Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs) has raised $13.4M in Series B funding round from investors Rock Health, Norwich Ventures, and Scientific Health Development.Impact of Diabetic Foot Ulcers for PatientsDiabetic foot ulcers are a major complication of diabetes and are one of the most devastating and costliest diabetes complications -they can lead to debilitating amputations that cost on average $100k. In
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Rock Health | Digital Health Funding News, Analysis, Insights - HIT Consultant
Why 2018 May Have Been A High-Water Mark for Digital Health Funding
Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Where’s the Evidence? Barriers to Analyzing Digital Health’s Impact
The digital health industry continues to grow at an unprecedented rate. In 2018, venture funding for digital health companies approached a record $8.1B in funding, according to Rock Health. These companies are striving to address important healthcare issues by developing products and service offerings in various categories like genome sequencing, analytics, telemedicine, mobile apps, and population health management tools—all with the promise of increased insights and patient engagement, and
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Rock Health Q1 2019: Digital Health Funding Breaks $986M
Digital health funding reached $986M across 61 digital health deals in Q1 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The Q1 2019 funding represents about half of the $1.62B that was raised a year ago in Q1 2018 but in line with 2017 and 31% below 2016.
Compared to the $1.2B in Q4 2018, quarterly funding has averaged $1.4B over the past two years (Q1 2017-Q1 2019). Rock Health signals the $986M invested in this past quarter are somewhat below
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Rock Health: 3 Insights from Digital Health Consumer Adoption 2018 Report
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 H1 2018: Digital Health Funding Breaks $3.4B Across 193 Deals
Digital health funding reached a new record of $3.4 billion across 193 deals in the first half of 2018, according to Rock Health, a full-service venture fund dedicated to digital health.The 2018 Midyear Funding Review reveals a maturing market with an increasing number of digital health companies are hitting key validation milestones, creating a stable funding environment based on proven outcomes;investors are taking notice and rewarding companies with larger deals. The average deal size
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Rock Health Expands to Life Sciences with ZS Partnership
ZS, a global provider of life sciences consulting and technology solutions has inked a partnership with digital health-focused venture fund Rock Health to bring the latest innovations to its life sciences expertise. Rock Health's partners span the healthcare spectrum, from leading health systems to payers, manufacturers and industry advocates, all focused on removing barriers and supporting industry growth. This partnership enables ZS to bring its thought leadership and deep technical expertise
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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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Why Did the Global Digital Health Market Strengthen During Q4 2017?
Healthcare innovation consultancy Enspektos, LLC, today released the latest edition of its quarterly study, digihealth impact trac. The report focuses on key Q4 2017 market themes and previews five digital health trends that will matter in 2018. The research reveals that telemedicine is having a far-reaching impact as adoption surges globally. Most importantly, telemedicine solutions are delivering economic benefits and re-shaping the patient-physician relationship, as clinicians learn what it
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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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