HLTH 2022 was inspiring and covered a wide range of subjects from health equity to the future of the digital health investment environment. Some sessions were focused on current developments, but many had forward-looking themes that will be useful to note in 2023.
While 2022 will likely be a reset from the tremendous growth in digital health funding of 2021, this is a healthy correction and an opportunity to realign on core metrics.
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A new CB Insights report found global digital health funding fell 36 percent in the first quarter of the year from that in Q4, 2021, with mental health and digital therapeutics suffering the greatest quarter-on-quarter decline.
Some venture capitalists interviewed by MedCity News believe that digital health's $57.2 billion haul globally last year is not a sign of a bubble and that there is yet room to grow, some hedged in answering the question, while a couple sounded the alarm. Everyone agreed on one thing though: valuations need to come down.