Health tech companies raised nearly $40 billion last year, according to Silicon Valley Bank's Healthcare Investments and Exits Report. IPOs were also up, but those companies didn't fare as well in the public markets.
Walmart's announcement last week that it would acquire telehealth company MeMD to provide virtual care nationwide for primary, urgent and behavioral healthcare is a bigger deal than Amazon's March rollout of its virtual primary care services, according to consultant Paul Keckley of The Keckley Report. "I think it's a strategic play, I think it's bigger than Amazon," Keckley