With as many as 20,000 digital mental health apps on the market, there is bound to be redundancy.
This coupled with the money invested into the sector has made digital mental health prime for consolidation, Behavioral Health Business reports.
However, a mismatch of valuation expectations and digital health’s disappointing performance on the public market has created challenges for startups looking to exit via M&A. Investors advise that companies need to provide unique assets and a solid infrastructure to appeal to potential buyers. Read more.
