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Global Digital Health Startup Activity Near All-time High
It may be a brief snapshot in time, but second-quarter global venture capital investments in digital health startups provided another illustration of where many financiers believe the field is headed. Global investor support for artificial intelligence in health care set a record in both deals and dollars while digital health startups targeting behavioral and women’s health continue to receive strong backing, according to a recent CB Insights report.
Investor Appetite Remains Strong for Digital Health Startups
Much was riding on the late July initial public offering by California-based Livongo Health — both for the company, which helps patients manage chronic diseases, as well as other digital health startups trying to assess investor appetite for the sector. By market close on the first day of public trading for Livongo, it was hard to escape the positive reaction.
Leveraging Virtual Care to Increase Access and Triage Patients
Virtual care has the potential to increase access, reduce costs and help patients make better decisions about their care as symptoms arise. Fulfilling these lofty goals may be a work in progress, but evolving telemedicine platforms are attempting to solve some of health care’s perplexing problems — how to increase access to primary care while delivering it in the most-appropriate cost setting.