The report said that $10.3 billion was raised in the first half of 2022, compared to $15 billion in last year’s first half. Digital health funding is still on track for a stronger year than 2020, according to the report.
The report suggests that the drop in funding could be caused by startups looking to trim costs and reduce positions.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.