Rock Health calculated there was $29.4 billion in capital invested in digital health startups since 2011 that were still waiting on returns and examined the two routes companies have to return liquidity to investors: IPOs and M&A.
The startup has developed smart sensor mat that is designed to be placed in a patient's home and can analyze foot temperature variations to predict and prevent the occurrence of a potential ulcer.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Rock Health's latest report found that in the first quarter of 2019, $986 million was invested across digital health deals, which is a little more than half the amount that was raised in Q1 2018.
Faster cash burn rates, lack of growth in startup exits and sky-high valuations are leaving some industry observers nervous that a major market correction is on the way.
Oscar Health CEO Mario Schlosser laid out what brought the company to where it is today and how it plans to lean into some of the larger shifts in the healthcare system during an onstage interview at Rock Health 2018 Summit in San Francisco.
In 2018 alone, ten companies have inked mega-deals of more than $100 million including Livongo, 23andMe and American Well.
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
The latest report from Rock Health found 15 behavioral health startups brought in $273 million in funding, which is almost double the $137 million behavioral health companies secured in the first half of 2016.
It used to be conventional wisdom that the reason healthcare IT deals were appealing, at least compared to medical devices and biotech, is because they needed far less capital to get to the promised land.
That figure reflected investment across 77 digital health deals, dominated by disease diagnosis in terms of total investment and monitoring of disease in terms of deal volume.
Rock Health has launched the Impact Project to illustrate how digital health startups are making a difference in the lives of the patients and providers they touch, but it will also share the perspective of providers, investors and other organizations about how they want to see healthcare improved.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
Although their figures differ, StartUp Health and Rock Health both noted in their end-of-year reports that digital health dealflow reached a new peak in 2017.
B Capital Group Partner Gavin Teo said tax reform and a more liberal FDA are helping to make technologies supporting drug research and development more attractive to investors.
Among the digital health trends in the third quarter highlighted in Rock Health's report: More companies led by women secured investment than in first half and consolidation slowed.
A report from Rock Health on streamlining enterprise sales in digital health found that more than half of CEOs (54 percent) admitted to doing "very little" or just "moderate" research on the would-be customers they pitched. Cue facepalm.
There was a total of 188 deals in the first half of the year. Healthcare consumer engagement accounted for 17 deals amounting to $321 million, according to Rock Health.