Business Insider Intelligence
The healthcare industry is facing disruption due to accelerating technological innovation and growing demand for improved delivery of healthcare and lower costs. Tech startups are leading the way by seizing opportunities in the areas of the industry that are most vulnerable to disruption, including genomics, pharmaceuticals, administration, clinical operations, and insurance.
Venture funds and businesses are taking notice of these startups' potential. In the US, digital health funding reached $1.6 billion in Q1 2018, according to Rock Health — the largest first quarter on record, surpassing the $1.4 billion in venture funding seen in Q1 2016. These high-potential startups provide a glimpse into the future of the healthcare space and demonstrate how we’ll get there.
See the rest of the story at Business Insider
See Also:
- Health firms should look at evidence of digital health startups' actual impact before adopting solutions
- US digital health funding soared to $8.1 billion in 2018
- Verily raises $1 billion to expand its healthcare beyond research
from Business Insider https://read.bi/2AcGKbz
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