7 Digital Health ‘Unicorns’ that have Struggled

The digital health landscape has taken a dramatic roller coaster ride over the past three years.

In 2021, funding broke records amid $30 billion in deals. Digital health companies were enjoying $100 million-plus funding rounds and getting “unicorn” ($1 billion-plus) valuations almost every week. Last year began nearly as hot but sputtered out: In the fourth quarter, only $2.5 billion in deals took place.

Modern Healthcare looks at seven digital health that have struggled since earning their horns. Cerebral tops the list. Read more

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