Adoption of digital health tools reached record heights in 2018, according to a recently released survey report from Rock Health. In fact, eighty-nine percent of respondents used at least one digital health tool—up from 80% in 2015. Live video telemedicine and wearable adoption rates surged following a pause in growth in 2017. Meanwhile, respondents were increasingly guarded about their personal health data—in 2018, respondents were less willing to share data with highly-trusted entities like
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Rock Health: Digital Health Funding Brings in Record $1.62B in Q1 2018
Digital health funding has reached a record breaking $1.62 billion in Q1 2018 across 77 digital health deals, according to Rock Health, a full-service venture fund dedicated to digital health.The Q1 2018 Rock Health report reveals investors are starting to become more confident investing in large, late stage round with the top 10 deals, representing over 55% of total funding—but only 13% of deals—in the quarter. In addition, the average deal size increase from $16.4M in 2017 to $21M in 2018.The
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Is The Digital Health Industry Failing or Flourishing? New Report Provides Answers
Recently, there's been an argument about whether digital health (as an industry) is dead, or alive. In some cases, investors have failed to realize rapid returns and companies are struggling to gain traction. Others argue that it's too early to declare digital health's death, mainly because of the long sales and technology adoption cycles characteristic of the health market.This debate is framed within the context of funding levels and investor returns because of how the strength of the digital
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Rock Health Report: Digital Health Funding Tops $4.7B YTD in Q3 2017
Digital health funding has reached $1.2B in Q3 2017, bringing the YTD total to $4.7B—surpassing the prior historic annual high of $4.6B in 2015, according to Rock Health, a full-service venture fund dedicated to digital health. The report, Q3 2017 Digital Health Funding Update reveals that there have been 268 digital health funding deals across 261 companies. Comparatively, 240 digital health venture deals had closed by the end of Q3 in 2016.Other key findings/insights from the latest Rock
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15 Reasons Why 2017 Will Be A Banner Year for Digital Health Funding
Digital health funding reached a record-breaking total of $3.5B across a total of 188 digital health deals in the first half of 2017, according to a new report from Rock Health, a full-service venture fund dedicated to digital health. The findings reveal that despite the recent election and upcoming repeal of the ACA, the spike in digital health investments are not an anomaly, but an indication of increased interest in the digital health sector.The Digital Health Funding Midyear Update report
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Rock Health: Digital Health Funding Tops Over $1B in Q1 2017
Digital health funding reached over $1B across a total of 71 digital health deals in Q1 2017(49% above Q1 2015 and 23% below Q1 2016), according to Rock Health, a full-service venture fund dedicated to digital health. In a blog post, Rock Health reveals that despite any regulatory uncertainty around the repeal of the Affordable Care Act (ACA), it’s been business as usual for digital health funding. Providers and health plans are delaying expenditures based on this uncertainty, yet founders
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What Does the Current State of Digital Health Adoption Tell Us About Its Future in Healthcare?
What do today’s indicators of digital health adoption tell us about its future in healthcare? Rock Health’s Ashlee Adams weighs in.Digital consumption is at an all-time high. The trends that have more people looking down at their screens may indicate things are looking up for those in healthcare—why? Well, for one thing, increased digital use could help cut costs and create greater efficiencies and access to health services for organizations and patients alike. That’s been the speculative hope
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Rock Health: Digital Health Funding Tops $4.3B in 2016, Down 8% from 2015
Digital health funding reached $4.2B in 2016, down 8% from 2015, representing a compound annual growth (CAGR) from 2011-2016 of 30%, according to the 2016 Year End Funding Report report from digital health venture firm Rock Health. 2016 The annual report reveals 2016 was a strong year for digital health, but it also served as a reality check for founders and investors due to the election and uncertainty around the future of the ACA.In comparison to StartUp Health's digital health funding
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