What You Should Know:
- Q1 2024 Digital health funding in the U.S. reached $2.7B across 133 deals, with an average deal size of $20.6M, according to Rock Health’s Q1 2024 Digital Health Funding Report.
- The report reveals the digital health funding landscape has undergone a significant shift in Q1 2024, marking a transition from a period of rapid growth to a more measured environment focused on long-term sustainability. This signals a shift towards smaller check sizes, indicating a more
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Rock Health | Digital Health Funding News, Analysis, Insights - HIT Consultant
The New Era of Virtual Care: Why Convenience Isn’t Enough Anymore
What You Should Know:
- The COVID-19 pandemic propelled virtual care from a niche service to a mainstream necessity. However, as we move into a new era, consumer preferences surrounding virtual care are evolving, according to data from Rock Health's 2023 Consumer Adoption of Digital Health Survey.
- The survey reveals that virtual care adoption has plateaued at a high level, with 76% of respondents having ever used it. However, a quarter of respondents still prefer in-person care, citing
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Digital Health Funding Plunges in 2023, Setting Stage for 2024 Reckoning
What You Should Know:
- The year 2023 saw a stark shift in the digital health funding landscape, according to Rock Health’s annual year-end digital health funding report. Gone were the days of exuberant funding rounds and endless optimism.
- Instead, we witnessed a contraction, with venture capital drying up and startups scrambling to stay afloat. But amidst the turbulence, there were also signs of resilience, innovation, and a necessary course correction.
2023: A Year of Transition and
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Digital Health Funding Reaches $6.1B in First Half of 2023
What You Should Know:
Digital health funding in H1 2023 shows fewer deals, lower check sizes, and a smaller cohort of sector investors, according to the latest Rock Health report. Founders, investors, and healthcare innovators are adjusting to the new status quo, with some startups pursuing unlabelled raises, seasoned investors looking for the next big startups, and companies making decisions to sunset their businesses while their assets may continue as acquisitions or relaunched
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Q1 2023 Digital Health Funding Reaches $3.4B Across 132 Deals
What You Should Know:
2023 started off with the hallmarks of a rebound year. While Q4 2022 signaled the tail end of the digital health funding cycle, January and February funding numbers began to suggest that sector investment was slowly but surely inching back upwards. Inflation was easing ever so slightly. Investors were rediscovering their confidence and launching new projects, signaling optimism in the sector, according to a new Rock Health report. However, recent news—the collapse of
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Digital Health Funding Reaches $15.3B in 2022 Across 572 Deals, Rock Health Reports
What You Should Know:
- In a downtrodden market climate, things don’t need to feel doom and gloom, according to Rock Health’s Annual 2022 digital health funding report. 2022 was a necessary reminder that investment is cyclical and that strong players build resilience in weathering funding climate changes.
- Analysts expect that 2023 will be built up on slow, steady, and maybe even boring strategies for healthcare startups and enterprises alike: managing cash, restructuring to accommodate
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3 Seismic Shifts Transforming Women’s Health – FemTech
My company recently celebrated its 10th anniversary, which prompted me to reflect on the progress of the women’s health sector over the last decade. There has been so much change, so many technological innovations and clinical breakthroughs. And yet, two things haven’t changed all that much. Our outcomes in the U.S. have not improved; in fact they are in decline. This is true whether you are measuring maternal mortality, health equity, or complication rates. And as an industry, we’ve yet to
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Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch
What You Should Know:
- The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities.
- In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment.
Key
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Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment
What You Should Know:
- A new "State of Virtual Care" report by Omada Health and Digital Medicine Society, in collaboration with Rock Health, reveals that buyers today are inundated with vendors labeling themselves “virtual care providers,” regardless of the care model they’re selling. This phenomenon is blurring their perception of V1C’s potential impact, and what that means for improvements in healthcare delivery and outcomes.
- V1C solutions like Omada Health are changing the market,
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Intel Invests $20M in Biofourmis’ Virtual Care Offerings
What You Should Know:
- Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M.
- The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor
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