McKesson launches healthcare venture fund

McKesson Corp. has announced the launch of McKesson Ventures, a venture capital fund which will invest in young companies that are addressing business challenges in healthcare.

The fund will focus on companies tackling high-growth opportunities in healthcare consumerism, alternate care delivery models and the shift toward value-based reimbursement.

Healthcare investment director veteran Tom Rodgers will serve as managing director of the fund. Mr. Rodgers joins the fund from Cambria Health, where he lead venture investing in companies improving healthcare accessibility.

"McKesson Ventures will help us support the development and commercialization of innovations taking place across healthcare," said John Hammergren, chairman and CEO, McKesson, in a release. "By investing and partnering with entrepreneurs and other investors that can bring new approaches to the challenges our customers are facing, we will accelerate the innovation cycle and further strengthen the value we provide to industry stakeholders across all segments."

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