McKesson Ventures

McKesson Ventures is the venture capital arm of McKesson Corporation, established in December 2014 and headquartered in San Francisco, California. The firm specializes in investing in early-stage and growth-stage companies within the healthcare sector, particularly those focused on digital health and technology-enabled services. McKesson Ventures aims to support entrepreneurs in creating efficient healthcare delivery systems that benefit various stakeholders in the healthcare economy, including pharmaceutical companies, providers, and patients. The firm typically makes minority investments ranging from $20 million to $25 million in companies that emphasize direct-to-consumer healthcare and innovative clinical services.

Jennifer Carter

Partner and Vice President Venture Operations

Priyanka Kanal

Associate

Tom Rodgers

EVP, Chief Strategy Officer

Dave Schulte

SVP, Managing Director

Michelle Snyder

Partner

Carrie Williams

Partner

Brian Zhu

Senior Associate

Past deals in Health Care

Lumata Health

Series B in 2025
Lumata Health is a technology-driven healthcare startup dedicated to preventing blindness caused by chronic eye conditions. Founded in 2017 by Dr. Stephen R. Fransen, an experienced ophthalmologist and retina specialist, the company manages thousands of at-risk patients across the United States. Lumata Health employs a human-led care coordination and management platform that is generally free for patients. The firm collaborates with physicians, payers, and health systems to deliver comprehensive care management services, leveraging advanced technology and data science. It focuses on improving clinical outcomes, enhancing patient satisfaction, and increasing clinic staff efficiency through between-visit patient support and care coordination. Lumata Health addresses treatment adherence challenges associated with conditions such as diabetic retinopathy, macular degeneration, glaucoma, and dry eye, acting as a remote extension of in-clinic staff to facilitate recovery and better health outcomes for patients.

HarmonyCares

Venture Round in 2024
HarmonyCares specializes in delivering comprehensive medical care directly to clients in their homes. The company focuses on individuals with multiple chronic conditions, cognitive challenges, and psychosocial issues, offering a range of services that include primary and specialty care programs, home health services, hospice and palliative care, as well as diagnostic services such as radiology and laboratory testing. By providing high-quality, integrated care in a comfortable setting, HarmonyCares aims to meet the diverse health needs of patients, particularly the elderly, while also supplying durable medical equipment to enhance their home care experience. Rebranded from U.S. Medical Management in 2022, HarmonyCares emphasizes a physician-driven approach to ensure optimal health outcomes for its clients.

Rx Savings Solutions

Acquisition in 2022
Rx Savings Solutions is a healthcare technology company that focuses on reducing prescription drug costs for individuals and payers. Founded by a pharmacist, the company offers a software platform that analyzes medication claims data using proprietary algorithms to provide personalized recommendations. This enables over 9 million members to make informed decisions about their prescriptions. The platform enhances member engagement and features dedicated pharmacy experts who assist in navigating benefits, providers, and pharmacies. By promoting transparency and education, Rx Savings Solutions aims to help clients optimize their therapies while achieving substantial savings on prescription medications.

CancerIQ

Series B in 2022
CancerIQ is a precision health technology company that provides a platform designed to assist healthcare providers in identifying and managing patients at high risk for cancer. The platform features predictive analytics and screening tools to help clinicians detect at-risk patients early. It includes a comprehensive library of evidence-based guidelines and risk models, which aids providers in interpreting data and guiding patients toward appropriate genetic testing, screening, and treatment interventions. Additionally, CancerIQ offers a digital genetic test ordering system and patient management tools, enhancing clinician efficiency and improving patient outcomes by facilitating early cancer detection and adherence to evidence-based care strategies.

Reimagine Care

Series A in 2022
Reimagine Care is a healthcare company focused on enhancing community-based oncology care through technology-enabled services. Established in 2020 and based in Nashville, Tennessee, the company seeks to improve the affordability, accessibility, and patient-centricity of cancer care. By collaborating with healthcare systems and independent oncology practices, Reimagine Care supports value-based oncology care delivery. Their approach involves providing the necessary personnel, processes, and a comprehensive technology platform that facilitates the effective and scalable delivery of high-quality cancer care at various locations, including patients' homes. This model aims to enable patients to receive treatment and supportive care in a more convenient and cost-effective manner.

Aspen RxHealth

Series B in 2021
Aspen RxHealth is a Tampa, Florida-based company that provides an online platform designed to connect licensed pharmacists with patients requiring enhanced medication services. Through its app-based technology, Aspen RxHealth facilitates direct patient care by matching pharmacists to patients based on various social and clinical criteria, such as language and medication regimens. This platform enables health plans and providers to link their patients with a community of pharmacists who can deliver clinical services tailored to individual needs. The services offered include comprehensive medication reviews and targeted medication interventions, all aimed at optimizing communication and improving patient care.

AllyAlign Health

Corporate Round in 2019
AllyAlign Health operates as a care management company dedicated to supporting patients with chronic and complex medical conditions. Founded in 2013 and based in Glen Allen, Virginia, the company offers an active care management platform that facilitates real-time, collaborative care across various boundaries. This platform connects patients with care teams, providers, and community-based services, ensuring access to essential health information, care plans, and benefits necessary for informed decision-making. Users can easily view, share, create, and update information according to their roles and responsibilities, with mobile and web-based options enhancing accessibility for patients and their families. A central, HIPAA-compliant database consolidates information from multiple sources, including electronic health records and lab tests, while semantic data modeling provides meaningful clinical insights.

RetraceHealth

Series A in 2016
RetraceHealth, Inc. operates an online platform that facilitates urgent and routine healthcare through video visits and in-person home visits. The platform focuses on providing services in preventive care, pediatric care, primary care, and management of chronic conditions such as high blood pressure and diabetes. Patients can access care via video visits in Minnesota and Wisconsin, while home visits are available in the Twin Cities metro area and other locations. Founded in 2013 and based in Minneapolis, Minnesota, RetraceHealth aims to deliver high-quality primary care that is both personal and affordable, offering services comparable to those found in traditional clinics but delivered directly to patients' homes. The company emphasizes accessible care options, connecting patients with trusted clinical professionals through technology-driven solutions.

RetraceHealth

Seed Round in 2016
RetraceHealth, Inc. operates an online platform that facilitates urgent and routine healthcare through video visits and in-person home visits. The platform focuses on providing services in preventive care, pediatric care, primary care, and management of chronic conditions such as high blood pressure and diabetes. Patients can access care via video visits in Minnesota and Wisconsin, while home visits are available in the Twin Cities metro area and other locations. Founded in 2013 and based in Minneapolis, Minnesota, RetraceHealth aims to deliver high-quality primary care that is both personal and affordable, offering services comparable to those found in traditional clinics but delivered directly to patients' homes. The company emphasizes accessible care options, connecting patients with trusted clinical professionals through technology-driven solutions.

Emendo

Acquisition in 2012
Emendo, founded in 2002 in Christchurch, New Zealand, develops healthcare patient-flow and staffing analytics software, specifically its CapPlan solution. This tool assists over 40 hospitals across New Zealand, Australia, Canada, and the UK in forecasting patient demand and optimizing resource allocation. By leveraging advanced algorithms, CapPlan enhances operational performance and patient care by effectively matching staff and physical resources. Emendo's clients have reported significant operational efficiencies and cost savings, ranging from hundreds of thousands to millions of dollars annually. Notably, the CapPlan implementation at Bedford NHS Trust received recognition in 2009 as the winner of the “Adopt, Adapt and Improve” category at the national Health and Social Care Awards in the UK.

Awarix

Acquisition in 2007
Awarix is a company based in Alabama, USA, that develops software and online tools specifically for the healthcare industry. The firm offers a digital platform designed to manage and streamline patient data effectively. Awarix's technology provides communication and reporting tools that enable operational and administrative staff in hospitals to access critical information quickly across the healthcare enterprise. This focus on improving data management and accessibility supports healthcare providers in enhancing their operational efficiency and patient care.

Per-Se Technologies

Acquisition in 2007
Per-Se Technologies is a provider of healthcare business and information technology services that aims to assist physicians and hospitals in maximizing their income potential. The company offers technology solutions designed to streamline reimbursement processes, enabling healthcare providers to receive payments more quickly. By improving financial operations, Per-Se Technologies allows healthcare businesses to concentrate more on patient care, thus enhancing overall service delivery in the healthcare sector.

NDCHealth

Acquisition in 2006
NDC Health provides healthcare information solutions. Its products and services comprise point-of-care systems, electronic prescription connections, patient scheduling, claims processing, billing, and other financial management. The company’s solutions address various administrative, clinical, and operational informational needs. It serves physicians, hospitals, pharmaceutical manufacturers, retail pharmacies, and managed care organizations.

Abaton.com

Acquisition in 1999
Abaton.com is a clinical transaction company focused on enhancing healthcare delivery by providing internet-based clinical applications for clinicians in ambulatory settings. The company aims to support physicians at the point of care by offering tools that facilitate access to clinical information, medical decision-making support, and test results. Additionally, Abaton.com enables order management and prescription-writing capabilities, which help streamline clinical functions and improve workflow efficiency. Through these services, Abaton.com enhances communication within the healthcare system, ultimately supporting better patient care.

Access Health

Acquisition in 1998
Access Health provides consumer health information solutions under the brands Ask-a-Nurse and Personal Health Advisor. These products enable consumers to access information via conversations with nurses and help improve decisions on what level of care they should seek based upon symptoms.

RedLine HealthCare

Acquisition in 1998
RedLine HealthCare is a distributor of medical supplies and services to the extended-care industry
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.