ICT&health December 30, 2024
Silicon Valley’s northern star in digital health, Forward Health, aimed to revolutionize patient care with prevention-focused clinics and the ‘World’s First AI Doctor’s Office.’ Despite its ambitious vision and strong investor backing, the company’s sudden shutdown in November 2024 highlights the gap between advanced technology and the human side of healthcare. Does this indicate that patients aren’t ready for the digital future envisioned by health startups?
The rise and fall of Forward Health
In one of the most striking failures of a digital health startup in recent years, Forward Health unexpectedly announced its closure in November 2024. After eight years of operation, $650 million in VC funding, and a $1 billion valuation in 2023, the journey toward future healthcare is...