What You Should Know: - Investors in the healthcare technology space believe a measurable return on investment (ROI) and clinical validation of the technology's platform will be the greatest indicators of company success in 2023, according to a new survey of top digital health investors by GSR Ventures. - ROI was deemed "important" or "very important" to the success of digital health companies by more than 94% of investor respondents, and 79% for clinical evidence and trials. Top
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Evaluating Evidence Base in Digital Health Solutions: The Real Questions Stakeholders Should Be Asking
Throughout the pandemic, digital health companies have seen significant growth, with one study finding that U.S.-based digital health startups surpassed $29 billion in 2021, almost twice the funding seen in 2020. When done correctly, the use of these digital innovations can help people reduce the burden of dealing with mental health challenges by providing accessible, affordable, and timely care to users. As digital mental health interventions (DMHI) continue to battle it out for a leading spot
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bene : studio Launches HealthTech Product Accelerator Starting April 1st
What You Should Know: - bene : studio, a San Francisco, CA-based global digital product consultancy, announced its non-equity, online HealthTech Product Accelerator, starting on April 1st. The accelerator will focus exclusively on the enhancement of the participating companies' design and technology. - This accelerator is tailored to advanced Health Tech startups with $1M+ yearly revenue or overall funding, with programs including, but not limited to, Telehealth, IoMT devices, Biotech, and
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UnitedHealthcare Accelerator + Techstars Unveils Inaugural 2019 Class of 10 Startups
- UnitedHealthcare Accelerator powered by Techstars unveils 2019 class of 10 health tech startups focused on innovation in digital health and wellness. - Final group of 10 was narrowed down from hundreds of startups from 33 different countries across the globe. - Three-month accelerator will provide mentorship and access to capital to help iterate on their business models.UnitedHealthcare Accelerator powered by Techstars, today announced inaugural 2019 class of ten health tech startups focused
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July. Digital Health IPOs in July Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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20 Promising Canadian Digital Health Companies to Watch
“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups. A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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Why My Digital Health Startup Failed
Jeff Novich provides a rare and honest introspective look into why his digital health startup Patient Communicator, a patient portal CRM for doctors ultimately failed. Editors’ Note: This article was originally published in January 2013 and has been republished with permission by the author. My father is a primary care doctor. In 2009 he asked me to help build a product that would enable his patients to access him online rather than through the phone. Patient Communicator was basically a
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