Several digital health darlings that have raised tens of millions of dollars over the past few years are now scrambling to survive.
Those focused on home-based care — for the most part — tend to be the exception, Home Health Care News reports.
Economic uncertainty, regulatory pressure and other factors have contributed to a dip in digital health investment in 2022, at least compared to a record-setting 2021, when startups hauled in $29.1 billion in funding, according to Rock Health Data. That cooldown, in turn, has triggered a wave of digital health layoffs, with Carbon Health and Ro being two recent examples.
Meanwhile, at least so far, home-based care startups such as MedArrive and Sprinter Health have been able to avoid massive layoffs or strategy overhauls. Read more.
