MedCity News December 19, 2021
Digital health companies have now raised more than $20 billion in 2021, more than any other year. While experts expect to see the dealmaking continue, they raised caution about the challenges of going public with high valuations.
As digital health companies once again raise breathtaking amounts of capital, the question looms — what happens when the music stops?
So far, digital health companies are on pace to raise more than $28 billion this year, said Rock Health COO Megan Zweig in a Zoom interview. That’s a record amount, and significantly higher than their haul in previous years. For some context: Last year, digital health companies amassed $14.5 billion by Rock Health’s count, while in 2019 that amount was $7.9...