HIT Consultant October 16, 2020
In the last decade, the healthcare industry has experienced a rapid rise in digital health solutions that have promised to transform care delivery and improve outcomes. Yet, with change comes skepticism – especially in an industry that is notoriously slow to adopt new technologies and innovations. Despite the industry’s conservative reputation, we have seen an influx of global venture capital funding for digital health services, which hit a record $3.1 billion in funding this year.
At the start of 2020 digital health adoption had begun to stall, dropping from nearly half of U.S. consumers (48%) using digital tools to manage their health in 2018, to only 35% in early 2020. But then COVID-19 happened.
In a very short window of...
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