- Rock Health and the Stanford Center for Digital Health release their findings from the 2019 Consumer Adoption Survey. - In 2019, overall consumer adoption of digital health leveled off in 2019 near the 2018 high water mark. - Findings reveal consumer-clinician dialogue and transparency around data collection and sharing will be central to the growth of digital technology in healthcare.Digital health consumer adoption has leveled off in what appears to a slight moderation of digital health
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Rock Health | Digital Health Funding News, Analysis, Insights - HIT Consultant
Q3 2019 Digital Health Funding Levels Off At $1.3B, Rock Health Reports
- New Rock Health report finds digital health funding reaches $1.3B in Q3 2019 for a total of $5.5B year to date. - Large digital health funding round are driving the overall funding trend in digital health with the average deal size at $20.9M, in line with 2018’s $21.7M average deal size. - Rock Health projects the number of digital health deals in 2019 will be 5-10% lower than in 2018.Digital health funding reached a total of $1.3B in Q3 2019 for a total of $5.5B year to date, leveling off
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InsightRX Lands $10M for Precision Medicine Dosing at the Point of Care Platform
- InsightRX raises $10M led by HealthX Ventures to accelerate the adoption of its precision dosing at the point of care platform.
- The platform leverages patient-specific data, pharmacology models, and machine learning to understand each patient’s unique pharmacological profile to guide treatment decisions.
- InsightRX plans to use the new funding to deepen its integration capabilities, broaden development across additional therapeutic areas, and continue its expansion into health
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Rock Health Report: Is 2019 The Year of the Digital Health IPO?
Digital health funding reached a new record of $4.2 billion across 180 deals in the first half of 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The digital health sector is on track for an $8.4B year in 2019—and may even break 2018’s annual funding total. The report also validates the continued trend of the large $100M+ mega deals, attributing to 30% of venture funding in H1 2019. The 2019 Midyear Digital Health Market Update reflects a maturing digital
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Podimetrics Raises $13.4M for FDA-Cleared Solution to Prevent Diabetic Foot Ulcers
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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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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