McKesson Corp. has created a strategic capital fund, called McKesson Ventures, to invest in start-up companies addressing business challenges that are complementary to or outside the vendor’s current business.

Meanwhile, former Allscripts leaders Glen Tullman and Lee Shapiro, who run the 7wire Ventures investment firm, have made personal minority investments outside of 7wire in Lightbeam Health Solutions, run by Pat Cline a former top competitor when he ran NextGen Healthcare Information Systems.

McKesson Ventures will focus on companies offering services to improve overall health through enabling tools supporting direct-to-consumer healthcare, optimizing patient access and experience through alternative delivery models, optimizing employee behavior to reduce healthcare consumption and help employers reduce costs, optimizing emerging data streams to improve analytics that drive actionable insights, and optimizing supply chains, according to the company. “While McKesson Ventures acts with autonomy in our funding decisions and access to capital, we leverage McKesson’s deep relationships with stakeholders—including payers, providers, pharmacies, manufacturers and health systems.”

Tom Rodgers, formerly at McKesson and for the past decade a venture capitalist at Cambia Health and Advanced Technology Ventures, has returned to lead McKesson Ventures. More information is available here.

Population health management vendor Lightbeam Health Solutions sells a suite of software supporting an enterprise data warehouse, risk stratification, data analytics, care management, and physician and patient engagement.

The company also offers services that include cloud hosting, data backup, disaster recovery, data security, implementation/training, system support and consulting. “Lightbeam combines impressive analytics with a unique consumer focus to create a new visibility for providers and patients,” Tullman said in a statement. More information is here.

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