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.
Inbound Health is a company that specializes in enabling health systems and health plans to implement hospital-at-home and skilled nursing-at-home programs. It has developed a health platform that utilizes AI-based technology to provide models for delivering hospital and skilled nursing facility-level care in patients' homes. This innovative approach allows for safe, predictive care that is both scalable and integrated, ensuring that patients receive real-time oversight and high-quality care in a familiar environment.
Glide Health
Acquisition in 2023
Glide Health is a health technology company that specializes in providing intelligent financial solutions for healthcare organizations. Utilizing proprietary AI and machine learning, Glide Health enhances revenue and cash flow by integrating operations across various healthcare entities. The Glide Intelligence platform offers predictions and recommendations to optimize the revenue cycle, including patient registration, prior authorization, claim submission, denial management, and collections. It analyzes financial and clinical data in real time, generating actionable insights based on current trends. Additionally, Glide Mobile Health offers a centralized mobile solution that allows patients and healthcare professionals to access and manage patient information from various devices. This platform enables seamless collaboration, allowing patients to document their medical history and interact with healthcare providers while ensuring the privacy and security of their records. By improving compatibility among health information systems, Glide Health enhances the quality of care and facilitates better coordination in local and global healthcare settings. Overall, Glide Health aims to streamline healthcare operations and improve patient outcomes through innovative technology.
Glide Health
Acquisition in 2023
Glide Health is a health technology company that specializes in providing intelligent financial solutions for healthcare organizations. Utilizing proprietary AI and machine learning, Glide Health enhances revenue and cash flow by integrating operations across various healthcare entities. The Glide Intelligence platform offers predictions and recommendations to optimize the revenue cycle, including patient registration, prior authorization, claim submission, denial management, and collections. It analyzes financial and clinical data in real time, generating actionable insights based on current trends. Additionally, Glide Mobile Health offers a centralized mobile solution that allows patients and healthcare professionals to access and manage patient information from various devices. This platform enables seamless collaboration, allowing patients to document their medical history and interact with healthcare providers while ensuring the privacy and security of their records. By improving compatibility among health information systems, Glide Health enhances the quality of care and facilitates better coordination in local and global healthcare settings. Overall, Glide Health aims to streamline healthcare operations and improve patient outcomes through innovative technology.
OncoHealth
Private Equity Round in 2022
OncoHealth specializes in oncology benefits management, offering a range of services designed to support health plans, employers, providers, patients, and life science researchers in managing the complexities of cancer care. Its offerings include prior authorization services, clinical decision support, physician education, expert peer review, and oncology network evaluation and optimization consulting. Additionally, OncoHealth provides MATIS, a clinical decision support software that employs evidence-based analytics for evaluating cancer treatment and benefits management in the United States and Puerto Rico. The company aims to alleviate the physical, mental, and financial burdens associated with cancer through technology-driven solutions and real-world data. Founded in 2009, OncoHealth is headquartered in Atlanta, Georgia, with an additional location in Plantation, Florida.
Evidation Health
Series E in 2021
Evidation Health, Inc. specializes in developing digital tools and technologies for healthcare data analytics. The company connects digital health firms with healthcare providers and payers through its advanced platform, which transforms everyday behavior data from various sources, including sensors and devices, into actionable insights regarding health and disease. Its products include a Data Platform that analyzes this high-frequency behavior data and a technology-enabled service called Studies, which facilitates real-world research to support clinical and commercial efforts. By focusing on the interplay between everyday behaviors and health outcomes, Evidation aims to empower individuals and healthcare companies to improve health management outside traditional clinical settings. Founded in 2012 and headquartered in San Mateo, California, the company also operates additional offices in San Francisco and Santa Barbara.
Augmedix
Private Equity Round in 2020
Augmedix, Inc. is a healthcare technology company based in San Francisco, California, with additional offices in Menlo Park and Dhaka, Bangladesh. Founded in 2012, Augmedix specializes in remote medical documentation and live clinical support through its cloud-based platform. The application transforms natural clinician-patient conversations into organized medical notes in real time, allowing healthcare providers to focus more on patient care and reducing the administrative burden associated with electronic health record documentation. By partnering with hospitals and health systems, Augmedix enhances clinical efficiency and decision-making, ultimately improving operational and financial outcomes. The platform is designed for use by both large healthcare organizations and individual practitioners, charging service fees for access to its remote documentation and clinical support services.
Evidation Health
Series D in 2020
Evidation Health, Inc. specializes in developing digital tools and technologies for healthcare data analytics. The company connects digital health firms with healthcare providers and payers through its advanced platform, which transforms everyday behavior data from various sources, including sensors and devices, into actionable insights regarding health and disease. Its products include a Data Platform that analyzes this high-frequency behavior data and a technology-enabled service called Studies, which facilitates real-world research to support clinical and commercial efforts. By focusing on the interplay between everyday behaviors and health outcomes, Evidation aims to empower individuals and healthcare companies to improve health management outside traditional clinical settings. Founded in 2012 and headquartered in San Mateo, California, the company also operates additional offices in San Francisco and Santa Barbara.
OncoHealth
Series C in 2020
OncoHealth specializes in oncology benefits management, offering a range of services designed to support health plans, employers, providers, patients, and life science researchers in managing the complexities of cancer care. Its offerings include prior authorization services, clinical decision support, physician education, expert peer review, and oncology network evaluation and optimization consulting. Additionally, OncoHealth provides MATIS, a clinical decision support software that employs evidence-based analytics for evaluating cancer treatment and benefits management in the United States and Puerto Rico. The company aims to alleviate the physical, mental, and financial burdens associated with cancer through technology-driven solutions and real-world data. Founded in 2009, OncoHealth is headquartered in Atlanta, Georgia, with an additional location in Plantation, Florida.
Augmedix
Series B in 2019
Augmedix, Inc. is a healthcare technology company based in San Francisco, California, with additional offices in Menlo Park and Dhaka, Bangladesh. Founded in 2012, Augmedix specializes in remote medical documentation and live clinical support through its cloud-based platform. The application transforms natural clinician-patient conversations into organized medical notes in real time, allowing healthcare providers to focus more on patient care and reducing the administrative burden associated with electronic health record documentation. By partnering with hospitals and health systems, Augmedix enhances clinical efficiency and decision-making, ultimately improving operational and financial outcomes. The platform is designed for use by both large healthcare organizations and individual practitioners, charging service fees for access to its remote documentation and clinical support services.
Xealth
Series A in 2019
Xealth Inc. operates a digital health prescribing platform that allows clinicians to integrate, prescribe, and monitor digital health tools directly from electronic health record (EHR) workflows. Founded in 2016 and based in Seattle, Washington, the platform facilitates patient engagement by enabling care teams to order appropriate digital health tools and programs, which can be sent to patients via email or patient portals. In addition to managing digital health prescriptions, the platform supports patient education and offers non-clinical services such as ride shares and food delivery. This comprehensive approach allows clinicians to monitor patient activity and engagement, ultimately enhancing the overall effectiveness of digital health initiatives within healthcare systems.
OncoHealth
Series B in 2018
OncoHealth specializes in oncology benefits management, offering a range of services designed to support health plans, employers, providers, patients, and life science researchers in managing the complexities of cancer care. Its offerings include prior authorization services, clinical decision support, physician education, expert peer review, and oncology network evaluation and optimization consulting. Additionally, OncoHealth provides MATIS, a clinical decision support software that employs evidence-based analytics for evaluating cancer treatment and benefits management in the United States and Puerto Rico. The company aims to alleviate the physical, mental, and financial burdens associated with cancer through technology-driven solutions and real-world data. Founded in 2009, OncoHealth is headquartered in Atlanta, Georgia, with an additional location in Plantation, Florida.
Propeller Health
Corporate Round in 2018
Propeller Health is a mobile platform that offers sensors, mobile apps, analytics, and services to support respiratory health management. The HIPAA compliant platform stores users’ data in a cloud computing infrastructure. The Propeller sensor and mobile application help users learn more about and better manage their asthma, COPD, and respiratory disease. The Propeller sensor attaches to users’ inhalers and wirelessly syncs with their smartphones. It tracks their triggers and symptoms and sends personalized feedback and education to their phones based on the symptoms. Users can see how often they use the medication, and set up medication reminders and alerts. Propeller community enables users to share their Propeller data with their physician and family members. Propeller Health is backed by Safeguard Scientifics, The Social+Capital Partnership, California HealthCare Foundation, and other investors. The platform works with organizations such as Dignity Health, Wyckoff Heights Medical Center, Amerigroup Florida, and the City of Louisville. The system has been featured in The Economist, Washington Post, Fast Company, Wired, and Scientific American. Propeller Health has received TEDMED Innovation Showcase, White House Champion of Change, and Bluetooth Breakthrough Product awards. Propeller Health was launched by David Van Sickle, Greg Tracy, and Mark Gehring and its operations are based in Wisconsin, United States.
Accolade
Series F in 2018
Accolade, Inc. is a technology-driven company that offers solutions to help individuals navigate the complexities of the healthcare system and workplace benefits in the United States. The company provides a cloud-based platform complemented by support from a team of health assistants and clinicians, including nurses and behavioral health specialists. Accolade's services are primarily aimed at employers who seek to enhance the healthcare experience for their employees and their families. By focusing on personalized health and benefits solutions, Accolade aims to improve healthcare outcomes while managing costs and increasing employee engagement. Founded in 2007, Accolade is headquartered in Plymouth Meeting, Pennsylvania.
Augmedix
Venture Round in 2016
Augmedix, Inc. is a healthcare technology company based in San Francisco, California, with additional offices in Menlo Park and Dhaka, Bangladesh. Founded in 2012, Augmedix specializes in remote medical documentation and live clinical support through its cloud-based platform. The application transforms natural clinician-patient conversations into organized medical notes in real time, allowing healthcare providers to focus more on patient care and reducing the administrative burden associated with electronic health record documentation. By partnering with hospitals and health systems, Augmedix enhances clinical efficiency and decision-making, ultimately improving operational and financial outcomes. The platform is designed for use by both large healthcare organizations and individual practitioners, charging service fees for access to its remote documentation and clinical support services.
HealthQx
Acquisition in 2016
HealthQX specializes in Value-based Payment (VBP) analytic software solutions for health plans and providers. Its VBP analytics platform, ClarityQx, provides the capabilities to design, implement, and monitor the on-going performance of payment models such as episodic, bundled, or accountable care arrangements. The company was founded in 2012 and is based in King Of Prussia, Pennsylvania.
Vantage Oncology
Acquisition in 2016
Vantage Oncology, Inc., offers a comprehensive development, implementation and management solution for radiation oncology. The company was created in response to the growing need among cancer patients, hospitals and physicians for accessible and advanced radiation treatment therapies. Vantage encourages joint venture ownership opportunities that empower physicians to maintain control of their practice while leveraging the strength of the company's network. Vantage also provides joint venture ownership opportunities for hospitals interested in maximizing the significant benefits created by a strong radiation oncology department.
Rexall
Acquisition in 2016
Rexall Health is an industry-leading healthcare management and technology firm that has been providing customized, value-added health benefit claims management and plan administrative services to Canadian corporations and other health benefit plan sponsors for over 30 years.
PokitDok
Venture Round in 2016
PokitDok, Inc. is a provider of cloud-based web services that facilitate the integration of healthcare transactions into various applications and products. The company offers a platform that supports a range of services, including eligibility checks, claims submissions, appointment scheduling, payment processing, and medical procedural code reconciliation. Through its application programming interface (API), PokitDok also provides healthcare providers with information on cash costs for services. Its solutions are utilized by hospital systems, technology providers, and developers to enhance workflows, reduce costs, and analyze business patterns using big data. Additionally, PokitDok features an e-commerce storefront that allows healthcare practitioners to market their services and enables consumers to pay for treatment in advance via its website or mobile app. Founded in 2011, PokitDok is headquartered in San Mateo, California, with an additional office in Charleston, South Carolina.
Komodo Health
Series A in 2016
Komodo Health Inc. is a healthcare technology company that specializes in providing real-time healthcare intelligence and transparency through its innovative platform. Founded in 2014 and based in New York, with an additional office in San Francisco, the company offers a suite of software solutions, including its Healthcare Map, which tracks patient outcomes across the healthcare system. The platform utilizes advanced data science techniques and artificial intelligence to deliver insights that empower various stakeholders in the healthcare sector, including life science companies, payers, and providers. Key products such as Aperture, Pulse, and Serenity facilitate the analysis of complex healthcare connections, alert users to influence disease burden positively, and explore patient cohorts for deeper insights. By enabling a more cost-effective and value-driven healthcare system, Komodo Health aims to set a new standard for real-world data and analytics in the industry.
PokitDok
Series B in 2015
PokitDok, Inc. is a provider of cloud-based web services that facilitate the integration of healthcare transactions into various applications and products. The company offers a platform that supports a range of services, including eligibility checks, claims submissions, appointment scheduling, payment processing, and medical procedural code reconciliation. Through its application programming interface (API), PokitDok also provides healthcare providers with information on cash costs for services. Its solutions are utilized by hospital systems, technology providers, and developers to enhance workflows, reduce costs, and analyze business patterns using big data. Additionally, PokitDok features an e-commerce storefront that allows healthcare practitioners to market their services and enables consumers to pay for treatment in advance via its website or mobile app. Founded in 2011, PokitDok is headquartered in San Mateo, California, with an additional office in Charleston, South Carolina.
Accolade
Series E in 2015
Accolade, Inc. is a technology-driven company that offers solutions to help individuals navigate the complexities of the healthcare system and workplace benefits in the United States. The company provides a cloud-based platform complemented by support from a team of health assistants and clinicians, including nurses and behavioral health specialists. Accolade's services are primarily aimed at employers who seek to enhance the healthcare experience for their employees and their families. By focusing on personalized health and benefits solutions, Accolade aims to improve healthcare outcomes while managing costs and increasing employee engagement. Founded in 2007, Accolade is headquartered in Plymouth Meeting, Pennsylvania.
Portico Systems
Acquisition in 2011
Portico's technology enables healthcare organizations to design, build, service and provide value-based reimbursement to their complex provider networks. It also provides the ability to align and automate key network management activities including, provider enrollment, credentialing, contracting and pricing.
US Oncology
Acquisition in 2010
The US Oncology Network is one of the nation's largest networks of integrated, community-based oncology practices dedicated to advancing high-quality, evidence-based cancer care. A physician-led organization, The US Oncology Networks unites like-minded physicians and clinicians around a common vision of improving patient outcomes and quality of life. Leveraging healthcare information technology, shared best practices, evidence-based guidelines and quality measurements, physicians within The US Oncology Network are pioneering new ways to achieve this vision. The US Oncology Network is committed to strengthening patient access to integrated care in local communities across the nation, including collaboration with a variety of payers, hospitals and academic institutions. The US Oncology Network is supported by McKesson Specialty Health, a division of McKesson Corporation focused on empowering a vibrant and sustainable community patient care delivery system.
HealthCom Partners
Acquisition in 2006
A leading provider of patient billing solutions.
HPR
Acquisition in 1997
HPR Inc. develops and markets software and proprietary database products incorporating clinical knowledge that enabled payors and providers of healthcare services to better manage the financial risk.
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