviderMatch technology. The funding round was led by New Leaf Venture Partners, with participation from Providence Health & Services, Leerink Capital Partners, andMcKesson Ventures. They were also joined by existing investors Venrock, Highland Capital Partners, Lux Capital, and Fidelity
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