Category: digital health

CB Insights, a market research and business analytics firm, has released its annual ranking of the 150 most promising digital health startups.

Tampa (Fla.) General Hospital has partnered with tech company Palantir; the hospital will use Palantir’s Foundry platform to cultivate data and analytics in decision-making. 

Investors in the healthcare technology space expect digital health investments to reach a valuation of $15 billion to $25 billion in 2023, according to a Dec. 1 survey by global investment firm GSR Ventures.

As medicine continues its digital shift, new billing codes are being added next year for specialties like remote therapeutic monitoring and digital ophthalmology.

Palo Alto, Calif.-based Stanford Health Care has rolled out a software system that digitizes pathology orders, allowing the health system to generate faster results. 

2021 was a mega year for digital health funding. With the COVID-19 pandemic driving huge demand for virtual and convenient services, digital health companies raised $29 billion.

Urbana, Ill.-based Carle Health has partnered with data and analytics technology company Health Catalyst to further advance its innovative analytics capabilities. 

In a Dec. 1 opinion piece for Fast Company, Jordan Teicher, former director of communications at digital health company Cedar, argued there are three main reasons medtech is not a recession-proof business.

Amazon Web Services and Chapel Hill, N.C.-based University of North Carolina’s Eshelman Institute for Innovation are teaming up to help launch digital health startups.

Despite a slowing market for digital health funding, investors — including health system venture capital arms — continue to pour money into promising ideas and solutions.