Digital health had another standout year in 2021, with startups raising an eye-popping $29.1 billion across 729 deals, Fierce Healthcare reports, citing Rock Health, a venture fund dedicated to digital health. Overall, investment in the market nearly doubled 2020’s $14.9 billion former record haul, the company noted in its year-end funding report. Digital health startups offering mental health maintained their spot as top money raisers, bringing in $5.1 billion—$3.3 billion more than any other clinical indication in 2021, and nearly double 2020’s funding total of $2.7 billion, according to the Rock Health report. Investors also boosted funding for diabetes care and musculoskeletal (MSK) care, conditions that can increasingly be managed virtually. Rock Health analysts say there are a few signs pointing to a continued acceleration in the market. Read more.
Related Posts
Dentists Chip Away at Uninsured Problem by Offering Patients Membership Plans: Report
A quarter of dentists nationwide now offer membership plans, mainly to the uninsured, according to a 2021 survey of 70,000 dentists by the American Dental Association.
September 17, 2021
Consumer Direct Terminates $681M Deal with DTRT Health Acquisition
A new aging-in-place public company would have been formed.
January 9, 2023
Exclusive: Is Patient Loyalty a Thing of the Past?
A survey reveals that nearly 80% of patients will overwhelmingly change their medical provider if another offers simpler methods of communication.
November 23, 2022
Private Equity Investors Target Primary Care: Report
Modern Healthcare insurance and finance reporters discuss primary-care practice mergers and acquisitions.
August 3, 2021