After a record year for digital health funding in 2017 — when the sector saw $11.5 billion in investments — early data from 2018 show no signs of slowing, according to Rock Health's 2018 first quarter digital health funding report.
Here are five things to know.
1. In the first quarter of 2018, $1.62 billion was invested across 77 digital health deals.
2. Although 2017 recorded a record eight mega deals — which were more than $100 million each — there have been three mega deals so far this year.
- HeartFlow ($240 million)
- Helix ($200 million)
- Collective Health ($110 million)
3. The average investment size so far in 2018 is $21 million, compared to $16.4 million one year prior.
4. The most funded value proposition was in the digital diagnosis of disease, followed by the monitoring of disease and consumer health information.
5. Here are the three largest disclosed digital health acquisitions so far in 2018.
- Flatiron was acquired by Roche for $1.9 billion
- Ability was acquired by Inovalon for $1.2 billion
- Intermedix was acquired by RI RCM for $460 million
Click here to access the complete report.
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