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Digital Health

Digital health funding continues to slip, with the industry bringing in $2.5 billion in funding in the second quarter, putting 2023 on track to be the lowest funding year since 2019, according to data released July 10 by Rock Health. 

This week in the digital health market, companies laid off employees and top health systems installed new digital health platforms.

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A majority of healthcare consumers report a desire to manage all healthcare activities through a single digital platform, with 79 percent emphasizing a preference for access to all medical bills in one spot.

As hospital-at-home programs grow in popularity, investment in home health companies grew from $2.2 billion in 2020 to $4.7 billion in 2021, 7WireVentures reported.

This week in the digital health market, virtual mental health companies laid off employees and a former Mass General Brigham CEO landed a massive haul for his new company. 

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