(Left to Right) CVS Chief Digital Officer Firdaus Bhathena, Google Cloud Head of Product for Health & Life Sciences Dr. Joseph Corkery, Iora Health Chief Growth Officer Sonia Millsom, and Oak HC/FT Partner Nancy Brown chat onstage at a recent event in Cambridge, Massachusetts. (Photo by Jonah Comstock)
June 7, 2019
When it comes to healthcare, Google is no longer just a tool for searching symptoms at 1 a.m. The tech giant is quickly making its mark in the health industry, from fitness apps to EHR patents, and all eyes are on how the company could be a disruptive force. So far the tech giant has already seen some challenges and successes.
While Google has made headlines in health news within the last few...
June 6, 2019
Healthcare enterprises and digital health startups have a symbiotic relationship: startups need enterprise partners to test and validate their technology, and enterprises turn to startups to bolster innovation efforts beyond what they’re equipped to do in-house.
According to Rock Health Director of Research Megan Zweig, speaking this week at a Rock Health event in Cambridge, Massachusetts, this...
June 4, 2019
Digital health is still in many ways the new kid on the block within the healthcare industry. Within a short amount of time, the new field has turned the heads of investors and providers alike. But now the industry is beginning to grapple with questions around how to implement a sustainable economic business model.
“In the next five to six years or so the market is estimated to be $120 billion...
April 9, 2019
Although still in its earliest chapters, the story of digital therapeutics is beginning to pick up steam. Just six months ago, that the first software-only therapeutic cleared by the FDA, Pear Therapeutics’ reSET, kicked off a commercial launch driven by the sales channels expertise of an established pharmaceutical partner.
Proteus, meanwhile, recently expanded dealings with its long-time pharma...
April 3, 2019
The first quarter of 2019 is behind us and both Rock Health and Startup Health have released their funding report for the quarter.
Both agree that funding for Q1 2019 is down relative to other recent years. But both see other reasons to be optimistic about digital health investment.
Rock Health tracked $986 million of investment across 61 digital health deals in the US, which is lower than both...
March 15, 2019
When it comes to digital health, investors get a bird’s eye view and play a major role in steering the direction of the industry’s future. That is why many are stressing the importance of a diverse viewpoint for investors in an industry focused on bringing digital tools to the masses.
Traditionally this has been a challenge for the venture space, where women only account for 12.2 percent of...
February 19, 2019
As the adoption of digital health continues to climb among consumers, how customers are using that technology is evolving. Instead of a narrow focus on general health and fitness, users are starting to employ digital health to manage complex conditions, according to a recent Rock Health study.
“Consumers continue to go digital and are now doing so not just out of curiosity or for general fitness...
January 8, 2019
It’s no secret investors are actively pouring money into the digital health arena. This was particularly true in 2018, which saw a 42 percent increase from 2017’s digital health investments, with the industry raking in around $8.1 billion, according to a recently released Rock Health funding report.
Over all, digital health investments have been steadily on the rise since 2011 (expect for 2016...
November 6, 2018
When it comes to treating the opioid crisis, digital tools may be able to tackle some of the trickiest issues that the current care model cannot, according to a recently released Rock Health report. The report zeros in on some of the major road blocks in treating addiction and how digital could be the key to addressing these needs.
Those challenges include the variability between treatment...
October 2, 2018
Rock Health’s latest funding report reveals that the first three quarters of 2018 have already surpassed the total amount of funding that was spent on digital health startups in 2017. So far this year, digital health startups have raised $6.8 billion, with $3.3 billon of that coming from the third quarter alone, compared to a total of $5.7 billion in 2017.
The quarterly report suggests that...