Healthcare Innovations Hub | Trends and Custom Solutions’ Post

To end the week on a more positive note PitchBook recently published a list of digital health companies that are likely to IPO this year. During the Covid19 induced mad valuation hype several digital health companies went public, but this ended badly for many of them (Babylon Health, Pear Therapeutics, Better Therapeutics and now Akili). Allowing early investors in digital health companies to gain liquidity via a listing on the capital markets helps the sector grow by allowing capital to be recycled in the space and by providing a pathway for investors to cash out of their investment. I would argue that several of the initial batch of digital health companies that went public were not in suitable shape to do so. Most had little to no revenues, promised massive growth that was never delivered and none of them were profitable. The current batch of IPO contenders includes companies that can be considered digital therapeutics companies (Noom & Hinge). Several also have businesses that reply on telemedicine to enable their service delivery (Noom, Ro, Lyra and Hinge) but do not rely on telemedicine as the core differentiator of their business model. Many of these companies also have built sizable revenue bases showing they can scale their commercial models (noting that I didn't say 'scale profitably'!). The big question on my mind is will the companies that raised capital at high valuations several years ago be able to hold onto these valuations when going public. Based on the info provided by Pitchbook it's estimate that Hinge, Ro and Lyra last raised capital in the $6 billon valuation range. Sense checking this; Hinge's revenues are estimated to be around $300mil, so their current valuation would price them at around 20x revenue which is high. At the end of the day the sector would benefit from a couple of digital health companies being successful when going public, and hopefully the next batch of companies taking this route become the success stories we need. #digitalhealth #digitaltherapeutics #digitalhealthcare

📢 Today Naomi Goez and Michael Cardamone launched Forum Ventures' healthcare report to give HealthTech founders an inside perspective on the critical investment areas for US hospitals. To continue the conversation, they are hosting a HealthTech breakfast on May 1st in NYC, in partnership with Perkins Coie LLP. 👥 This event will feature a small group of HealthTech VCs, founders, and operators to foster high-quality conversations and deeper connections. Our focus will be on how health systems can leverage AI to expand access to healthcare and improve patient outcomes. 🚀 We have three spots open to early-stage B2B SaaS founders building in HealthTech. Register at the link in the comments or tag a founder in your network. Let's work together to solve the industry's most pressing challenges. #HealthTech #AIinHealthcare #HealthcareInvestment #B2BSaaS #Founders #VCs #Operators

During a panel discussion at MedCity News’ INVEST Digital Health conference, top VCs shared insights on what they ask healthcare startups during pitches and how startups address critical healthcare problems. For more: https://lnkd.in/gywzTG_R #DigitalHealth #VCs #StartupFunding

🚀 Digital Health: A Resilient Sector with Renewed Investor Optimism 🚀 Pitchbook's research analyst, Aaron DeGagne, has just released the Q2 Digital Health report, and it’s full of key insights for the sector: 📊 VC Activity: Since late 2022, digital health VC funding has remained steady between $1.3 billion and $1.7 billion. Encouragingly, we’re seeing signs that the worst period for funding may be behind us, with several $100M+ deals sparking new optimism. 💡 DTC Telehealth Struggles: Direct-to-consumer telehealth companies are still battling growth challenges, as seen with 23andMe’s board issues and potential delisting. Yet, the space remains attractive to some investors—U.K.-based Flo Health recently raised a massive $200M round in July. ⚖️ M&A Potential: With GLP-1 weight loss drugs gaining traction, we anticipate increased M&A activity, especially from consumer-facing health platforms. Recent moves like Oura's acquisition of Veri Health signal strong interest in metabolic health. 📅 Looking Ahead: 2025 could see a surge in digital health exits as favorable public market conditions return. However, if the IPO window stays shut, more founders may look to acquisitions as a viable exit strategy. What are your thoughts on the digital health space? #DigitalHealth #VentureCapital #Telehealth #MergersAndAcquisitions #HealthTech #Startups #InvestmentTrends #HealthcareInnovation

We are thrilled to be named to the 2024 CB Insights’ list of the 50 most innovative digital health startups! 🏆 From new partnerships, to new fundraising, to new teammates and new product developments, 2024 has been a year of tremendous growth for adonis. We’re honored to be selected as one of the top 50 most promising private digital health companies from a pool of 10,000+ digital health startups. “The 2024 Digital Health 50 cohort highlights high-momentum companies driving meaningful change across healthcare,” said Amrit Panjabi, Intelligence Analyst at CB Insights. “This year’s winners are at the forefront of bringing an AI-driven infrastructure to healthcare, transforming diagnostics, and bringing condition-specific care platforms to patients and providers. These companies are accelerating the transformation of healthcare delivery, streamlining workflows, and advancing patient outcomes globally.” Thank you CB Insights for recognizing the work we are doing to maximize revenue outcomes that enable healthcare providers to deliver the highest form of clinical care. 💫 Read the full announcement and check out the other winners, here: https://lnkd.in/e8p6uHjV #digitalhealth #digitalhealth50 #healthtech #innovation

It’s official: Fabric has been recognized by CB Insights as one of the fastest-growing digital health startups in the world. This recognition reflects more than our dedication to addressing healthcare’s capacity challenges—it’s a testament to the meaningful impact we’ve made. We’re just getting started. This win wouldn’t have been possible without the dedication of our team and the support of our partners. Here's to another year of tackling the biggest strains in healthcare! https://lnkd.in/eZW3iuWt #DigitalHealth50 #HealthAI #HealthTech

Healthcare investments in Tier II cities are rapidly rising, driven by increased demand for accessible care. These regions offer significant growth potential as urban healthcare providers expand their reach. Private players and startups are setting up hospitals, diagnostic centres, and telemedicine networks, helping bridge the healthcare gap. The move could alleviate pressure on metro facilities while providing underserved populations with quality care. What would you add? Found this useful? Repost ♻️ to help your network.

#fundingalert 💼Company: rater8 💰Funding: Undisclosed ⚡Round: Series A 👥Investors: Elsewhere Partners rater8, the healthcare industry’s leader in online reputation management, provides SaaS solutions that help medical practices attract more patients by effortlessly cultivating five-star reviews on leading sites and gathering real-time patient feedback. rater8 will use the growth financing to further expand its market reach to medical practices and hospitals of all types and sizes, while continuing to build out its team, deepen industry partnerships and enhance its award-winning SaaS solutions to meet the changing needs of patients and the modern healthcare community. Rachel Uzlik Evan Steele Kristen Ortwerth Ron Chorzewski Carter Johnson Read more - https://lnkd.in/g9ngtBwv To share your startup story write us on - [email protected] #rater8 #healthcare #reputation #medtech #partnership #funding #startupnews #fundingnews #news #startuprise

Learn more: https://ieeesa.io/3Id4S04 Do you or someone you know have a solution that enhances patient engagement, streamlines healthcare delivery, or improves overall patient outcomes in a value-based care model? Enter the 3rd Annual IEEE SA Telehealth Pitch Competition, a global startup competition for innovators addressing challenges in the telehealth domain. Drawing from the work of IEEE SA Healthcare & Life sciences and its 'Transforming the Telehealth Paradigm' Industry Connections Program, the competition connects innovators with a network of investors, corporations, and mentors to help raise capital, navigate healthcare market collaborations, and scale their world-changing startups.

In the whirlwind of today's healthcare scene, the buzz around Foundation Health snagging a $6 million seed funding from heavyweights like Garry Tan, Transpose Platform, Exceptional Capital and Alt Capital is something we can't just scroll past. They're on a mission to shake up the consumer healthcare experience with digital-first solutions, and it's not just talk; they're taking significant strides towards changing how we think about healthcare engagement and delivery. At the core of Foundation Health's bold move is a clear commitment to delivering agile, scalable, and tech-savvy healthcare solutions. They're diving deep with offerings like APIs for Telehealth Prescribing and Pharmacy Services, Virtual Pharmacy, and Virtual Direct-to-Patient Service. This isn't just innovation for the sake of it; it's a thoughtful response to the shifting needs in healthcare and the crucial role technology plays in meeting these evolving demands. Their approach is a testament to the changing landscape, where digital healthcare solutions are moving from nice-to-have to absolutely essential, driven by the surge in telehealth services and the push for personalized healthcare. For entrepreneurs and startups watching these trends unfold, the takeaway is unmistakable. Leaning into innovation and centering your strategy around customer-focused tech solutions isn't just a good idea—it's critical for thriving in this new era. Foundation Health's journey is a clear indicator that strategic tech investments can flip the script on service delivery, amplify customer experiences, and carve out new paths for growth and profitability. While we often talk about navigating the digital transformation journey, Foundation Health's recent success prompts a deeper reflection. How can your venture tap into digital innovation to not just meet but exceed industry standards and reshape consumer expectations? This moment in healthcare is ripe for reimagining how services are delivered and experienced. Montaigne Smart Business Solutions #HealthTechInnovation #DigitalHealthcare #Entrepreneurship #ConsumerHealthcare #InnovativeSolutions #HealthTech #Telehealth Market Unwinded #PharmacySolutions #SeedFunding #MarketUnwinded #StrategicGrowth