Category: digital health

Venture capital investments for digital health in 2022 hit $7 billion, down 55 percent from 2021 when investments totaled $15.6 billion, according to a March 10 report from PitchBook. 

Renton, Wash.-based Providence is partnering with in-home physical therapy provider Luna to expand its home-based physical therapy services.

Newark, Del.-based ChristianaCare’s Center for Virtual Health has launched virtual primary care options to allow patients to receive primary care via a personal digital device.

Philadelphia-based Jefferson Health is using a new app to make interpreting language faster for patients who are deaf or have limited English proficiency. 

Silicon Valley Bank, which partnered with nearly half of the venture-backed tech and healthcare companies, collapsed March 10, CNN reported.

Joel Vengco, senior vice president and chief information and digital officer at Hartford (Conn.) HealthCare, has been named to a healthcare advisory board for Internet of Things company Digi International.

Philadelphia-based Temple Health is partnering with medtech company Masimo, with a focus on remote patient monitoring, telehealth and automation.

Transcarent, a digital health company backed by major health systems, has agreed to acquire the artificial intelligence-powered virtual care platform of 98point6 in a transaction worth up to $100 million.

For many in the digital health space, the pandemic years were ones of increased funding, new startups and loose money. Recently, a dramatic drop in funding and layoffs are forcing health systems to deal with a very different digital health environment….

The digital health market is constantly changing, with startups coming onto the scene and more established companies restructuring their strategies.